$10,000 Closing Credit*
$1,195,000
2,945 SqFt
3 Beds
•2 Full Baths, 1 Partial
Gerald Overbeck, Listing Office: Keller Williams Eastside
Is 98282, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 98282 was a Seller's Market.
Key Takeaway
98282 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 98282, WA
How much do homes in 98282, WA cost?
Median Sold Price
$686,666
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,000(+3.6%)
Key Takeaway
Homes in 98282 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 98282 was $686,666 in November 2024, up 3.6% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $464.7K | +16.2% |
| 2 Bedrooms | $645.5K | $650K | +0.7% |
| 3 Bedrooms | $669K | $749K | +12.0% |
| 4 Bedrooms | $861K | $1.0M | +26.0% |
| 5+ Bedrooms | $767K | - | N/A |
Summary: 98282 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 26%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 98292 | $640K | $689K | +7.7% |
| 98282 | $662.6K | $686.6K | +3.6% |
Housing Supply in 98282, WA
How many homes are available in 98282, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 127 | +2.4% |
Summary: The 98282 real estate market had 127 homes for sale in November 2024, a 2.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 61 | 65 | +6.6% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 98282 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 4.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 98282, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 98282 in November 2024, down by 24.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% were sold over asking.
Days on Market for 98282, WA
How long does it take to sell a home in 98282, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 47 Days | +41.0% |
Summary: Homes in 98282 had an average of 47 days on market in Nov 2024, up by 41% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 98282 has remained consistent over time.
Summary: During November 2024, 19 homes were sold in 98282; 42% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 5% 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.