Pullman Real Estate Market Update – September 16, 2025

The Pullman housing market continues to show steady resilience as we move into the fall season. With a median sale price of $470,014, home values in Pullman, WA have seen a +2.2% increase over the past year, signaling gradual but consistent growth in the market.

Key Market Highlights (September 16, 2025)

• Median Sale Price: $470,014

• 1-Year Sold Price Change: +2.2%

• Homes for Sale: 66

• New Listings this Month: 5

• Median Sale-to-List Ratio: 98%

• Median List Price: $542,000

• % of Sales Over List Price: 12.9%

• % of Sales Under List Price: 57.6%

• Median Days to Pending: 16 days

Homes are still moving quickly, with most properties going pending in just over two weeks. While the majority of sales are closing slightly under asking price, competitive listings are still attracting multiple offers and selling above list.

Comparing 2024 vs 2025 – SOLDs and Pendings

The graph above shows how sold homes and pending contracts in Pullman compare year over year. A few key takeaways:

• Pending sales in 2025 (red line) started strong early in the year but have tapered off slightly into September.

• Closed sales in 2025 (green line) have outpaced 2024 levels (blue line) during peak spring and summer months, showing a strong demand cycle.

• The 2024 pending trend (orange line) was more consistent throughout the year, while 2025 has seen sharper rises and falls.

This suggests that while buyers are still active, the market in 2025 is moving in more defined waves compared to last year’s steadier pace.

What This Means for Buyers and Sellers

For sellers, pricing right is more important than ever. With nearly 58% of sales closing under list price, homes that are overpriced are sitting longer and eventually selling for less. Homes that are strategically priced, however, are often seeing quick offers above asking.

For buyers, inventory remains somewhat tight with only 66 homes on the market. This means competition is still present, especially for well-maintained homes in desirable neighborhoods near WSU or Sunnyside Hill.

Looking Ahead

As we move further into fall, we can expect market activity to cool slightly in line with seasonal trends. However, with days on market remaining low and prices holding steady, Pullman real estate continues to offer a stable environment for both buyers and sellers.