Ruston Housing Market Report December 2024•Pierce County, Washington

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Housing Prices in Ruston, WA

How much do homes in Ruston, WA cost?

Housing Market Conditions

Is Ruston, 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

Ruston is a Neutral Market

Difference Since November 2024

Last month, Ruston has remained a Neutral Market.

Insight

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

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.
$1,515,000$521/SqFt
+$40,000
+2.7%

Based on all homes sold in December 2024

Insight

Homes in Ruston have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Ruston was $1,515,000 in December 2024, up 2.7% from last month, and the median price per square foot was $521.

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2--
N/A
3--
N/A
4$1.4M$1.5M
+2.7%
5--
N/A

Summary: Ruston housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +2.7%. The home price for 5 bedroom homes did not change.

Housing supply in Ruston, WA

How many homes are available in Ruston, 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
7Last MonthDec 2024
62 months agoNov 2024
+16.7 %
Change MoMNov – Dec

Summary: The Ruston real estate market had 7 homes for sale in Dec 2024, a 16.7 % increase compared to Nov 2024.

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
1Last MonthDec 2024
12 months agoNov 2024
0.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
334
+33.3%
433
0.0%
500
0.0%

Summary: Ruston housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Ruston, 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 Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Ruston, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Ruston in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Ruston, WA

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During December 2024, 1 homes were sold in Ruston; 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.
Last Month1 month agoChange MoM
5 DaysLast MonthDec 2024
19 Days1 month agoNov 2024
-73.7 %
Change MoMNov – Dec

Summary: Homes in Ruston had an average listing age of 5 days in Dec 2024, down by 73.7% compared to the previous month.

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Newest Listings in Ruston, WA

What homes are available in Ruston, WA?

New listings aren’t available for Ruston, WA

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