$9,499 Closing Credit*
$799,950
2,008 SqFt
Kyle R. Mose, Listing Office: John L. Scott Lake Stevens
Is 98258, 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, 98258 has remained a Seller's Market.
Key Takeaway
98258 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98258, WA
How much do homes in 98258, WA cost?
Median Sold Price
$739,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,812(+2.2%)
Key Takeaway
Homes in 98258 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 98258 was $739,000 in October 2024, up 2.2% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $443.5K | $294.5K | -33.6% |
| 2 Bedrooms | $505K | $525K | +4.0% |
| 3 Bedrooms | $605K | $645K | +6.6% |
| 4 Bedrooms | $784.9K | $799.9K | +1.9% |
| 5+ Bedrooms | $864.9K | $909.9K | +5.2% |
Summary: 98258 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in 98258, WA
How many homes are available in 98258, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 201 | 193 | -4.0% |
Summary: The 98258 real estate market had 193 homes for sale in October 2024, a 4.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 71 | 74 | +4.2% |
| 4 Bedrooms | 84 | 82 | -2.4% |
| 5+ Bedrooms | 32 | 26 | -18.8% |
Summary: The 98258 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 50 | -9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98258, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 50 homes were sold or pending in 98258 in October 2024, down by 9.1% month-over-month. Of the 50 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 98258, WA
How long does it take to sell a home in 98258, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 35 Days | +42.5% |
Summary: Homes in 98258 had an average of 35 days on market in Oct 2024, up by 42.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98258 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 50 homes were sold in 98258; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% 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.