The Rainier Valley housing market is very competitive. Homes in Rainier Valley receive 3 offers on average and sell in around 43 days. The median sale price of a home in Rainier Valley was $800K last month, up 5.3% since last year. The median sale price per square foot in Rainier Valley is $518, up 3.7% since last year.
What is the housing market like in Rainier Valley today?
In February 2025, Rainier Valley home prices were up 5.3% compared to last year, selling for a median price of $800K. On average, homes in Rainier Valley sell after 43 days on the market compared to 22 days last year. There were 110 homes sold in February this year, down from 115 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$799,950
+5.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Rainier Valley, WA
$799,950
+5.3%
United States
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How hot is the Rainier Valley housing market?
Rainier Valley is very competitive. Homes sell in 31 days.
0
100
70
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 31 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 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 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 - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainier Valley has a minor risk of flooding. 1,108 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.