Is Anacortes, WA 98221 a buyer’s or seller’s market?

The Anacortes housing market right now

In the three months ending August 31, 2026, 25% of homes in Anacortes, WA 98221 sold above their list price, the typical home went under contract in 24 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 105 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (15 days then) and the median sale price rose 4% to $769,807. Overall, Anacortes is less competitive than a year ago, which gives buyers more room.

Within Skagit County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Anacortes ranks #206 of 298 WA ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at La Conner 98257 (0% sold over asking) or Bow 98232 (14% sold over asking), while Clearlake 98235 (100% sold over asking) and Hamilton 98255 (100% sold over asking) are even more competitive.