The 98387 housing market is very competitive. Homes in 98387 receive 2 offers on average and sell in around 24 days. The median sale price of a home in 98387 was $500K last month, up 3.1% since last year. The median sale price per square foot in 98387 is $277, up 0.0% since last year.
In December 2024, 98387 home prices were up 3.1% compared to last year, selling for a median price of $500K. On average, homes in 98387 sell after 24 days on the market compared to 18 days last year. There were 165 homes sold in December this year, up from 128 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,999
+3.1% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
98387, WA
$499,999
+3.1%
United States
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How hot is the 98387 housing market?
98387 is very competitive. Homes sell in 25 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 around list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
98387, WA
100.4%
-0.17 pt
United States
Home offer insights for 98387
Explore recent offers and recently sold homes in 98387
Recent offers
Winning Offer|
7 Weeks Ago
~$450K Offer
4bd | 2.5ba | ~1,750sqft
Under List Price
4%
Days on Market
32
Competing Offers
0
Offer
All Cash
Evan Leonard
98387 Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$600K Offer
Sold for $600K
4bd | 2.5ba | ~2,250sqft
Over List Price
0%
Days on Market
3
Competing Offers
3
Down Payment
—
Jaime Auvil
98387 Redfin Agent
Great home, BIG LOT, value was in the lot size however the back yard lacked privacy and the interior had undesirable paint colors but the home still got mutliple offers-Great Opportunity for a unique home in the community. …
More
View houses in 98387 that sold recently
Recently sold homes
SOLD JAN 17, 2025
$600,000 Last Sold Price
4 beds
3 baths
2,654 sq ft
18718 2nd Ave E, Spanaway, WA 98387
Elsie Chaudoin • KW Mountains to Sound Realty Best Choice Realty LLC
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 98387 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98387.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98387 has a minor risk of flooding. 1,212 properties in 98387 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 98387. Flood risk is increasing slower than the national average.
33% of properties are at risk of wildfire over the next 30 years
Fire Factor
98387 has a moderate risk of wildfire. There are 5,658 properties in 98387 that have some risk of being affected by wildfire over the next 30 years. This represents 33% of all properties in 98387.