Is 98855, 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, 98855 has remained a Buyer's Market.
Housing Prices in 98855, WA
How much do homes in 98855, WA cost?
Median Sold Price
$308,850
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98855 was $308,850 in April 2024, up 0.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $230K | -24.6% |
2 Bedrooms | $184.2K | $321.5K | +74.5% |
3 Bedrooms | $321.1K | $303.8K | -5.4% |
4 Bedrooms | $510K | $340K | -33.3% |
5+ Bedrooms | $430K | $735K | +70.9% |
Summary: 98855 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.6%, 2 bedroom homes increased by 74.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 70.9%.
Housing Supply in 98855, WA
How many homes are available in 98855, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 35 | +84.2% |
Summary: The 98855 real estate market had 35 homes for sale in April 2024, a 84.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 7 | 15 | +114.3% |
3 Bedrooms | 4 | 11 | +175.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98855 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 increased by 114.3%, 3 bedroom homes increased by 175%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 98855 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 98855, WA
How long does it take to sell a home in 98855, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 143 Days | +108.0% |
Summary: Homes in 98855 had an average of 143 days on market in Apr 2024, up by 108% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 98855; 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.