$8,906 Closing Credit*
$750,000
900 SqFt
1 Bed
•2 Baths
Sandy Navidi, Listing Office: TEC Real Estate Inc.
Is 98045, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 98045 has remained a Seller's Market.
Key Takeaway
98045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98045, WA
How much do homes in 98045, WA cost?
Median Sold Price
$870,000
$494/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$127,500(-12.8%)
Key Takeaway
Homes in 98045 have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in 98045 was $870,000 in October 2024, down 12.8% from last year, and the median price per square foot was $494.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $528K | $423.8K | -19.7% |
| 2 Bedrooms | $535K | $600K | +12.1% |
| 3 Bedrooms | $849.9K | $805K | -5.3% |
| 4 Bedrooms | $1.2M | $1.3M | +6.4% |
| 5+ Bedrooms | $1.3M | $1.4M | +5.6% |
Summary: 98045 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Zip Codes
| 98065 | $1.0M | $1.1M | +10.5% |
| 98045 | $997.5K | $870K | -12.8% |
Housing Supply in 98045, WA
How many homes are available in 98045, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 65 | 0.0% |
Summary: The 98045 real estate market had 65 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The 98045 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98045, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 98045 in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% were sold over asking.
Days on Market for 98045, WA
How long does it take to sell a home in 98045, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 22 Days | -62.2% |
Summary: Homes in 98045 had an average of 22 days on market in Oct 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 98045 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 98045; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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. 
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.