$5,106 Closing Credit*
$429,950
1,062 SqFt
3 Beds
•1 Full Bath
Derek Johnson, Listing Office: Keller Williams Rty Tacoma
Is 98367, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 98367 has remained a Seller's Market.
Key Takeaway
98367 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98367, WA
How much do homes in 98367, WA cost?
Median Sold Price
$574,999
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+4.5%)
Key Takeaway
Homes in 98367 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 98367 was $574,999 in October 2024, up 4.5% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399K | $362.5K | -9.1% |
| 2 Bedrooms | $525K | $474.9K | -9.5% |
| 3 Bedrooms | $531.6K | $563.9K | +6.1% |
| 4 Bedrooms | $559.9K | $576.4K | +2.9% |
| 5+ Bedrooms | $580.9K | $624.9K | +7.6% |
Summary: 98367 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 98367, WA
How many homes are available in 98367, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 227 | 208 | -8.4% |
Summary: The 98367 real estate market had 208 homes for sale in October 2024, a 8.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 102 | 86 | -15.7% |
| 4 Bedrooms | 75 | 75 | 0.0% |
| 5+ Bedrooms | 33 | 27 | -18.2% |
Summary: The 98367 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 increased by 21.4%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 42 | -35.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98367, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in 98367 in October 2024, down by 35.4% month-over-month. Of the 42 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 98367, WA
How long does it take to sell a home in 98367, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 35 Days | -10.3% |
Summary: Homes in 98367 had an average of 35 days on market in Oct 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98367 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 98367; 71% of homes were sold within 30 days, 19% 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.