Is 98356, 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, 98356 has remained a Seller's Market.
Housing Prices in 98356, WA
How much do homes in 98356, WA cost?
Median Sold Price
$352,500
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98356 was $352,500 in April 2024, up 14.6% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $268K | $344.9K | +28.7% |
2 Bedrooms | $279K | $294K | +5.4% |
3 Bedrooms | $310K | $405K | +30.6% |
4 Bedrooms | $380K | $379K | -0.3% |
5+ Bedrooms | - | $737K | N/A |
Summary: 98356 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 30.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
98356 | $307.5K | $352.5K | +14.6% |
98564 | $470K | $390K | -17.0% |
Housing Supply in 98356, WA
How many homes are available in 98356, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The 98356 real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98356 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 98356 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 98356, WA
How long does it take to sell a home in 98356, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 91 Days | +25.7% |
Summary: Homes in 98356 had an average of 91 days on market in Apr 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 98356; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.