New - 1 day on Rocket
$4,501 Closing Credit¹
#2329507, Patrick Clark, Listing Office: eXp Realty
98503 Housing Market Report January 2025•Thurston County, Washington
Housing Prices in 98503, WA
How much do homes in 98503, WA cost?
Housing Market Conditions
Is 98503, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
98503 is a Seller's Market
Difference Since January 2024
Since last year, 98503 has remained a Seller's Market.
Insight
98503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$474,475$285/SqFt
+$9,475
+2.0%
Based on all homes sold in the last 12 months
Insight
Homes in 98503 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 98503 was $474,475 in January 2025, up 2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $452.2K | $400K | -11.6% |
| 22 Bedrooms | $380K | $398.4K | +4.9% |
| 33 Bedrooms | $450K | $469.9K | +4.4% |
| 44 Bedrooms | $530K | $520K | -1.9% |
| 55+ Bedrooms | $554K | $629K | +13.5% |
Summary: 98503 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.6%. The home price for 2 bedroom homes increased by +4.9%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes decreased by -1.9%. The home price for 5 bedroom homes increased by +13.5%.
Housing supply in 98503, WA
How many homes are available in 98503, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 80Last MonthJan 2025 | ||
| 762 months agoDec 2024 | +5.3 % Change MoMDec – Jan |
Summary: The 98503 real estate market had 80 homes for sale in Jan 2025, a 5.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 232 months agoDec 2024 | -26.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 21 | 16 | -23.8% |
| 33 Bedrooms | 42 | 47 | +11.9% |
| 44 Bedrooms | 9 | 11 | +22.2% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: 98503 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -23.8%. The inventory for 3 bedroom homes increased by +11.9%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in 98503, WA cost?
Over Asking Price6 Homes
At Asking Price7 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in 98503, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 98503 in January 2025, down by 26.1% month-over-month. Of the 17 sold homes, 24% were sold under asking, 41% were sold at asking, and and 35% were sold over asking.
Days on Market for 98503, WA
How long does it take to sell a home in 98503, WA?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days6 Homes
Over 90 Days1 Home
Insight
Many homes in 98503 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in 98503; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearJan 2025 | ||
| 36 Days1 year agoJan 2024 | -14.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 98503 had an average listing age of 31 days in Jan 2025, down by 14.4% compared to the previous year.
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Newest Listings in 98503, WA
What homes are available in 98503, WA?
New - 2 days on Rocket
$4,928 Closing Credit¹
#2326212, Lori L. Vandelac, Listing Office: Gateway Real Estate
New - 6 days on Rocket
$5,558 Closing Credit¹
#2327842, Clint Rogers, Listing Office: Rain Town Realty + JPAR
New - 7 days on Rocket
$5,938 Closing Credit¹
#2320586, Kellie Larson, Listing Office: eXp Realty
New - 7 days on Rocket
$5,332 Closing Credit¹
#2327454, Savannah A. Parker, Listing Office: Abbey Realty Inc
$5,343 Closing Credit¹
#2326485, Scott Lambert, Listing Office: Riley Jackson Real Estate Inc.
3D tour
$8,074 Closing Credit¹
#2324650, Remi Evergreen, Listing Office: Redfin
$9,809 Closing Credit¹
#2324126, Jeffrey Tellvik, Listing Office: Cascadian King Company, L.L.C.
$5,522 Closing Credit¹
#2321449, Lorna Murray, Listing Office: RE/MAX Equity Group
$5,344 Closing Credit¹
#2316361, Michael Barber, Listing Office: NextHome Northwest Group
$7,541 Closing Credit¹
#2320344, Laura Vandersnick, Listing Office: City Realty, Inc.
$3,324 Closing Credit¹
#2319383, Sherri Rimpler, Listing Office: Patina Realty, LLC
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
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: 2/6/2025, 2:17:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.