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Featured local agent — Hoquiam, WA
Sarah Mitchell
Compass Real Estate · Hoquiam, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hoquiam, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$274,000median sale price
How is the Hoquiam, WA housing market right now?
The median home sale price in Hoquiam, WA is $274,000, down 4.7% year-over-year. Homes sell in an average of 61 days with 49 active listings. The market is currently a buyer'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 Hoquiam a buyer's or seller's market?
Hoquiam, WA is currently a buyer's market, based on 5.4 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
61
Average pace
Active listings
49
5.4 months supply
Sale-to-list
98.3%
Below asking
What does the Hoquiam housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $274,000 |
| Median list price | $279,900 |
| Year-over-year price change | -4.7% |
| Average days on market | 61 days |
| Active inventory | 49 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 17 |
| Listings with a price cut | 42.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hoquiam by property type?
How the Hoquiam, 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 | $274,000 | $176/sq ft | 9 | 61 days |
| Townhouse | $340,370 | $242/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Hoquiam housing market is currently classified as a buyer's market with a median sale price of $274,000. Prices have fallen 4.7% compared to last year, with homes spending an average of 61 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Hoquiam
There are currently 49 homes listed for sale in Hoquiam, Washington. The median listing price is $280K.
Active listings
49
Homes on market
Median list price
$280K
Avg. days on market
61
Days until sale
New this week
17
Newly listed
Who lives in Hoquiam?
Population
8,792
Median income
$51,754/yr
Median age
40.4 years
Owner-occupied
57.7%
College grads
18.7%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Hoquiam?
Zillow home value
$250,997
Zillow rent index
$1,492/mo
Price-to-rent ratio
14.0x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Hoquiam?
Hoquiam is a community of approximately 9K residents with a median age of 40.4 years.The median household income is $51,754, which represents a working-class community with solid middle-income opportunities. 18.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.7%, showing a blend of owner and renter-occupied properties. The average commute time is 20.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hoquiam offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hoquiam?
6 schools tracked · 1,588 students
The largest public schools serving Hoquiam, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hoquiam High School
Grades 9-12 · 435 students
Hoquiam Middle School
Grades 6-8 · 357 students
Emerson Elementary
Grades PK-1 · 258 students
Central Elementary School
Grades 2-5 · 228 students
Lincoln Elementary
Grades 2-5 · 224 students
Hoquiam Homelink School
Grades K-12 · 86 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hoquiam, WA?
Want a head-to-head view? Compare Hoquiam side-by-side with any other U.S. city using our market-comparison tool.
Is Hoquiam a good real estate investment market?
For investors evaluating Hoquiam, the price-to-rent ratio of 14.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 4.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hoquiam's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hoquiam's median home price.
Frequently asked questions
What is the average home price in Hoquiam?
The median home sale price in Hoquiam is $274,000, down 4.7% from last year.
How long do homes stay on market in Hoquiam?
Homes typically spend 61 days on market before going under contract.
What is the median income in Hoquiam?
The median household income is $51,754 per year.
Is Hoquiam a buyer's or seller's market?
With 5.4 months of supply, Hoquiam is currently a buyer's market.
What is the Zillow home value estimate for Hoquiam?
The Zillow Home Value Index (ZHVI) for Hoquiam is $250,997, representing the typical home value in the area.
How much does a single-family home cost in Hoquiam?
The median single-family home price in Hoquiam, WA is $274,000 (about $176 per square foot).
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