Is Tahoma Meadow, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tahoma Meadow is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Tahoma Meadow, WA

How much do homes in Tahoma Meadow, WA cost?

Median Sold Price

$435,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.2%)

Key Takeaway

Homes in Tahoma Meadow have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Tahoma Meadow was $435,000 in April 2024, up 1.2% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $430K$434K
+0.9%
4 $425K$450K
+5.9%
5+ $555K$575K
+3.6%

Summary: Tahoma Meadow 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 did not change, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Neighborhoods

Tahoma Terra
+6.4%
Tahoma Meadow
+1.2%

Housing Supply in Tahoma Meadow, WA

How many homes are available in Tahoma Meadow, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Tahoma Meadow real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Tahoma Meadow 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 Tahoma Meadow, 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 Tahoma Meadow in April 2024, the same as the previous 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 Tahoma Meadow, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days8 Days-77.8%

Summary: Homes in Tahoma Meadow had an average of 8 days on market in Apr 2024, down by 77.8% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Tahoma Meadow; 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 7 Days Ago

Newest Listings in Tahoma Meadow, WA

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