98940, WA Housing Market
The 98940 housing market is very competitive. The median sale price of a home in 98940 was $564K over the last 3 months, down 11.9% since the same period last year. The median sale price per square foot in 98940 is $314, down 25.6% since last year.
98940 Housing Market Trends
Over the three months ending August 2026, 98940 home prices were down 11.9% compared to the same period last year, selling for a median price of $564K. On average, homes in 98940 sell after 23 days on the market compared to 49 days last year. There were 13 homes sold in August this year, down from 15 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 98940 housing market?
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 17 days.
- Hot homescan sell for around list price and go pending in around 7 days.
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 22 days.
- Hot homescan sell for about 1% above list price and go pending in around 6 days.
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
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 61 days.
- Hot homescan sell for around list price and go pending in around 26 days.
View houses in 98940 that sold recently
Recently sold homes
- $585,000 Last Sold Price1 bed2.5 baths1,328 sq ft40 Lake Cle Elum Dam Rd, Ronald, WA 98940Casey Ross • CENTURY 21 Center Point John L. Scott RE Cle ElumList Price$595,000Sale to List2% under listDays on Market—40 Lake Cle Elum Dam Rd, Ronald, WA 98940
- $508,000 Last Sold Price2 beds1 bath1,366 sq ft0 XXX Forest Service Road 114 Rd, Cle Elum, WA 98922Jon Newton • Windermere RE Cle Elum Windermere R. E. EllensburgList Price$549,000Sale to List7% under listDays on Market—0 XXX Forest Service Road 114 Rd, Cle Elum, WA 98922
- $717,000 Last Sold Price3 beds2 baths2,012 sq ft201 Double O Rd, Ronald, WA 98940Natalie Alfieri • Every Door Real Estate Epique RealtyList Price$749,900Sale to List4% under listDays on Market—201 Double O Rd, Ronald, WA 98940
- $600,000 Last Sold Price2 beds2 baths2,201 sq ft61 S Lake Cabins Rd, Ronald, WA 98940Gordon Scholl • John L Scott Lake Cle Elum TEC Real Estate Inc.List Price$639,000Sale to List6% under listDays on Market123 days61 S Lake Cabins Rd, Ronald, WA 98940
- $485,000 Last Sold Price2 beds1 bath1,917 sq ft1302 Pine Loch Sun Dr, Ronald, WA 98940RJ Preisser • eXp Realty John L Scott Lake Cle ElumList Price$485,000Sale to List0% over listDays on Market—1302 Pine Loch Sun Dr, Ronald, WA 98940
- $336,5002 beds1 bath675 sq ft1 Raintree Ln, Ronald, WA 98940List Price—Sale to List—Days on Market—1 Raintree Ln, Ronald, WA 98940
- $610,500 Last Sold Price3 beds2 baths1,152 sq ft7 Moonshine Ln, Ronald, WA 98940Alexa Cathcart • HomeSmart Realty Group The Preview GroupList Price$615,000Sale to List1% under listDays on Market—7 Moonshine Ln, Ronald, WA 98940
- $336,500 Last Sold Price2 beds1 bath675 sq ft21 Raintree Ln #1, Ronald, WA 98940Anne Everaert • John L. Scott RE Cle Elum Gateway Real EstateList Price$344,950Sale to List2% under listDays on Market—21 Raintree Ln #1, Ronald, WA 98940
See all recently sold homes in 98940.
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Schools in 98940
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on 98940 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 98940.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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