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All market snapshots / 98198

Des Moines, WA 98198 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Des Moines, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.00
ActiveActive listings: 4343PendingPending sales: 00
Des Moines, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $475k$475kSoldMedian sold price (last 6 months): $575k$575k
What homes actually sell for in Des Moines, WA
Distribution of 233 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $449k to $750k
$220k to $330k: 23 sales$220k$330k to $441k: 24 sales$441k to $552k: 51 sales51sales$441k$552k to $663k: 42 sales$663k to $774k: 29 sales$663k$774k to $884k: 25 sales$884k to $995k: 8 sales$884k$995k to $1.11M: 8 salesMedian $575k

What the numbers say

As of October 5, 2026, Resideline is tracking 43 active listings and 0 pending sales in ZIP code 98198. That pending-to-active ratio of 0.00 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $475,000, while the median of the 233 closed sales Resideline tracked over the last six months was $575,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98198 for 80 days.

Frequently asked questions

What is the median home price in 98198?

The median closed sale price in Des Moines, WA 98198 was $575,000 over the last six months, based on 233 closed sales tracked by Resideline. The middle half of those sales ranged from $449,000 to $750,000.

Is 98198 a buyer's or seller's market?

Resideline is currently tracking 0 pending sales against 43 active listings in 98198, a pending-to-active ratio of 0.00. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98198 currently looks like a balanced market.

Nearby ZIP code market data

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