Is 98284, 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, 98284 has remained a Seller's Market.
Housing Prices in 98284, WA
How much do homes in 98284, WA cost?
Median Sold Price
$486,225
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98284 was $486,225 in April 2024, up 3.5% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $470.7K | +38.5% |
2 Bedrooms | $385K | $407.5K | +5.8% |
3 Bedrooms | $483.5K | $500K | +3.4% |
4 Bedrooms | $530K | $594.9K | +12.3% |
5+ Bedrooms | $509.5K | $652.5K | +28.1% |
Summary: 98284 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 28.1%.
Median Sold Price Compared To Nearby Zip Codes
98274 | $570K | $625K | +9.6% |
98284 | $470K | $486.2K | +3.5% |
Housing Supply in 98284, WA
How many homes are available in 98284, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 87 | +6.1% |
Summary: The 98284 real estate market had 87 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 48 | 49 | +2.1% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 98284 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 increased by 15.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 98284 in April 2024, up by 8.3% month-over-month. Of the 26 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% were sold over asking.
Days on Market for 98284, WA
How long does it take to sell a home in 98284, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 33 Days | -51.6% |
Summary: Homes in 98284 had an average of 33 days on market in Apr 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 98284; 81% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.