Is 98339, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 98339 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 98339 was a Neutral Market.

Key Takeaway

98339 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 98339, WA

How much do homes in 98339, WA cost?

Median Sold Price

$409,500

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$500(-0.1%)

Key Takeaway

The sold price of homes in 98339 has remained the same since last year.

Summary: The median home sold price in 98339 was $409,500 in October 2024, down 0.1% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$305K
N/A
2 $410K$390K
-4.9%
3 $403.5K$409.5K
+1.5%
4 $422.5K$733.7K
+73.7%
5+ -$600K
N/A

Summary: 98339 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 73.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

98368
0.2%
98339
-0.1%

Housing Supply in 98339, WA

How many homes are available in 98339, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The 98339 real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 710
+42.9%
4 11
0.0%
5+ 00
0.0%

Summary: The 98339 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 98339, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 98339 in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 98339, WA

How long does it take to sell a home in 98339, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days109 Days+1461.9%

Summary: Homes in 98339 had an average of 109 days on market in Oct 2024, up by 1461.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 98339 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 98339; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 98339, WA

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