The 98506 housing market is very competitive. Homes in 98506 receive 2 offers on average and sell in around 18 days. The median sale price of a home in 98506 was $507K last month, down 2.9% since last year. The median sale price per square foot in 98506 is $274, down 10.1% since last year.
In March 2024, 98506 home prices were down 2.9% compared to last year, selling for a median price of $507K. On average, homes in 98506 sell after 18 days on the market compared to 13 days last year. There were 24 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$507,475
-2.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
98506, WA
$507,475
-2.9%
United States
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How hot is the 98506 housing market?
98506 is very competitive. Homes sell in 11 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 11 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 98506 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98506.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98506 has a moderate risk of flooding. 226 properties in 98506 are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in 98506. Flood risk is increasing slower than the national average.
65% of properties are at risk of wildfire over the next 30 years
Fire Factor
98506 has a moderate risk of wildfire. There are 5,345 properties in 98506 that have some risk of being affected by wildfire over the next 30 years. This represents 65% of all properties in 98506.