The 98038 housing market is very competitive. Homes in 98038 receive 2 offers on average and sell in around 16 days. The median sale price of a home in 98038 was $813K last month, up 9.5% since last year. The median sale price per square foot in 98038 is $365, up 5.5% since last year.
In October 2024, 98038 home prices were up 9.5% compared to last year, selling for a median price of $813K. On average, homes in 98038 sell after 16 days on the market compared to 13 days last year. There were 120 homes sold in October this year, up from 102 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$812,750
+9.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
98038, WA
$812,750
+9.5%
United States
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How hot is the 98038 housing market?
98038 is very competitive. Homes sell in 18 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% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% 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 98038 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98038.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98038 has a minor risk of flooding. 1,573 properties in 98038 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 98038. Flood risk is increasing slower than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
98038 has a moderate risk of wildfire. There are 1,928 properties in 98038 that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in 98038.