$5,700 Closing Credit*
$479,995
1,395 SqFt
3 Beds
•2 Full Baths
Brandy M. Runkle, Listing Office: DR Horton
Is Sumner, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sumner was a Neutral Market.
Key Takeaway
Sumner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sumner, WA
How much do homes in Sumner, WA cost?
Median Sold Price
$535,000
$317/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$3,525(+0.7%)
Key Takeaway
Homes in Sumner have sold for 0.7% more than they did a month ago.
Summary: The median home sold price in Sumner was $535,000 in October 2024, up 0.7% from last month, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $478.8K | $435K | -9.1% |
| 3 Bedrooms | $529.9K | $545K | +2.8% |
| 4 Bedrooms | $691.5K | $905K | +30.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sumner housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 30.9%, and 5+ bedroom homes did not change.
Housing Supply in Sumner, WA
How many homes are available in Sumner, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The Sumner real estate market had 53 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 27 | 31 | +14.8% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sumner housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sumner, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Sumner in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.
Days on Market for Sumner, WA
How long does it take to sell a home in Sumner, WA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 50 Days | +75.9% |
Summary: Homes in Sumner had an average of 50 days on market in Oct 2024, up by 75.9% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sumner are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Sumner; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.