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Is Medina, WA 98039 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Medina is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$1,193▼ −2.3% vs. last year

The Medina housing market right now

In the three months ending August 31, 2026, 0% of homes in Medina, WA 98039 sold above their list price, the typical home went under contract in 21 days and there were 7.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (4 days then) and the median sale price fell 18% to $3,648,421. Overall, Medina is less competitive than a year ago, which gives buyers more room.

Within King County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Seattle 98155 (43% sold over asking) and Seattle 98136 (41% sold over asking) are even more competitive.

Run the numbers for 98039

Prefilled for 98039Can I win this house?Multiple-offer likelihood for a listing Prefilled for 98039Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Auburn 98001Seller’s market $342 /sq ftAuburn 98002Balanced $322 /sq ftAuburn 98092Balanced $324 /sq ftBaring 98224 $798 /sq ft Browse all markets →

Towns like Medina nearby

Find towns like Medina in other states →
Mercer Island, WA98040 · 5 miles away52% similarlower income ($31K less) · larger Sammamish, WA98075 · 10 miles away41% similarcheaper homes ($401K less) · larger Bellevue, WA98006 · 6 miles away40% similarlower income ($52K less) · cheaper homes ($612K less) Sammamish, WA98074 · 9 miles away40% similarcheaper homes ($633K less) · larger

Where Medina is

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Questions about Medina real estate

Is Medina a buyer’s or seller’s market?

A buyer’s market: there were 7.8 months of supply in Medina, WA 98039 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 Medina?

The typical home went under contract in 21 days in the latest three months.

Do homes in Medina sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Medina?

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 Medina?

The median sale price was $3,648,421 in the three months ending August 31, 2026, about $1,193 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