New - 1 day on Rocket
$5,047 Closing Credit¹
#2327083, Marca Bruff, Listing Office: Keller Williams South Sound
98548 Housing Market Report January 2025•Mason County, Washington
Housing Prices in 98548, WA
How much do homes in 98548, WA cost?
Housing Market Conditions
Is 98548, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
98548 is a Buyer's Market
Difference Since January 2024
Since last year, 98548 has remained a Buyer's Market.
Insight
98548 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$349,000$296/SqFt
-$7,000
-2.0%
Based on all homes sold in the last 12 months
Insight
Homes in 98548 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 98548 was $349,000 in January 2025, down 2% from last year, and the median price per square foot was $296.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 98584 | $387.2K | $399.4K | +3.1% |
| 98548 | $356K | $349K | -2.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $281.2K | $248K | -11.8% |
| 22 Bedrooms | $375.5K | $382K | +1.7% |
| 33 Bedrooms | $409.9K | $353K | -13.9% |
| 44 Bedrooms | $700K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 98548 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.8%. The home price for 2 bedroom homes increased by +1.7%. The home price for 3 bedroom homes decreased by -13.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in 98548, WA
How many homes are available in 98548, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthJan 2025 | ||
| 222 months agoDec 2024 | +4.5 % Change MoMDec – Jan |
Summary: The 98548 real estate market had 23 homes for sale in Jan 2025, a 4.5 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -75.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 5 | 0.0% |
| 22 Bedrooms | 13 | 13 | 0.0% |
| 33 Bedrooms | 3 | 4 | +33.3% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 98548 housing inventory by bedroom type for January 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 increased by +33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 98548, WA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in 98548, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 98548 in January 2025, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 98548, WA
How long does it take to sell a home in 98548, WA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in 98548 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 1 homes were sold in 98548; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 145 DaysThis YearJan 2025 | ||
| 20 Days1 year agoJan 2024 | +625.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 98548 had an average listing age of 145 days in Jan 2025, up by 625.0% compared to the previous year.
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Newest Listings in 98548, WA
What homes are available in 98548, WA?
New - 5 days on Rocket
#2328585, Matt Clark, Listing Office: eXp Realty
New - 5 days on Rocket
$5,699 Closing Credit¹
#2327163, Stacie Palzer, Listing Office: Keller Williams Greater 360
New - 6 days on Rocket
$5,047 Closing Credit¹
#2327160, Joe Stevick, Listing Office: Windermere RE West Sound Inc.
New - 7 days on Rocket
$3,563 Closing Credit¹
#2327340, Annmarie Pasley, Listing Office: Richard Beckman Rlty Group LLC
$4,863 Closing Credit¹
#2326779, Randy Churchill, Listing Office: Richard Beckman Rlty Group LLC
$3,978 Closing Credit¹
#2320767, Matt Clark, Listing Office: eXp Realty
$7,719 Closing Credit¹
#2319380, Art Remsbecker, Listing Office: Lake Cushman Realty
#2312841, Art Remsbecker, Listing Office: Lake Cushman Realty
$7,066 Closing Credit¹
#2313058, Parmpreet Bhatti, Listing Office: Skyline Properties, Inc.
#2306836, Kurt Kominski, Listing Office: Dove Realty, Inc.
$5,343 Closing Credit¹
#2311578, Matt Clark, Listing Office: eXp Realty
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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, 5:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.