The Martha Lake housing market is most competitive. The median sale price of a home in Martha Lake was $959K last month, up 14.1% since last year. The median sale price per square foot in Martha Lake is $463, up 13.8% since last year.
What is the housing market like in Martha Lake today?
In March 2024, Martha Lake home prices were up 14.1% compared to last year, selling for a median price of $959K. On average, homes in Martha Lake sell after 6 days on the market compared to 15 days last year. There were 32 homes sold in March this year, down from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$958,500
+14.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Martha Lake, WA
$958,500
+14.1%
United States
To compare other locations to the Martha Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Martha Lake add value to a home.
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How hot is the Martha Lake housing market?
Martha Lake is most competitive. Homes sell in 6.5 days.
0
100
90
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 7 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Martha Lake
Explore recent offers and recently sold homes in Martha Lake
Recent offers
Offer Not Accepted|
2 Weeks Ago
~$1M Offer
Sold for $1M
4bd | 2.5ba | ~2,000sqft
Over List Price
10%
Days on Market
5
Competing Offers
4
Down Payment
—
Cortney Engleman
Martha Lake Redfin Agent
My buyers did a pre-inspection and sewer scope and waived all contingencies except financing. The winning offer waived financing too, but didn't do a pre-inspection. …
More
Offer Not Accepted|
3 Weeks Ago
~$950K Offer
Sold for $1M
6bd | 4.5ba | ~2,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
12
Down Payment
~50%
Joy Huang
Martha Lake Redfin Agent
Total 13 offers, winning offer is cash over 1 millions, 2 weeks close
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 Martha Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Martha Lake.
Risk Factor
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Martha Lake has a minor risk of flooding. 66 properties in Martha Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Martha Lake. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Martha Lake has a minor risk of wildfire. There are 1,148 properties in Martha Lake that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Martha Lake.
Martha Lake has minimal risk of severe winds over the next 30 years
Wind Factor
Martha Lake has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.