Is Pe Ell, WA 98572 a buyer’s or seller’s market?
Pe Ell is a seller’s market. With about 3.2 months of supply and 0% 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.
The Pe Ell housing market right now
In the three months ending August 31, 2026, 0% of homes in Pe Ell, WA 98572 sold above their list price, the typical home went under contract in 61 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (55 days then) and the median sale price fell 20% to $251,454. Overall, Pe Ell is less competitive than a year ago, which gives buyers more room.
Within Lewis County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Winlock 98596 (25% sold over asking) and Packwood 98361 (22% sold over asking) are even more competitive.
Run the numbers for 98572
Nearby markets
Centralia 98531Seller’s market $250 /sq ftChehalis 98532Balanced $286 /sq ftCinebar 98533Buyer’s market $414 /sq ftCurtis 98538 — /sq ft Browse all markets →Where Pe Ell is
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Questions about Pe Ell real estate
Is Pe Ell a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Pe Ell, WA 98572 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 Pe Ell?
The typical home went under contract in 61 days in the latest three months.
Do homes in Pe Ell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.5% of the list price.
What are property taxes in Pe Ell?
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 Pe Ell?
The median sale price was $251,454 in the three months ending August 31, 2026, about $157 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