Is 98333, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 98333 is a seller's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 98333 was a Buyer's Market.

Key Takeaway

98333 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 98333, WA cost?

Median Sold Price

$985,500

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$10,500(+1.1%)

Key Takeaway

Homes in 98333 have sold for 1.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $837.5K$1.1M
+36.7%
2 $525K$529K
+0.8%
3 $902.5K$940K
+4.2%
4 $1.1M$1.1M
+7.0%
5+ $1.4M$1.2M
-18.3%

Median Sold Price Compared To Nearby Zip Codes

98466
+4.3%
98333
+1.1%
98335
+1.0%

How many homes are available in 98333, WA?

Number of Homes For Sale

Jan 2023Feb 2023%
1214+16.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 21
-50.0%
3 58
+60.0%
4 33
0.0%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 98333, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
1 Day136 Days+13500.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 98333 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 98333, WA

98333, WA has 14 homes on the market. In February 2023 in 98333, WA there were 16.7% more homes for sale than in January 2023. While the average time on the market in February 2023 was 136 days, the median list price was $985,500. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties became 36.7% more expensive, 2 bedrooms properties became 0.8% more expensive, prices of 3 bedrooms properties went up by 4.2%, prices of 4 bedrooms properties increased by 7%, prices of 5 bedrooms properties went down by 18.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 50%, 3 bedrooms homes became 60% more available, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. Over 0 listings were sold over their listed price in February 2023 in 98333, WA. In the same period over 1 listings were sold below the listed price and 3 listings were sold for the listed price.