Is Vancouver, WA 98687 a buyer’s or seller’s market?

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

Vancouver is a seller’s market. With about 2.1 months of supply and 33% 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.

Months of supply2.1Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$280▲ +3.0% vs. last year

The Vancouver housing market right now

In the three months ending August 31, 2026, 33% of homes in Vancouver, WA 98687 sold above their list price, the typical home went under contract in 21 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 0%, homes sold more slowly (11 days then) and the median sale price fell 29% to $493,786. Overall, Vancouver is more competitive than a year ago, so tougher for buyers.

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Questions about Vancouver real estate

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

A seller’s market: there were 2.1 months of supply in Vancouver, WA 98687 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 Vancouver?

The typical home went under contract in 21 days in the latest three months.

Do homes in Vancouver sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What is the median home price in Vancouver?

The median sale price was $493,786 in the three months ending August 31, 2026, about $280 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