$33,000
0.12 Acres
Land
Vlanda Weber, Listing Office: Riley Jackson Real Estate Inc.
Is 98550, 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, 98550 has remained a Seller's Market.
Key Takeaway
98550 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98550, WA
How much do homes in 98550, WA cost?
Median Sold Price
$258,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+3.6%)
Key Takeaway
Homes in 98550 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 98550 was $258,000 in November 2024, up 3.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $178.5K | +98.3% |
| 2 Bedrooms | $228.5K | $200K | -12.5% |
| 3 Bedrooms | $250K | $268K | +7.2% |
| 4 Bedrooms | $235K | $280K | +19.1% |
| 5+ Bedrooms | $288.5K | $350K | +21.3% |
Summary: 98550 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 21.3%.
Housing Supply in 98550, WA
How many homes are available in 98550, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 76 | -2.6% |
Summary: The 98550 real estate market had 76 homes for sale in November 2024, a 2.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 44 | 39 | -11.4% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 98550 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 remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98550, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 98550 in November 2024, up by 114.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 98550, WA
How long does it take to sell a home in 98550, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 101 Days | +249.3% |
Summary: Homes in 98550 had an average of 101 days on market in Nov 2024, up by 249.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 98550 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 15 homes were sold in 98550; 20% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 53% 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. 
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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.