Is Packwood, WA 98361 a buyer’s or seller’s market?

The Packwood housing market right now

In the three months ending August 31, 2026, 22% of homes in Packwood, WA 98361 sold above their list price, the typical home went under contract in 22 days and there were 11 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold about as fast and the median sale price rose 13% to $649,718. Overall, Packwood is more competitive than a year ago, so tougher for buyers.

Within Lewis County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Silver Creek 98585 (0% sold over asking) or Salkum 98582 (0% sold over asking), while Winlock 98596 (25% sold over asking) is even more competitive.