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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allyn is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Allyn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Allyn, WA

How much do homes in Allyn, WA cost?

Median Sold Price

$535,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,000(+5.5%)

Key Takeaway

Homes in Allyn have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Allyn was $535,000 in May 2024, up 5.5% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $310K$350K
+12.9%
2 $458K$444K
-3.1%
3 $511K$535K
+4.7%
4 $575K$540K
-6.1%
5+ $460K$720K
+56.5%

Summary: Allyn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 56.5%.

Median Sold Price Compared To Nearby Cities

Grapeview
+17.8%
Allyn
+5.5%
Belfair
+2.3%
Belfair-Tahuya
0.0%
Vaughn
-18.9%

Housing Supply in Allyn, WA

How many homes are available in Allyn, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2939+34.5%

Summary: The Allyn real estate market had 39 homes for sale in May 2024, a 34.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 1222
+83.3%
4 77
0.0%
5+ 00
0.0%

Summary: The Allyn housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allyn, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Allyn in May 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Allyn, WA

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

Average Sale Time

May 2023May 2024CHANGE
36 Days52 Days+42.5%

Summary: Homes in Allyn had an average of 52 days on market in May 2024, up by 42.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Allyn; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in Allyn, WA

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