The 98405 housing market is very competitive. Homes in 98405 receive 4 offers on average and sell in around 29 days. The median sale price of a home in 98405 was $445K last month, up 2.3% since last year. The median sale price per square foot in 98405 is $296, up 2.1% since last year.
In February 2025, 98405 home prices were up 2.3% compared to last year, selling for a median price of $445K. On average, homes in 98405 sell after 29 days on the market compared to 23 days last year. There were 64 homes sold in February this year, up from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$444,925
+2.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
98405, WA
$444,925
+2.3%
United States
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How hot is the 98405 housing market?
98405 is very competitive. Homes sell in 11 days.
0
100
88
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 11 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 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 98405 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98405.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98405 has a minor risk of flooding. 232 properties in 98405 are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in 98405. Flood risk is increasing slower than the national average.