Pullman Real Estate Market Update: What Buyers and Sellers Need to Know – May 2025

May 20, 2025
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🏡 Pullman Real Estate Q&A: May 2025 Market Snapshot

Stay informed with the latest updates on Pullman’s real estate market. Whether you’re a buyer, seller, or investor, here’s what you need to know this month.

1. 📉 How Is the Pullman Housing Market Performing?

As of April 2025, the Pullman housing market is showing signs of cooling.

  • Median Sale Price: ~$423,000

  • Year-over-Year Change: ▼ 10% decrease

  • Average Days on Market: 35 days (down from 70 days in 2024)

Homes are selling faster despite the dip in prices, indicating motivated buyers and more competitive pricing.

2. 🏷️ Buyer’s or Seller’s Market?

Pullman currently favors buyers.

  • Increased inventory gives buyers more options

  • Falling prices create room for negotiation

  • However, some areas within ZIP code 99163 are experiencing price increases, signaling a mixed landscape depending on the neighborhood

3. 📍 What’s Happening in ZIP Code 99163?

The 99163 ZIP code, which covers most of Pullman, is showing different dynamics:

  • Home Price Increase: ▲ 2.2% year-over-year

  • Median Sale Price: $460,000

  • Average Days on Market: 38 days (down from 57 last year)

Despite Pullman’s overall cooling trend, this ZIP code remains highly active and competitive.

4. 📊 How Does Pullman Compare to the Rest of Washington?

Across Washington State, especially in cities like Seattle and Bellevue, housing prices continue to climb due to limited supply.

In contrast:

  • Pullman remains more affordable

  • Buyers have greater flexibility and less pressure

  • It's an ideal market for first-time homebuyers or investors seeking long-term value

5. 🧠 Tips for Buyers & Sellers in the Current Market

🛒 Buyers

  • ✅ Take advantage of the higher inventory and flexible pricing

  • ⚠️ Act fast in neighborhoods where homes are selling quickly

🏠 Sellers

  • 💵 Price your home competitively to stand out

  • 🌟 Highlight upgrades and unique features to attract attention

Thinking of buying or selling in Pullman?

Stay updated with local market insights or get in touch for personalized advice.

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