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Featured local agent — Esperance, WA
Sarah Mitchell
Compass Real Estate · Esperance, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Esperance, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$800,000median sale price
How is the Esperance, WA housing market right now?
The median home sale price in Esperance, WA is $800,000, up 33.3% year-over-year. Homes sell in an average of 17 days with 13 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Esperance a buyer's or seller's market?
Esperance, WA is currently a seller's market, based on 1.4 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
17
Fast-moving
Active listings
13
1.4 months supply
Sale-to-list
99.8%
Below asking
What does the Esperance housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $800,000 |
| Median list price | $750,000 |
| Year-over-year price change | +33.3% |
| Average days on market | 17 days |
| Active inventory | 13 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $477/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 5 |
| Listings with a price cut | 53.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Esperance by property type?
How the Esperance, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $852,500 | $463/sq ft | 6 | 8 days |
| Condo / Co-op | $417,500 | $495/sq ft | 2 | 36 days |
| Townhouse | $678,000 | $394/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The Esperance housing market is currently classified as a seller's market with a median sale price of $800,000. Prices have risen 33.3% compared to last year, with homes spending an average of 17 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Esperance
There are currently 13 homes listed for sale in Esperance, Washington. The median listing price is $750K.
Active listings
13
Homes on market
Median list price
$750K
Avg. days on market
17
Days until sale
New this week
5
Newly listed
Who lives in Esperance?
Population
3,988
Median income
$134,866/yr
Median age
35.8 years
Owner-occupied
73.1%
College grads
47.9%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Esperance?
Esperance is a community of approximately 4K residents with a median age of 35.8 years.The median household income is $134,866, which reflects a relatively affluent area with strong earning potential. 47.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Esperance offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Esperance, WA?
Want a head-to-head view? Compare Esperance side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Esperance?
The median home sale price in Esperance is $800,000, up 33.3% from last year.
How long do homes stay on market in Esperance?
Homes typically spend 17 days on market before going under contract.
What is the median income in Esperance?
The median household income is $134,866 per year.
Is Esperance a buyer's or seller's market?
With 1.4 months of supply, Esperance is currently a seller's market.
What is the median condo price in Esperance?
The median condo/co-op sale price in Esperance, WA is $417,500, compared to $852,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Esperance?
The median single-family home price in Esperance, WA is $852,500 (about $463 per square foot).
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