The Rainier Valley housing market is very competitive. Homes in Rainier Valley receive 3 offers on average and sell in around 11 days. The median sale price of a home in Rainier Valley was $803K last month, down 3.4% since last year. The median sale price per square foot in Rainier Valley is $467, down 12.7% since last year.
What is the housing market like in Rainier Valley today?
In July 2025, Rainier Valley home prices were down 3.4% compared to last year, selling for a median price of $803K. On average, homes in Rainier Valley sell after 11 days on the market compared to 8 days last year. There were 156 homes sold in July this year, up from 146 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$802,500
-3.4% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Rainier Valley, WA
$802,500
-3.4%
United States
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How hot is the Rainier Valley housing market?
Rainier Valley is very competitive. Homes sell in 12.5 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 around list price and go pending in around 13 days.
Hot homes
can sell for around list price and go pending in around 5 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Rainier Valley, WA
100.4%
-0.2 pt
United States
Home offer insights for Rainier Valley
Explore recent offers and recently sold homes in Rainier Valley
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$1.25M Offer
Sold for $1.25M
3bd | 2.75ba | ~2,250sqft
Over List Price
0%
Days on Market
6
Competing Offers
4
Down Payment
—
Steven Shelton
Rainier Valley Redfin Agent
Beautiful home, clearly checked a lot of boxes for our clients and others. We were pumped for them and they really stepped up, putting in the strongest offer they possibly could.
Sounds like we landed in second place, edged out by a higher escalation. As Ricky Bobby says, “If you’re not first, you’re last.” But we’ll keep truckin’ and find them another gem. …
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 Rainier Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainier Valley.
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainier Valley has a moderate risk of flooding. 1,141 properties in Rainier Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Rainier Valley. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rainier Valley has a moderate risk of wildfire. There are 5 properties in Rainier Valley that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Rainier Valley.
Rainier Valley has minimal risk of severe winds over the next 30 years
Wind Factor
Rainier Valley has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.