Is 99361, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99361 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 99361 has remained a Buyer's Market.

Key Takeaway

99361 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 99361, WA

How much do homes in 99361, WA cost?

Median Sold Price

$321,125

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,125(+4.6%)

Key Takeaway

Homes in 99361 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 99361 was $321,125 in October 2024, up 4.6% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $300K$346K
+15.3%
2 $215K$60K
-72.1%
3 $305K$292K
-4.3%
4 $706K$507.4K
-28.1%
5+ $325K-
N/A

Summary: 99361 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 72.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

99328
+10.8%
99361
+4.6%
99362
-2.2%

Housing Supply in 99361, WA

How many homes are available in 99361, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The 99361 real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 87
-12.5%
4 21
-50.0%
5+ 11
0.0%

Summary: The 99361 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 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99361, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 99361 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 99361, WA

How long does it take to sell a home in 99361, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days86 Days+514.3%

Summary: Homes in 99361 had an average of 86 days on market in Oct 2024, up by 514.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 99361 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 99361; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 99361, WA

Nearby Markets to 99361, WA