The Vancouver housing market is very competitive. Homes in Vancouver receive 3 offers on average and sell in around 9 days. The median sale price of a home in Vancouver was $499K last month, up 4.5% since last year. The median sale price per square foot in Vancouver is $317, up 4.6% since last year.
What is the housing market like in Vancouver today?
In May 2024, Vancouver home prices were up 4.5% compared to last year, selling for a median price of $499K. On average, homes in Vancouver sell after 9 days on the market compared to 5 days last year. There were 177 homes sold in May this year, up from 174 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,000
+4.5% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Vancouver, WA
$499,000
+4.5%
United States
To compare other locations to the Vancouver and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Vancouver's median sale price is 15% higher than the national average. Overall cost of living in Vancouver is 4% higher than the national average. Learn which home features in Vancouver add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Vancouver housing market?
Vancouver is very competitive. Homes sell in 8 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Vancouver
Explore recent offers and recently sold homes in Vancouver
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$500K Offer
Sold for $500K
3bd | 2ba | ~1,500sqft
Under List Price
2%
Days on Market
8
Competing Offers
1
Down Payment
~30%
Denise Nass
Vancouver Redfin Agent
Buyer raised his offer to full price because they came back for highest and best.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Vancouver housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Vancouver.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Vancouver has a moderate risk of flooding. 2,463 properties in Vancouver are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Vancouver. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Vancouver has a moderate risk of wildfire. There are 14,325 properties in Vancouver that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Vancouver.