$5,486 Closing Credit*
$461,995
1,623 SqFt
3 Beds
•2 Full Baths, 1 Partial
Todd Bickel, Listing Office: DR Horton
Is 98311, 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, 98311 has remained a Seller's Market.
Key Takeaway
98311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98311, WA
How much do homes in 98311, WA cost?
Median Sold Price
$496,444
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,444(+8.6%)
Key Takeaway
Homes in 98311 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 98311 was $496,444 in November 2024, up 8.6% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $537.5K | $315.5K | -41.3% |
| 2 Bedrooms | $385K | $392K | +1.8% |
| 3 Bedrooms | $450.2K | $475K | +5.5% |
| 4 Bedrooms | $485K | $552.5K | +13.9% |
| 5+ Bedrooms | $509K | $628.3K | +23.5% |
Summary: 98311 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 23.5%.
Housing Supply in 98311, WA
How many homes are available in 98311, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 105 | -15.3% |
Summary: The 98311 real estate market had 105 homes for sale in November 2024, a 15.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 82 | 67 | -18.3% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 98311 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 increased by 57.1%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98311, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in 98311 in November 2024, up by 2.9% month-over-month. Of the 35 sold homes, 31% were sold under asking, 40% were sold at asking, and 29% were sold over asking.
Days on Market for 98311, WA
How long does it take to sell a home in 98311, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 35 Days | +23.5% |
Summary: Homes in 98311 had an average of 35 days on market in Nov 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98311 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 98311; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.