$2,963 Closing Credit*
$249,500
1,538 SqFt
Martha Wright, Listing Office: eXp Realty
Is 98520, 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, 98520 has remained a Seller's Market.
Key Takeaway
98520 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98520, WA
How much do homes in 98520, WA cost?
Median Sold Price
$283,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$216(-0.1%)
Key Takeaway
The sold price of homes in 98520 has remained the same since last year.
Summary: The median home sold price in 98520 was $283,250 in October 2024, down 0.1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.4K | $152K | -24.9% |
| 2 Bedrooms | $225K | $215K | -4.4% |
| 3 Bedrooms | $300K | $295K | -1.7% |
| 4 Bedrooms | $300K | $345K | +15.0% |
| 5+ Bedrooms | $382K | $255.6K | -33.1% |
Summary: 98520 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 33.1%.
Housing Supply in 98520, WA
How many homes are available in 98520, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 128 | 128 | 0.0% |
Summary: The 98520 real estate market had 128 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 24 | -14.3% |
| 3 Bedrooms | 61 | 59 | -3.3% |
| 4 Bedrooms | 33 | 38 | +15.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 98520 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 14.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98520, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 98520 in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for 98520, WA
How long does it take to sell a home in 98520, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 32 Days | -44.2% |
Summary: Homes in 98520 had an average of 32 days on market in Oct 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98520 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 98520; 59% of homes were sold within 30 days, 32% 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.