Is Whatcom County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whatcom County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Whatcom County has remained a Seller's Market.

Key Takeaway

Whatcom County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whatcom County, WA

How much do homes in Whatcom County, WA cost?

Median Sold Price

$610,310

$361/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,892(+8.1%)

Key Takeaway

Homes in Whatcom County have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Whatcom County was $610,310 in October 2024, up 8.1% from last year, and the median price per square foot was $361.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $278.7K$315.5K
+13.2%
2 $424.2K$443.4K
+4.5%
3 $568.9K$625K
+9.8%
4 $743.7K$760K
+2.2%
5+ $799.9K$935K
+16.9%

Summary: Whatcom County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Counties

Whatcom County
+8.1%
Okanogan County
+4.4%
Skagit County
+4.1%

Housing Supply in Whatcom County, WA

How many homes are available in Whatcom County, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,0861,100+1.3%

Summary: The Whatcom County real estate market had 1,100 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 7377
+5.5%
2 262252
-3.8%
3 494504
+2.0%
4 208217
+4.3%
5+ 4950
+2.0%

Summary: The Whatcom County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
261220-15.7%

Asking Price vs. Sold Price

99 Homes Were Sold
Under Asking

64 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whatcom County, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 220 homes were sold or pending in Whatcom County in October 2024, down by 15.7% month-over-month. Of the 220 sold homes, 45% were sold under asking, 29% were sold at asking, and 26% were sold over asking.

Days on Market for Whatcom County, WA

How long does it take to sell a home in Whatcom County, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days40 Days-11.3%

Summary: Homes in Whatcom County had an average of 40 days on market in Oct 2024, down by 11.3% compared to last year.

Breakdown of Home Sale Times

118 Homes Were Sold
Under 30 Days

72 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Whatcom County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 220 homes were sold in Whatcom County; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Whatcom County, WA

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What housing markets are near Whatcom County, WA?