Is Whitman, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitman is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Whitman was a Seller's Market.

Key Takeaway

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

Housing Prices in Whitman, WA

How much do homes in Whitman, WA cost?

Median Sold Price

$294,900

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,150(+5.4%)

Key Takeaway

Homes in Whitman have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Whitman was $294,900 in October 2024, up 5.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$203K
-11.7%
2 $250K$265K
+6.0%
3 $287K$309.5K
+7.8%
4 $326.7K$327.4K
0.2%
5+ $289K$303.5K
+5.0%

Summary: Whitman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5%.

Housing Supply in Whitman, WA

How many homes are available in Whitman, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1520+33.3%

Summary: The Whitman real estate market had 20 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 77
0.0%
4 35
+66.7%
5+ 34
+33.3%

Summary: The Whitman 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitman, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Whitman in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Whitman, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days1 Days-70.0%

Summary: Homes in Whitman had an average of 1 days on market in Oct 2024, down by 70% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Whitman; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Whitman, WA

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