Browse listings and recent housing market trends.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Vancouver, WA Housing Market Trends
In May 2025, Vancouver’s housing market saw a slight cooling, with the median home price dipping 1.2% year-over-year to $493K. Homes are taking longer to sell, averaging 16 days on the market compared to just 9 days last year, suggesting a shift in buyer urgency or increased caution amid changing market conditions. While the pace has slowed, 16 days is still considered relatively fast, indicating that demand remains strong, particularly for well-priced, move-in-ready homes. Additionally, the number of closed sales declined slightly—168 homes sold this May versus 178 the year before—pointing to a modest reduction in activity that could be influenced by affordability concerns, interest rates, or seasonal factors. Overall, while the market isn’t moving at the same breakneck speed as last year, it remains competitive, especially for quality listings in desirable neighborhoods.
Vancouver remains a very competitive market, with homes typically selling in just 13 days and many attracting multiple offers—some even with waived contingencies to gain an edge. On average, properties sell for around the list price and go pending quickly, reflecting steady demand and limited inventory. The most desirable homes—those in prime locations or updated condition—can sell for about 2% above asking and go under contract in as little as 5 days. In this fast-moving environment, buyers need to act decisively, while sellers can expect strong interest when priced appropriately.
As of June 2025, Vancouver, WA is a seller’s market, meaning buyer demand exceeds the number of homes available for sale. This imbalance puts upward pressure on prices and creates favorable conditions for sellers, with many homes receiving multiple offers and selling quickly. Buyers should be prepared to act fast and submit strong offers, while sellers are well-positioned to take advantage of competitive market dynamics.
For detailed, up-to-date information on buying/selling a house in Vancouver, including legal considerations and market trends, you can talk to us.
Vancouver offers several family-friendly neighborhoods with excellent amenities. Fisher’s Landing East is known for its great schools, parks, and proximity to shopping and dining. Felida is another popular area, offering quiet streets, spacious homes, and community-oriented activities. Cascade Park is favored for its mix of affordability and convenience, with easy access to schools and recreational facilities. Families often prioritize these neighborhoods for their safety, green spaces, and accessibility.
Yes, Washington State offers several down payment assistance programs that can help first-time and eligible homebuyers in Vancouver. The Washington State Housing Finance Commission (WSHFC) provides the Home Advantage Program, which offers down payment assistance in the form of deferred loans. Additionally, local credit unions and banks may offer specific assistance programs tailored to the Vancouver area. Buyers should work with a qualified lender who is familiar with these programs to explore their eligibility and maximize financial benefits.
Property taxes in Vancouver, WA, are relatively moderate compared to neighboring states like Oregon. The property tax rate in Clark County, where Vancouver is located, typically averages around 1.1% of a home’s assessed value, but this can vary depending on the specific area or district. Buyers should also note that Washington does not impose a state income tax, which can offset property tax costs. Buyers can confirm exact tax rates with the Clark County Assessor’s Office before purchasing.
To attract buyers in Vancouver, sellers should focus on creating a warm, inviting atmosphere. Start with curb appeal: clean up landscaping, add a fresh coat of paint to the front door, and ensure exterior lighting works. Inside, declutter and depersonalize the space so buyers can envision themselves living there. Highlight key spaces like the kitchen and living room by ensuring they are clean, well-lit, and minimally decorated. Finally, consider adding touches that reflect the Pacific Northwest's charm, such as natural elements like plants or wood accents.
If your home is part of a homeowners association (HOA), you’ll need to provide certain documents to potential buyers, including the HOA's rules (CC&Rs), bylaws, and financial statements. Washington state law requires that sellers disclose any HOA fees and special assessments. Ensure your HOA account is in good standing to avoid delays. It’s also a good idea to work with a real estate agent familiar with HOA transactions to navigate this process smoothly.
While not all homes require renovations before selling, focusing on cost-effective updates can increase a home's appeal and value. For example, minor kitchen updates, fresh paint, and updated light fixtures often provide a good return on investment. In Vancouver, buyers often appreciate energy-efficient features due to the region's commitment to sustainability. Sellers should prioritize repairs for any major issues, such as plumbing or roofing, to avoid problems during the inspection phase. Consulting with a real estate agent can help determine which updates are worth making based on your home’s condition and the local market.
Whether you’re looking for your first home, upgrading to a larger space, or seeking the perfect neighborhood for your lifestyle, David is here to help. With extensive knowledge of Vancouver, WA, and a commitment to personalized service, he’ll guide you every step of the way. Don’t hesitate to reach out with any questions or to explore your property options—your next home could be just a call or message away!
From vibrant communities to hidden gems, our Vancouver, WA neighborhood guide has everything you need to find the perfect place to call home. Dive into detailed insights about schools, parks, amenities, and lifestyle options to see which area fits your needs. Start exploring now and uncover what makes Vancouver such a fantastic place to live!
With more than 25 years of corporate retail experience (sales, buying and district management), I strive to give every client the personal service and attention to detail that they deserve. I would love to work with you on your next real estate adventure. Contact me anytime.