Is 98321, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 98321 was a Neutral Market.
Housing Prices in 98321, WA
How much do homes in 98321, WA cost?
Median Sold Price
$611,832
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98321 was $611,832 in April 2024, up 4.8% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $675K | +3.8% |
2 Bedrooms | $415K | $465K | +12.0% |
3 Bedrooms | $540K | $544.9K | +0.9% |
4 Bedrooms | $670K | $699K | +4.3% |
5+ Bedrooms | $901.9K | $820.8K | -9.0% |
Summary: 98321 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 98321, WA
How many homes are available in 98321, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 73 | +15.9% |
Summary: The 98321 real estate market had 73 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 25 | 30 | +20.0% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 98321 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 98321 in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 6% were sold under asking, 44% were sold at asking, and 50% were sold over asking.
Days on Market for 98321, WA
How long does it take to sell a home in 98321, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 30 Days | -44.4% |
Summary: Homes in 98321 had an average of 30 days on market in Apr 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 98321; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.