2 hours on Rocket
$9,441 Closing Credit¹
#2397917, Elizabeth A. Miller, Listing office: Windermere RE Skagit Valley
Lake Cavanaugh Housing Market Report May 2025•Skagit County, Washington
Housing Prices in Lake Cavanaugh, WA
How much do homes in Lake Cavanaugh, WA cost?
Housing Market Conditions
Is Lake Cavanaugh, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake Cavanaugh is a Buyer's Market
Difference Since May 2024
At the same time last year, Lake Cavanaugh was a Neutral Market.
Insight
Lake Cavanaugh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$776,000$382/SqFt
+$1,000
0.1%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in Lake Cavanaugh has remained the same since last year.
Summary: The median home sold price in Lake Cavanaugh was $776,000 in May 2025, up 0.1% from last year, and the median price per square foot was $382.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| East Skagit | $360K | $387.5K | +7.6% |
| Lyman-Hamilton | $596.7K | $626.5K | +5.0% |
| Lake Cavanaugh | $775K | $776K | 0.1% |
| Clear Lake | $610K | $602K | -1.3% |
| Conway | $994.9K | $779K | -21.7% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $775K | $457.5K | -41.0% |
| 22 Bedrooms | $817.4K | $750K | -8.3% |
| 33 Bedrooms | $645K | $799.5K | +24.0% |
| 44 Bedrooms | $874.9K | $893K | +2.1% |
| 55+ Bedrooms | $850K | - | N/A |
Summary: Lake Cavanaugh housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -41.0%. The home price for 2 bedroom homes decreased by -8.3%. The home price for 3 bedroom homes increased by +24.0%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes did not change.
How does Lake Cavanaugh, WA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lake Cavanaugh, WA
Housing supply in Lake Cavanaugh, WA
How many homes are available in Lake Cavanaugh, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthMay 2025 | ||
| 132 months agoApr 2025 | +92.3 % Change MoMApr – May |
Summary: The Lake Cavanaugh real estate market had 25 homes for sale in May 2025, a 92.3 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthMay 2025 | ||
| 22 months agoApr 2025 | 0.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 7 | 18 | +157.1% |
| 44 Bedrooms | 1 | 2 | +100.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Lake Cavanaugh housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +157.1%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Lake Cavanaugh, WA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Lake Cavanaugh, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Lake Cavanaugh in May 2025, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Lake Cavanaugh, WA
How long does it take to sell a home in Lake Cavanaugh, WA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Lake Cavanaugh are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 2 homes were sold in Lake Cavanaugh; 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.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 11 DaysThis YearMay 2025 | ||
| 143 Days1 year agoMay 2024 | -92.3 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Lake Cavanaugh had an average listing age of 11 days in May 2025, down by 92.3% compared to the previous year.
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Newest Listings in Lake Cavanaugh, WA
What homes are available in Lake Cavanaugh, WA?
7 days on Rocket
$10,000 Closing Credit¹
#2385591, DiAnn Sager, Listing office: RE/MAX Gateway
Tour
$8,301 Closing Credit¹
#2392510, Neda Perrina, Listing office: Realogics Sothebys Intl Rlty
$10,000 Closing Credit¹
#2391975, Greta Geivett, Listing office: Lake Cavanaugh Realty Inc.
$10,000 Closing Credit¹
#2389959, Theresa Brown, Listing office: John L. Scott Skagit
#2390475, Eric A. Green, Listing office: John L. Scott Bellingham
$10,000 Closing Credit¹
#2390470, Eric A. Green, Listing office: John L. Scott Bellingham
$3,859 Closing Credit¹
#2386789, Ryan Gardner, Listing office: KW Everett
$10,000 Closing Credit¹
#2381751, Mitch Lomax, Listing office: John L. Scott, Inc.
$7,539 Closing Credit¹
#2378558, Nicole Kittrell, Listing office: Keller Williams Western Realty
#2375031, Betsy M.E. Foster, Listing office: Hallmark Homes NW, LLC
Backup offersTour
$10,000 Closing Credit¹
#2374526, Seth Pike, Listing office: Pike Real Estate
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service, for the period 06/01/2023 - 06/01/2025
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved. DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 11:32:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.