Is 98236, 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, 98236 has remained a Seller's Market.
Housing Prices in 98236, WA
How much do homes in 98236, WA cost?
Median Sold Price
$768,557
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98236 was $768,557 in April 2024, up 13.4% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $615K | -5.4% |
2 Bedrooms | $662.5K | $684.2K | +3.3% |
3 Bedrooms | $682.5K | $779.2K | +14.2% |
4 Bedrooms | $860K | $805K | -6.4% |
5+ Bedrooms | - | - | N/A |
Summary: 98236 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
98236 | $677.5K | $768.5K | +13.4% |
98260 | $765K | $807.5K | +5.6% |
Housing Supply in 98236, WA
How many homes are available in 98236, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 38 | +31.0% |
Summary: The 98236 real estate market had 38 homes for sale in April 2024, a 31.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98236 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 98236 in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 98236, WA
How long does it take to sell a home in 98236, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 50 Days | +3.8% |
Summary: Homes in 98236 had an average of 50 days on market in Apr 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 98236; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.