The 98051 housing market is somewhat competitive. The median sale price of a home in 98051 was $1.4M last month, up 33.2% since last year. The median sale price per square foot in 98051 is $409, down 15.1% since last year.
In May 2025, 98051 home prices were up 33.2% compared to last year, selling for a median price of $1.4M. On average, homes in 98051 sell after 25 days on the market compared to 29 days last year. There were 9 homes sold in May this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,375,000
+33.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
98051, WA
$1,375,000
+33.2%
United States
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How hot is the 98051 housing market?
98051 is somewhat competitive. Homes sell in 41.5 days.
0
100
58
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 15 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 98051 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98051.
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98051 has a moderate risk of flooding. 201 properties in 98051 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 98051. Flood risk is increasing slower than the national average.
67% of properties are at risk of wildfire over the next 30 years
Fire Factor
98051 has a moderate risk of wildfire. There are 1,492 properties in 98051 that have some risk of being affected by wildfire over the next 30 years. This represents 67% of all properties in 98051.