Bonney Lake, WA Home Values & Market Trends

Real estate market trends reflect that there have been 613 transactions over the past year in Bonney Lake. The median value for residential home transactions that occurred over the previous year is $586,481.84. The number of current listings in Bonney Lake is 21, and the percentage of properties for sale in the city is 21.00%. Bonney Lake, WA currently has 13 properties in foreclosure, 2 bank owned properties, 11 properties headed for auction, and 21 properties for sale.

Bonney Lake, WA Real Estate Market Overview

ZipMedian Est. Value
98391

$ 774,950

$ 310/sqft

Housing Market Summary for Bonney Lake, WA

Mar 2023February 2024Change
Median Listing Price$575K$617.7K7.42%
Median Sold Price$585.7K$617.7K5.46%
Homes For Sale2519-24.00%
Homes Sold3323629.04%
Price
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Homes For Sale
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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%.

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Browse Homes in Bonney Lake, WA

Bonney Lake home values range from $24,145 to $3,571,322. The median estimated value of a home in Bonney Lake is $586,481.84. The median list price of a home is 660,000, and the total count of properties in the city is 14,444.

Foreclosure
There is 1 zips within Bonney Lake, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $739,823 in 98391 to the lowest value of $456,859 in 98391. Foreclosure homes account for 0.00% of properties in Bonney Lake, WA with 98391 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Bonney Lake, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bonney Lake, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bonney Lake, WA ranges from the highest value of $739,823 in 98391 to the lowest value of $739,823 in 98391. Bank owned homes and properties account for 0.01% of properties in Bonney Lake, WA. There is 1 zips within Bonney Lake, WA; 98391 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98391 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Bonney Lake, WA. Auction homes and other auction properties account for 0.08% of all properties in Bonney Lake, WA. There is 1 zips within Bonney Lake, WA; of that zips, the median estimated home value for homes going to auction ranges from $693,398 in 98391 to the lowest value of $456,859 in 98391.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Bonney Lake, WA with 98391 containing 26 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Bonney Lake, WA; homes for sale in that zips, have a range of median values from $2,000,000 in 98391 to the lowest value of $424,315 in 98391.
    Sold Homes
    The median value for recently sold homes ranges from $3,035,520 in 98391 to the lowest price of $40,582 in 98391. There is 1 zips within Bonney Lake, WA. 98391 has 494 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.47% of properties in Bonney Lake, WA.

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      Guide for Bonney Lake, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      See More Articles
      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Recently Listed Homes Bonney Lake, WA

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