Is ZIP 98929, 98929 a buyer’s or seller’s market?
ZIP 98929 is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #10 of 13 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The 98929 housing market right now
In the three months ending August 31, 2026, 10% of homes in ZIP code 98929 sold above their list price, the typical home went under contract in 27 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (11 days then) and the median sale price rose 25% to $400,899. Overall, 98929 is less competitive than a year ago, which gives buyers more room.
On our competition score, 98929 ranks #10 of 13 ZIP codes with enough sales (score 30 out of 100).
Run the numbers for 98929
Questions about 98929 real estate
Is 98929 a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in ZIP code 98929 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in 98929?
The typical home went under contract in 27 days in the latest three months.
Do homes in 98929 sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What is the median home price in 98929?
The median sale price was $400,899 in the three months ending August 31, 2026, about $269 per square foot.
Local agents
See all agents in 98929 →No sponsored agents in 98929 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 98929
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology