The 98248 housing market is very competitive. Homes in 98248 receive 1 offers on average and sell in around 21 days. The median sale price of a home in 98248 was $685K last month, up 13.0% since last year. The median sale price per square foot in 98248 is $349, up 12.4% since last year.
In October 2024, 98248 home prices were up 13.0% compared to last year, selling for a median price of $685K. On average, homes in 98248 sell after 21 days on the market compared to 21 days last year. There were 103 homes sold in October this year, up from 80 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$684,900
+13.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
98248, WA
$684,900
+13.0%
United States
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How hot is the 98248 housing market?
98248 is very competitive. Homes sell in 32 days.
0
100
75
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 32 days.
Hot homes
can sell for around 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 98248 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98248.
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98248 has a major risk of flooding. 1,097 properties in 98248 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 98248. Flood risk is increasing slower than the national average.
78% of properties are at risk of wildfire over the next 30 years
Fire Factor
98248 has a moderate risk of wildfire. There are 9,577 properties in 98248 that have some risk of being affected by wildfire over the next 30 years. This represents 78% of all properties in 98248.