Is 98267, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 98267 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 98267 was a Buyer's Market.

Key Takeaway

98267 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 98267, WA

How much do homes in 98267, WA cost?

Median Sold Price

$620,500

$278/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$525,500(+553.2%)

Key Takeaway

Homes in 98267 have sold for 553.2% more than they did a month ago.

Summary: The median home sold price in 98267 was $620,500 in November 2024, up 553.2% from last month, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $95K-
N/A
2 --
N/A
3 -$620.5K
N/A
4 --
N/A
5+ --
N/A

Summary: 98267 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 98267, WA

How many homes are available in 98267, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10100.0%

Summary: The 98267 real estate market had 10 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 33
0.0%
3 22
0.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The 98267 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 98267, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 98267 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 98267, WA

How long does it take to sell a home in 98267, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
104 Days30 Days-70.7%

Summary: Homes in 98267 had an average of 30 days on market in Nov 2024, down by 70.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 98267 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 98267; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 98267, WA

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