Is 99029, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99029 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 99029 has remained a Seller's Market.

Key Takeaway

99029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99029, WA

How much do homes in 99029, WA cost?

Median Sold Price

$460,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$105,500(+29.8%)

Key Takeaway

Homes in 99029 have sold for 29.8% more than they did a year ago.

Summary: The median home sold price in 99029 was $460,000 in April 2024, up 29.8% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $200K-
N/A
2 $295K$440K
+49.2%
3 $379.5K$430K
+13.3%
4 $365K$570K
+56.2%
5+ --
N/A

Summary: 99029 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 56.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

99029
+29.8%
99026
+3.0%
99022
-2.4%
99224
-7.0%

Housing Supply in 99029, WA

How many homes are available in 99029, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12+100.0%

Summary: The 99029 real estate market had 2 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 99029 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99029, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 99029 in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 99029, WA

How long does it take to sell a home in 99029, WA?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99029 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 99029; 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.

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

Report Updated 4 Days Ago

Newest Listings in 99029, WA

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