Is Pacific, WA 98047 a buyer’s or seller’s market?
Pacific is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Pacific housing market right now
In the three months ending August 31, 2026, 25% of homes in Pacific, WA 98047 sold above their list price, the typical home went under contract in 7 days and there were 4.4 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. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (21 days then) and the median sale price rose 10% to $554,760. Overall, Pacific is about as competitive as it was a year ago.
Within King County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 75%.
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.
Run the numbers for 98047
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 Pacific nearby
Find towns like Pacific in other states →Where Pacific is
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Questions about Pacific real estate
Is Pacific a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Pacific, WA 98047 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 Pacific?
The typical home went under contract in 7 days in the latest three months.
Do homes in Pacific sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Pacific?
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 Pacific?
The median sale price was $554,760 in the three months ending August 31, 2026, about $363 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