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Sequim, WAHousing Market

Sequim's housing market currently favors sellers. With just a 2.4-month supply of homes and properties taking an average of 20 days to sell, sellers have considerable pricing power and can command premium offers.

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Reviewed By Deepika RHousing Market Analyst
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Sequim, WA Market Snapshot
MEDIAN HOME PRICE
MORTGAGE RATES 30-YR
DAYS ON MARKET
INVENTORY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Sequim Housing Market Overview

If you're looking to sell a home in Sequim, you're in a strong position. While the median sale price sits at $489,950 (up 0.02% year-over-year), the real story lies in the market's pace. Homes are moving in just 20 days, inventory stands at only 2.4 months of supply, and properties are selling for 98.22% of asking price. In March 2026, 18 Sequim houses were sold, a 0% no change from the same month last year. These conditions present an excellent opportunity for sellers to maximize their returns and attract competitive offers.

Median Sale Price

# of Homes Sold

Median Days on Market

Median Sale Price

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Sequim Housing Market Forecast for 2026

The housing market in Sequim is positioned for gradual stabilization in 2026, with modest growth expected as mortgage rates ease and inventory conditions improve.

Price Outlook:

  • Home prices in Sequim are forecast to rise 2-4% in 2026, reflecting a return to more normalized market conditions
  • Affordability is improving as wage growth outpaces home price appreciation
  • Strong homeowner equity supports price stability and strategic listing decisions

Will the Sequim Housing Market Crash in 2026?

The consensus among housing economists and real estate experts is firmly no. Sequim remains supported by fundamental market strengths, including sustained buyer demand, strong homeowner equity levels, and stricter lending standards than pre-2008. With 2.4 months of supply and homes selling at 98.22% of the asking price, the market demonstrates healthy demand fundamentals.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    20 days

  • Months of Supply:

    2.4 months

  • Sale-to-List Ratio:

    98.22%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Sequim Housing Supply

Sequim's real estate inventory favors sellers with tightening availability. With only 43 homes available in March 2026, what stands out is the supply constraint. Inventory increased 0.95% year-over-year, months of supply sits at just 2.4 (up slightly slightly from 3.3 last year), and 29 new homes came to market this month (up 0.32% year-over-year). This limited inventory strengthens sellers' negotiating position and creates urgency for buyers. For sellers ready to take advantage of these conditions, now is an ideal time to list your home on MLS in Washington and maximize your return.

# of Homes for Sale

# of Newly Listed Homes

Months of Supply

# of Homes for Sale

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Sequim Housing Demand

Sequim's housing demand demonstrates strong seller control. With the sale-to-list price ratio at 98.22% in March 2026, the defining metric is premium pricing power. A remarkable 0% of homes sold above asking price (down from 26.67% last year), the sale-to-list ratio held steady 0.14% year-over-year, and houses in Sequim with price reductions increased from 42% to 39.53%. These numbers confirm sellers command the market and can expect competitive offers above their listing prices.

Homes Sold Above List Price

Homes with Price Drops

Sale-to-List Ratio

Homes Sold Above List Price

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Frequently Asked Questions

How have Sequim house prices changed over the past year?

What are Sequim real estate market predictions for 2026?

What's the average home price in Sequim?

What is a good time to buy a home in Sequim?

When will the Sequim housing market crash?

How to buy a home in Sequim?

How can I list my home for sale in Sequim, WA?

What is the average mortgage rate for buyers in Sequim?

What is a good time to sell a house in Sequim?

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
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