Lake Cavanaugh Housing Market Report May 2025•Skagit County, Washington

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$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

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
East Skagit
+7.6%
Lyman-Hamilton
+5.0%
Lake Cavanaugh
0.1%
Clear Lake
-1.3%
Conway
-21.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$775K$457.5K
-41.0%
2$817.4K$750K
-8.3%
3$645K$799.5K
+24.0%
4$874.9K$893K
+2.1%
5$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

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange 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

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
22 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
101
+100.0%
243
-25.0%
3718
+157.1%
412
+100.0%
511
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?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

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

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange 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?

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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

IDX 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.

IDX 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: 6/5/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.