Is 98584, 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, 98584 has remained a Seller's Market.
Housing Prices in 98584, WA
How much do homes in 98584, WA cost?
Median Sold Price
$385,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98584 was $385,000 in April 2024, up 2.7% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232.5K | $277.5K | +19.4% |
2 Bedrooms | $325K | $335K | +3.1% |
3 Bedrooms | $385K | $384.5K | -0.1% |
4 Bedrooms | $450K | $498.4K | +10.8% |
5+ Bedrooms | $450K | $442K | -1.8% |
Summary: 98584 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 98584, WA
How many homes are available in 98584, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 194 | +19.0% |
Summary: The 98584 real estate market had 194 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 50 | 58 | +16.0% |
3 Bedrooms | 89 | 104 | +16.9% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 98584 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 37 | -5.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in 98584 in April 2024, down by 5.1% month-over-month. Of the 37 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.
Days on Market for 98584, WA
How long does it take to sell a home in 98584, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 43 Days | -16.2% |
Summary: Homes in 98584 had an average of 43 days on market in Apr 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in 98584; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.