The typical home value in
Belfair
is projected to be
$370,000
for the month of
August.
July’s
finalized data reported the typical value of a home in the
city
to be
$400,000—down
11.1%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$455,000
in
Mason County
for the most recent reporting period.
That number is expected to float around
$444,650
in
August.
Belfair
had
10
new listings and
2
listings that went under contract in
July,
increasing
the area’s total available inventory to
13—up
160.0%
from the previous month. Inventory is projected to have further
increased
in
August.
Of those
13
active listings,
30.77%
reduced their price in the month of
July.
The median listing price for homes in
Belfair
grew
22.2%
from
June
to
July,
bringing the current median listing price to
$494,930.
Based on projected data for
August,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
July 2025,
the median time for a listed property to go pending was
12
days, compared to
3
days in
July 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
August.