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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tahuya is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Tahuya, WA

How much do homes in Tahuya, WA cost?

Median Sold Price

$375,500

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$6,450(-1.7%)

Key Takeaway

Homes in Tahuya have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Tahuya was $375,500 in May 2024, down 1.7% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $205K$350K
+70.7%
2 $327.5K$355K
+8.4%
3 $387.4K$417K
+7.6%
4 $710K$476.5K
-32.9%
5+ -$436.5K
N/A

Summary: Tahuya housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Belfair
+2.3%
Belfair-Tahuya
0.0%
Tahuya
-1.7%

Housing Supply in Tahuya, WA

How many homes are available in Tahuya, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
19190.0%

Summary: The Tahuya real estate market had 19 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 41
-75.0%
2 55
0.0%
3 810
+25.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Tahuya housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tahuya, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Tahuya in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Tahuya, WA

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

Average Sale Time

May 2023May 2024CHANGE
38 Days24 Days-35.9%

Summary: Homes in Tahuya had an average of 24 days on market in May 2024, down by 35.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Tahuya; 83% of homes were sold within 30 days, 0% 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 8 Days Ago

Newest Listings in Tahuya, WA

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