Is 98826, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 98826 was a Neutral Market.
Key Takeaway
98826 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 98826, WA
How much do homes in 98826, WA cost?
Median Sold Price
$640,000
$461/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 98826 have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in 98826 was $640,000 in April 2024, down 10.8% from last year, and the median price per square foot was $461.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $358.2K | -10.4% |
| 2 Bedrooms | $600K | $545K | -9.2% |
| 3 Bedrooms | $850K | $745K | -12.4% |
| 4 Bedrooms | $1.3M | $983.6K | -27.4% |
| 5+ Bedrooms | $853K | $1.5M | +78.8% |
Summary: 98826 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes increased by 78.8%.
Median Sold Price Compared To Nearby Zip Codes
| 98815 | $526.5K | $534.7K | +1.6% |
| 98826 | $717.5K | $640K | -10.8% |
Housing Supply in 98826, WA
How many homes are available in 98826, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 | 78 | +41.8% |
Summary: The 98826 real estate market had 78 homes for sale in April 2024, a 41.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 20 | 30 | +50.0% |
| 4 Bedrooms | 10 | 18 | +80.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 98826 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98826, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 98826 in April 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 98826, WA
How long does it take to sell a home in 98826, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 107 Days | 75 Days | -29.2% |
Summary: Homes in 98826 had an average of 75 days on market in Apr 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98826 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 98826; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.