Market Intelligence Report — WA-420

Pullman, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-08
As of the latest 2026 data
Very Weak

Median Listing

$387K
+1.8% YoY

Pending Ratio

0.12
-3.8% YoY

Active Inventory

155
+14.0% YoY

Median DOM

65 Days
+1.6% YoY

Primary Intelligence Tool — Sold Score™

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The Pullman, WA housing market currently exhibits very weak demand absorption, with a pending ratio of 0.12. This indicates a significant imbalance where available inventory substantially outpaces buyer activity.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Pullman market right now.

Active listings have seen a notable increase of 14.0% year-over-year, while new listings surged by 50.0% over the past year. Concurrently, the pending ratio declined by 3.8% year-over-year, reflecting weakening demand absorption relative to available supply. The median listing price declined by 4.3% month-over-month, despite a 1.8% year-over-year increase.

Historical Analysis

Market Trends

Median Price

$387K-4.3% MoM

Active Inventory

155+14.0% YoY

Days on Market

65+1.6% YoY

Sold Score™

17-3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

17
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.12 and robust inventory growth, current market dynamics place significant pressure on pricing discipline. The slow absorption rate, coupled with increasing active listings, suggests that properties may remain on the market longer, requiring greater price adjustments to attract buyer interest.

Luxury Segment

While the overall median listing price saw a monthly decline, the average listing price experienced a 5.2% increase year-over-year, outpacing the median listing price's 1.8% year-over-year growth. This divergence, coupled with a higher average price compared to the median ($450,230 vs $387,000), suggests a potential concentration of new inventory or price adjustments occurring at the higher end of the market spectrum.

Supply Dynamics

155 active listings represent the current floor, with new supply arriving at roughly 48 per month.

Pricing Pressure
27.5%

of active listings carry a price reduction, +7.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.12

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Pullman, WA? Inventory is up 14% from last year.

Buyers have leverage in Pullman, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
12%
Median Days on Market
65 days
Inventory YoY
+14%

In a buyer's market, strategy beats timing. See how your home scores in Pullman, WA and what moves the number.

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Metro Demographics

Metro Area
Pullman, WA
CBSA Code
39420
State
WA

ZIPs in Pullman, WA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Pullman?+

    As of the latest 2026 data, the Pullman metro is classified as Very Weak. Pending ratio is 0.12 with median days on market at 65.

  • Are home prices dropping in Pullman?+

    Median listing price is $387K, +1.8% year over year. 27.5% of active listings carry a price reduction.

  • How fast are homes selling in Pullman?+

    The typical listing sits 65 days on market, a +1.6% change YoY. New listings are arriving at 48 per month.

  • What's happening in the Pullman luxury market?+

    While the overall median listing price saw a monthly decline, the average listing price experienced a 5.2% increase year-over-year, outpacing the median listing price's 1.8% year-over-year growth. This divergence, coupled with a higher average price compared to the median ($450,230 vs $387,000), suggests a potential concentration of new inventory or price adjustments occurring at the higher end of the market spectrum.

  • Where can I find a trusted Pullman real estate expert?+

    Primpted maintains a vetted registry of Pullman agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 39420 · 36mo history