Spanaway, WA Home Values & Market Trends
Real estate market trends reflect that there have been 820 transactions over the past year in Spanaway. The median value for residential home transactions that occurred over the previous year is $476,648.09. The number of current listings in Spanaway is 17, and the percentage of properties for sale in the city is 17.00%. Spanaway, WA currently has 23 properties in foreclosure, 2 bank owned properties, 17 properties headed for auction, and 17 properties for sale.
Spanaway, WA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 98387 | $ 470,858 $ 274/sqft |
Housing Market Summary for Spanaway, WA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $459.9K | $461.4K | 0.33% |
| Median Sold Price | $455K | $461.4K | 1.41% |
| Homes For Sale | 15 | 17 | 13.33% |
| Homes Sold | 368 | 389 | 5.71% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Spanaway, WA
Browse Homes in Spanaway, WA
Spanaway home values range from $42,507 to $3,398,500. The median estimated value of a home in Spanaway is $476,648.09. The median list price of a home is 454,950, and the total count of properties in the city is 16,666.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Spanaway, WA with 98387 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Spanaway, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $588,954 in 98387 to the lowest home value of $396,508 in 98387.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Spanaway, WA ranges from the highest value of $472,822 in 98387 to the lowest value of $457,023 in 98387. Bank owned homes and properties account for 0.01% of properties in Spanaway, WA. There is 1 zips within Spanaway, WA; 98387 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98387 has 17 auction properties, the highest number of properties going to auction in a single zip in the state of Spanaway, WA. Auction homes and other auction properties account for 0.10% of all properties in Spanaway, WA. There is 1 zips within Spanaway, WA; of that zips, the median estimated home value for homes going to auction ranges from $668,200 in 98387 to the lowest value of $365,000 in 98387.
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Washington Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.