$6,175 Closing Credit*
$520,000
1,402 SqFt
3 Beds
•2 Full Baths
Wendy Wentz, Listing Office: Gateway Real Estate
Is 98304, 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, 98304 has remained a Seller's Market.
Key Takeaway
98304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98304, WA
How much do homes in 98304, WA cost?
Median Sold Price
$522,500
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+4.5%)
Key Takeaway
Homes in 98304 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 98304 was $522,500 in November 2024, up 4.5% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $382.5K | $245K | -35.9% |
| 2 Bedrooms | $500K | $525K | +5.0% |
| 3 Bedrooms | $550K | $567.5K | +3.2% |
| 4 Bedrooms | $460K | $863K | +87.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 98304 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.9%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 87.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 98304 | $500K | $522.5K | +4.5% |
| 98328 | $530.5K | $546.5K | +3.0% |
Housing Supply in 98304, WA
How many homes are available in 98304, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The 98304 real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 98304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 98304, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 98304 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for 98304, WA
How long does it take to sell a home in 98304, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 38 Days | +103.5% |
Summary: Homes in 98304 had an average of 38 days on market in Nov 2024, up by 103.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 98304 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 98304; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.