The 98816 housing market is somewhat competitive. The median sale price of a home in 98816 was $535K last month, down 25.7% since last year. The median sale price per square foot in 98816 is $478, up 17.4% since last year.
In May 2025, 98816 home prices were down 25.7% compared to last year, selling for a median price of $535K. On average, homes in 98816 sell after 9 days on the market compared to 38 days last year. There were 22 homes sold in May this year, down from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$535,000
-25.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
98816, WA
$535,000
-25.7%
United States
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How hot is the 98816 housing market?
98816 is somewhat competitive. Homes sell in 20 days.
0
100
63
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 2 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 98816 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98816.
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98816 has a moderate risk of flooding. 413 properties in 98816 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 98816. Flood risk is increasing faster than the national average.
96% of properties are at risk of wildfire over the next 30 years
Fire Factor
98816 has a severe risk of wildfire. There are 8,286 properties in 98816 that have some risk of being affected by wildfire over the next 30 years. This represents 96% of all properties in 98816.