Soap Lake, WA Home Values & Market Trends

Real estate market trends reflect that there have been 117 transactions over the past year in Soap Lake. The median value for residential home transactions that occurred over the previous year is $351,126. The number of current listings in Soap Lake is 81, and the percentage of properties for sale in the city is 81.00%. Soap Lake, WA currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 81 properties for sale.

Soap Lake, WA Real Estate Market Overview

ZipMedian Est. Value
98851

$ 351,126

$ 225/sqft

Housing Market Summary for Soap Lake, WA

Oct 2025October 2026Change
Median Listing Price$440K$416.5K-5.34%
Median Sold Price$245.3K$172.2K-29.81%
Homes For Sale79812.53%
Homes Sold3182164.52%
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 Soap Lake, WA

Soap Lake home values range from $47,140 to $832,561. The median estimated value of a home in Soap Lake is $351,126. The median list price of a home is 416,500, and the total count of properties in the city is 162.

Foreclosure
There is 1 zips within Soap Lake, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Soap Lake, WA with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Soap 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 Soap 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 Soap Lake, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Soap Lake, WA. There is 1 zips within Soap Lake, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Soap Lake, WA. Auction homes and other auction properties account for 0% of all properties in Soap Lake, WA. There is 1 zips within Soap Lake, WA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 50.00% of residential properties in Soap Lake, WA with 98851 containing 81 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Soap Lake, WA; homes for sale in that zips, have a range of median values from $832,561 in 98851 to the lowest value of $143,270 in 98851.
    Sold Homes
    The median value for recently sold homes ranges from $524,679 in 98851 to the lowest price of $47,140 in 98851. There is 1 zips within Soap Lake, WA. 98851 has 81 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 50.00% of properties in Soap Lake, WA.

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      Guide for Soap Lake, WA

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Recently Listed Homes Soap Lake, WA

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