South Prairie, WA Home Values & Market Trends

Real estate market trends reflect that there have been 7 transactions over the past year in South Prairie. The median value for residential home transactions that occurred over the previous year is $475,000. The number of current listings in South Prairie is 11, and the percentage of properties for sale in the city is 11.00%. South Prairie, WA currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 11 properties for sale.

South Prairie, WA Real Estate Market Overview

ZipMedian Est. Value
98385

$ 475,000

$ 352/sqft

Housing Market Summary for South Prairie, WA

Sep 2025September 2026Change
Median Listing Price$472.4K$475K0.54%
Median Sold Price$588.3K$531.6K-9.63%
Homes For Sale511120.00%
Homes Sold13200.00%
Price
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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 South Prairie, WA

South Prairie home values range from $352,524 to $875,000. The median estimated value of a home in South Prairie is $475,000. The median list price of a home is 475,000, and the total count of properties in the city is 18.

Foreclosure
There is 1 zips within South Prairie, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $498,896 in 98385 to the lowest value of $498,896 in 98385. Foreclosure homes account for 11.00% of properties in South Prairie, WA with 98385 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in South Prairie, 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 South Prairie, 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 South Prairie, 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 South Prairie, WA. There is 1 zips within South Prairie, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98385 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of South Prairie, WA. Auction homes and other auction properties account for 11.11% of all properties in South Prairie, WA. There is 1 zips within South Prairie, WA; of that zips, the median estimated home value for homes going to auction ranges from $498,896 in 98385 to the lowest value of $498,896 in 98385.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.11% of residential properties in South Prairie, WA with 98385 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within South Prairie, WA; homes for sale in that zips, have a range of median values from $875,000 in 98385 to the lowest value of $352,524 in 98385.
    Sold Homes
    The median value for recently sold homes ranges from $796,011 in 98385 to the lowest price of $461,236 in 98385. There is 1 zips within South Prairie, WA. 98385 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 16.67% of properties in South Prairie, WA.

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      Guide for South Prairie, 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.