$4,036 Closing Credit*
$339,900
1,836 SqFt
4 Beds
•1 Full Bath
Angie Coleman, Listing Office: Nick McLean Real Estate Group
Is 98837, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 98837 was a Neutral Market.
Key Takeaway
98837 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 98837, WA
How much do homes in 98837, WA cost?
Median Sold Price
$340,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$400(+0.1%)
Key Takeaway
The sold price of homes in 98837 has remained the same since last year.
Summary: The median home sold price in 98837 was $340,000 in October 2024, up 0.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $258.5K | +91.5% |
| 2 Bedrooms | $230.5K | $249K | +8.0% |
| 3 Bedrooms | $329.3K | $329.9K | 0.2% |
| 4 Bedrooms | $409K | $420K | +2.7% |
| 5+ Bedrooms | $612K | $487K | -20.4% |
Summary: 98837 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.5%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 20.4%.
Housing Supply in 98837, WA
How many homes are available in 98837, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 228 | 227 | -0.4% |
Summary: The 98837 real estate market had 227 homes for sale in October 2024, a 0.4% 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 150 | 130 | -13.3% |
| 4 Bedrooms | 48 | 62 | +29.2% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The 98837 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 remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 31 | -27.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98837, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 98837 in October 2024, down by 27.9% month-over-month. Of the 31 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for 98837, WA
How long does it take to sell a home in 98837, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 44 Days | +55.0% |
Summary: Homes in 98837 had an average of 44 days on market in Oct 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98837 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in 98837; 45% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 13% 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.