Is 98823, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing 98823 is a seller's market


Difference Since February 2022

Since last year, 98823 has remained a Seller's Market.

Key Takeaway

98823 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 98823, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in 98823 have sold for 17.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $90K-
2 $210K$218K
3 $275K$321.8K
4 $368K$360K
5+ $337.5K$460K

Median Sold Price Compared To Nearby Zip Codes


How many homes are available in 98823, WA?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 98
3 2123
4 109
5+ 22

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 98823, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
35 Days80 Days+129.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 98823 are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About 98823, WA

There are 42 homes are for sale in 98823, WA real estate market. In February 2023 median list price was $320,900 and the average listing age was 80 days. Listing prices have changed in this real estate market between January 2023 and February 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 3.8% more expensive, 3 bedrooms properties became 17% more expensive, prices of 4 bedrooms properties went down by 2.2%, the cost of 5 bedrooms properties went up by 36.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 11.1%, number of 3 bedrooms homes increased by 9.5%, the quantity of 4 bedrooms homes went down by 10%, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in February 2023 in 98823, WA. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price.