Is Sequim, WA 98382 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sequim is a seller’s market. With about 3.6 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score42/ 100

More competitive than 41% of U.S. ZIP codes, and #241 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.6Under 4 months = seller’s market
Sold above original list11.6%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$308▼ −5.8% vs. last year

The Sequim housing market right now

In the three months ending August 31, 2026, 12% of homes in Sequim, WA 98382 sold above their list price, the typical home went under contract in 32 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 178 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold more slowly (28 days then) and the median sale price fell 10% to $534,769. Overall, Sequim is less competitive than a year ago, which gives buyers more room.

On our competition score, Sequim ranks #241 of 298 WA ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Beaver 98305 (0% sold over asking), while Port Angeles 98363 (19% sold over asking) and Port Angeles 98362 (16% sold over asking) are even more competitive.

Nearby markets

Beaver 98305Seller’s market $478 /sq ftClallam Bay 98326 — /sq ftPort Angeles 98362Seller’s market $298 /sq ftPort Angeles 98363Seller’s market $331 /sq ft Browse all markets →

Where Sequim is

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Questions about Sequim real estate

Is Sequim a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in Sequim, WA 98382 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sequim?

The typical home went under contract in 32 days in the latest three months.

Do homes in Sequim sell over asking?

12% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Sequim?

About 0.72% of a home’s value a year in Clallam County, or roughly $2,880 on a $400,000 home.

What is the median home price in Sequim?

The median sale price was $534,769 in the three months ending August 31, 2026, about $308 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology