New - 42 minutes on Rocket
$10,000 Closing Credit¹
#2336434, John Lynch, Listing Office: Keller Williams Rlty Lk Tapps
98321 Housing Market Report February 2025•Pierce County, Washington
Housing Prices in 98321, WA
How much do homes in 98321, WA cost?
Housing Market Conditions
Is 98321, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
98321 is a Seller's Market
Difference Since February 2024
Since last year, 98321 has remained a Seller's Market.
Insight
98321 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$644,950$313/SqFt
+$30,000
+4.9%
Based on all homes sold in the last 12 months
Insight
Homes in 98321 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 98321 was $644,950 in February 2025, up 4.9% from last year, and the median price per square foot was $313.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $528.7K | $700K | +32.4% |
| 22 Bedrooms | $442.5K | $470K | +6.2% |
| 33 Bedrooms | $546.9K | $595K | +8.8% |
| 44 Bedrooms | $672K | $662.4K | -1.4% |
| 55+ Bedrooms | $896.4K | $940.6K | +4.9% |
Summary: 98321 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +32.4%. The home price for 2 bedroom homes increased by +6.2%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes decreased by -1.4%. The home price for 5 bedroom homes increased by +4.9%.
Housing supply in 98321, WA
How many homes are available in 98321, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 63Last MonthFeb 2025 | ||
| 622 months agoJan 2025 | +1.6 % Change MoMJan – Feb |
Summary: The 98321 real estate market had 63 homes for sale in Feb 2025, a 1.6 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthFeb 2025 | ||
| 142 months agoJan 2025 | -14.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 26 | 23 | -11.5% |
| 44 Bedrooms | 20 | 23 | +15.0% |
| 55+ Bedrooms | 13 | 14 | +7.7% |
Summary: 98321 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -11.5%. The inventory for 4 bedroom homes increased by +15.0%. The inventory for 5 bedroom homes increased by +7.7%.
Asking Price vs. Sold Price
How much do homes in 98321, WA cost?
Over Asking Price8 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in 98321, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 98321 in February 2025, down by 14.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and and 67% were sold over asking.
Days on Market for 98321, WA
How long does it take to sell a home in 98321, WA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days4 Homes
Over 90 Days2 Homes
Insight
Many homes in 98321 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 12 homes were sold in 98321; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 54 DaysThis YearFeb 2025 | ||
| 78 Days1 year agoFeb 2024 | -30.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 98321 had an average listing age of 54 days in Feb 2025, down by 30.3% compared to the previous year.
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Newest Listings in 98321, WA
What homes are available in 98321, WA?
New - 18 hours on Rocket
$6,946 Closing Credit¹
#2332175, Christine A. Phillips, Listing Office: RE/MAX Realty South
New - 3 days on Rocket
$10,000 Closing Credit¹
#2333698, Bobbi Lee Betschart, Listing Office: Terrafin
New - 5 days on Rocket
$10,000 Closing Credit¹
#2334674, Troy Kerr, Listing Office: John L. Scott, Inc
$10,000 Closing Credit¹
#2334817, Hao N. Dang, Listing Office: Windermere Real Estate/East
$6,531 Closing Credit¹
#2333218, Lynn M. Lattanzio, Listing Office: Windermere Bellevue Commons
$10,000 Closing Credit¹
#2333410, Bobbi Lee Betschart, Listing Office: Terrafin
$6,412 Closing Credit¹
#2333021, Hanna Kuether, Listing Office: Best Choice Realty LLC
$8,609 Closing Credit¹
#2331205, Kelly Heaps, Listing Office: Terrafin
$10,000 Closing Credit¹
#2332450, Nancy L. Lee, Listing Office: Keller Williams Realty
$8,906 Closing Credit¹
#2331070, Carl G. Shaw, Listing Office: John L. Scott, Inc.
#2330852, Lorraine B. Dill, Listing Office: John L. Scott, Inc.
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service, for the period 03/01/2023 - 03/01/2025
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved. DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 2:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.