Is Auburn, WA 98002 a buyer’s or seller’s market?
Auburn is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 71% of U.S. ZIP codes, and #75 of 298 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Auburn housing market right now
In the three months ending August 31, 2026, 36% of homes in Auburn, WA 98002 sold above their list price, the typical home went under contract in 24 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 57 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (14 days then) and the median sale price fell 5% to $481,792. Overall, Auburn is more competitive than a year ago, so tougher for buyers.
Within King County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Auburn ranks #75 of 298 WA ZIP codes with enough sales (score 68 out of 100).
Nearby, buyers who want less competition could look at Skykomish 98288 (0% sold over asking) or Baring 98224 (0% sold over asking), while Seattle 98155 (43% sold over asking) and Seattle 98136 (41% sold over asking) are even more competitive.
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Nearby markets
Auburn 98001Seller’s market $342 /sq ftAuburn 98092Balanced $324 /sq ftBaring 98224 $798 /sq ftBellevue 98004Balanced $915 /sq ft Browse all markets →Towns like Auburn nearby
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Questions about Auburn real estate
Is Auburn a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Auburn, WA 98002 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Auburn?
The typical home went under contract in 24 days in the latest three months.
Do homes in Auburn sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Auburn?
About 0.83% of a home’s value a year in King County, or roughly $3,320 on a $400,000 home.
What is the median home price in Auburn?
The median sale price was $481,792 in the three months ending August 31, 2026, about $322 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology