Is 98592, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 98592 was a Seller's Market.
Housing Prices in 98592, WA
How much do homes in 98592, WA cost?
Median Sold Price
$488,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 98592 was $488,500 in March 2024, up 1.8% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $700K | +185.7% |
2 Bedrooms | $497.4K | $435K | -12.6% |
3 Bedrooms | $456K | $547.4K | +20.1% |
4 Bedrooms | $562.5K | $445K | -20.9% |
5+ Bedrooms | $900K | - | N/A |
Summary: 98592 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 185.7%, 2 bedroom homes decreased by 12.6%, 3 bedroom homes increased by 20.1%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Housing Supply in 98592, WA
How many homes are available in 98592, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The 98592 real estate market had 20 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98592 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 98592 in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 98592, WA
How long does it take to sell a home in 98592, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
164 Days | 27 Days | -83.5% |
Summary: Homes in 98592 had an average of 27 days on market in Mar 2024, down by 83.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in 98592; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.