Is 98057, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 98057 has remained a Seller's Market.
Housing Prices in 98057, WA
How much do homes in 98057, WA cost?
Median Sold Price
$390,000
$536/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in 98057 was $390,000 in February 2024, down 10% from last month, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $246K | - | N/A |
2 Bedrooms | $403K | $390K | -3.2% |
3 Bedrooms | $625.3K | $389K | -37.8% |
4 Bedrooms | - | $1.3M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 98057 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 37.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 98057, WA
How many homes are available in 98057, WA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The 98057 real estate market had 11 homes for sale in February 2024, a 15.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98057 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 98057 in February 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 98057, WA
How long does it take to sell a home in 98057, WA?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 Days | 64 Days | -12.4% |
Summary: Homes in 98057 had an average of 64 days on market in Feb 2024, down by 12.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 98057; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.