Is 98021, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 98021 has remained a Seller's Market.
Key Takeaway
98021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98021, WA
How much do homes in 98021, WA cost?
Median Sold Price
$1,253,338
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 98021 have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in 98021 was $1,253,338 in April 2024, up 13.9% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349K | $375K | +7.4% |
| 2 Bedrooms | $542K | $474K | -12.5% |
| 3 Bedrooms | $800K | $835K | +4.4% |
| 4 Bedrooms | $1.1M | $1.2M | +9.9% |
| 5+ Bedrooms | $1.4M | $1.4M | +2.8% |
Summary: 98021 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 98021, WA
How many homes are available in 98021, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 83 | +5.1% |
Summary: The 98021 real estate market had 83 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 36 | 38 | +5.6% |
| 5+ Bedrooms | 14 | 9 | -35.7% |
Summary: The 98021 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 35.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 28 | -22.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98021, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 98021 in April 2024, down by 22.2% month-over-month. Of the 28 sold homes, 4% were sold under asking, 18% were sold at asking, and 79% were sold over asking.
Days on Market for 98021, WA
How long does it take to sell a home in 98021, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 4 Days | -85.9% |
Summary: Homes in 98021 had an average of 4 days on market in Apr 2024, down by 85.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98021 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in 98021; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.