Is Union-Grapeview, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Union-Grapeview is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Union-Grapeview was a Neutral Market.

Key Takeaway

Union-Grapeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Union-Grapeview, WA

How much do homes in Union-Grapeview, WA cost?

Median Sold Price

$490,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,000(+6.3%)

Key Takeaway

Homes in Union-Grapeview have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Union-Grapeview was $490,000 in November 2024, up 6.3% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$395K
+27.4%
2 $435K$435K
0.0%
3 $470K$495K
+5.3%
4 $575K$555K
-3.5%
5+ $525K$685K
+30.5%

Summary: Union-Grapeview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 30.5%.

Median Sold Price Compared To Nearby Cities

Timber Lake-Harstine Island
+6.9%
Union-Grapeview
+6.3%

Housing Supply in Union-Grapeview, WA

How many homes are available in Union-Grapeview, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
126112-11.1%

Summary: The Union-Grapeview real estate market had 112 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2628
+7.7%
3 8066
-17.5%
4 1413
-7.1%
5+ 43
-25.0%

Summary: The Union-Grapeview housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3412-64.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer42%33%25%

Key Takeaway

If you're buying a home in Union-Grapeview, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Union-Grapeview in November 2024, down by 64.7% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Union-Grapeview, WA

How long does it take to sell a home in Union-Grapeview, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
76 Days55 Days-27.7%

Summary: Homes in Union-Grapeview had an average of 55 days on market in Nov 2024, down by 27.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times58%25%17%

Key Takeaway

Avg time on Rocket Homes in Union-Grapeview has remained consistent over time.

Summary: During November 2024, 12 homes were sold in Union-Grapeview; 25% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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