The 98501 housing market is very competitive. Homes in 98501 receive 2 offers on average and sell in around 23.5 days. The median sale price of a home in 98501 was $544K last month, down 0.12% since last year. The median sale price per square foot in 98501 is $276, up 4.7% since last year.
In October 2024, 98501 home prices were down 0.12% compared to last year, selling for a median price of $544K. On average, homes in 98501 sell after 24 days on the market compared to 8 days last year. There were 164 homes sold in October this year, up from 119 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$544,250
-0.12% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
98501, WA
$544,250
-0.12%
United States
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How hot is the 98501 housing market?
98501 is very competitive. Homes sell in 23 days.
0
100
80
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 23 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 98501 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98501.
Flood Factor - Major
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98501 has a major risk of flooding. 1,034 properties in 98501 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 98501. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
98501 has a moderate risk of wildfire. There are 9,655 properties in 98501 that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in 98501.