$8,906 Closing Credit*
$749,999
1,932 SqFt
5 Beds
•3 Full Baths
John Doan, Listing Office: HomeSmart Real Estate Assoc
Is 98270, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 98270 has remained a Seller's Market.
Key Takeaway
98270 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98270, WA
How much do homes in 98270, WA cost?
Median Sold Price
$652,431
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,526(+4.4%)
Key Takeaway
Homes in 98270 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 98270 was $652,431 in November 2024, up 4.4% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $394.8K | +2.6% |
| 2 Bedrooms | $445K | $420K | -5.6% |
| 3 Bedrooms | $563.7K | $600K | +6.4% |
| 4 Bedrooms | $645K | $705K | +9.3% |
| 5+ Bedrooms | $709.9K | $837.6K | +18.0% |
Summary: 98270 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 18%.
Housing Supply in 98270, WA
How many homes are available in 98270, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 280 | 232 | -17.1% |
Summary: The 98270 real estate market had 232 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 27 | 18 | -33.3% |
| 3 Bedrooms | 126 | 107 | -15.1% |
| 4 Bedrooms | 88 | 75 | -14.8% |
| 5+ Bedrooms | 38 | 31 | -18.4% |
Summary: The 98270 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 18.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 72 | -27.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98270, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in 98270 in November 2024, down by 27.3% month-over-month. Of the 72 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for 98270, WA
How long does it take to sell a home in 98270, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 31 Days | +92.6% |
Summary: Homes in 98270 had an average of 31 days on market in Nov 2024, up by 92.6% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98270 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 72 homes were sold in 98270; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% 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.