The 98312 housing market is very competitive. Homes in 98312 receive 3 offers on average and sell in around 13 days. The median sale price of a home in 98312 was $525K last month, up 8.8% since last year. The median sale price per square foot in 98312 is $298, up 8.0% since last year.
In July 2025, 98312 home prices were up 8.8% compared to last year, selling for a median price of $525K. On average, homes in 98312 sell after 13 days on the market compared to 15 days last year. There were 144 homes sold in July this year, up from 128 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,046
+8.8% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
98312, WA
$525,046
+8.8%
United States
To compare other locations to the 98312 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Washington add value to a home.
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How hot is the 98312 housing market?
98312 is very competitive. Homes sell in 19 days.
0
100
85
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 19 days.
Hot homes
can sell for about 2% above 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
98312, WA
100.7%
+0.3 pt
United States
Home offer insights for 98312
Explore recent offers and recently sold homes in 98312
Recent offers
Winning Offer|
11 Weeks Ago
~$375K Offer
3bd | 1ba | ~1,750sqft
Under List Price
6%
Days on Market
44
Competing Offers
0
Down Payment
<10%
Rachel Marez
98312 Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$125K Offer
Sold for $125K
—bd | —ba | —sqft
Over List Price
0%
Days on Market
4
Competing Offers
3
Down Payment
—
Alan Johnson
98312 Redfin Agent
Winning offer went for 136k . we put in asking price and escalated up to 125k.
Offer Not Accepted|
6 Weeks Ago
~$650K Offer
Sold for $650K
3bd | 2.5ba | ~2,000sqft
Under List Price
7%
Days on Market
105
Competing Offers
0
Down Payment
<10%
Alan Johnson
98312 Redfin Agent
No response from seller. Broker acknowledged they received our offer. They went pending with someone else.…
More
Offer Not Accepted|
2 Weeks Ago
~$800K Offer
Sold for $900K
2bd | 2.25ba | ~2,500sqft
Over List Price
3%
Days on Market
5
Competing Offers
13
Down Payment
~20%
Sheryl Wingate
98312 Redfin Agent
Home had multiple offers that escalated more than $150k above list price. They went with cash offer over 900k, with no contingencies and a 10 day closing. …
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 98312 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98312.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98312 has a moderate risk of flooding. 1,062 properties in 98312 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 98312. Flood risk is increasing slower than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
98312 has a moderate risk of wildfire. There are 5,467 properties in 98312 that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in 98312.