Is 98359, 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, 98359 has remained a Seller's Market.
Housing Prices in 98359, WA
How much do homes in 98359, WA cost?
Median Sold Price
$660,000
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98359 was $660,000 in April 2024, up 7.4% 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 | $800K | - | N/A |
2 Bedrooms | $425K | $519.5K | +22.2% |
3 Bedrooms | $570K | $640K | +12.3% |
4 Bedrooms | $957K | $1.1M | +17.0% |
5+ Bedrooms | $725K | $799K | +10.2% |
Summary: 98359 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Zip Codes
98359 | $614.5K | $660K | +7.4% |
98367 | $546.4K | $556.3K | +1.8% |
Housing Supply in 98359, WA
How many homes are available in 98359, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Summary: The 98359 real estate market had 14 homes for sale in April 2024, a 17.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 98359 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 98359 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 98359, WA
How long does it take to sell a home in 98359, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 19 Days | +533.3% |
Summary: Homes in 98359 had an average of 19 days on market in Apr 2024, up by 533.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 98359; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.