Is Chehalis, WA 98532 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chehalis is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #191 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 supply4.6Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$286▲ +3.5% vs. last year

The Chehalis housing market right now

In the three months ending August 31, 2026, 22% of homes in Chehalis, WA 98532 sold above their list price, the typical home went under contract in 29 days and there were 4.6 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 83 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold faster (39 days then) and the median sale price fell 3% to $479,782. Overall, Chehalis is about as competitive as it was a year ago.

Within Lewis County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Chehalis ranks #191 of 298 WA ZIP codes with enough sales (score 51 out of 100).

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.

Nearby markets

Centralia 98531Seller’s market $250 /sq ftCinebar 98533Buyer’s market $414 /sq ftCurtis 98538 — /sq ftEthel 98542Buyer’s market $348 /sq ft Browse all markets →

Where Chehalis is

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Questions about Chehalis real estate

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

A balanced market: there were 4.6 months of supply in Chehalis, WA 98532 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 Chehalis?

The typical home went under contract in 29 days in the latest three months.

Do homes in Chehalis sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Chehalis?

About 0.67% of a home’s value a year in Lewis County, or roughly $2,680 on a $400,000 home.

What is the median home price in Chehalis?

The median sale price was $479,782 in the three months ending August 31, 2026, about $286 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