Is Anderson Island, WA 98303 a buyer’s or seller’s market?

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

Anderson Island is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list7.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$302▼ −6.7% vs. last year

The Anderson Island housing market right now

In the three months ending August 31, 2026, 7% of homes in Anderson Island, WA 98303 sold above their list price, the typical home went under contract in 43 days and there were 6.4 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 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (71 days then) and the median sale price held steady to $429,814. Overall, Anderson Island is more competitive than a year ago, so tougher for buyers.

Within Pierce County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 92%.

Nearby, buyers who want less competition could look at Mckenna 98558 (0% sold over asking) or Vaughn 98394 (0% sold over asking), while Carbonado 98323 (80% sold over asking) and Tacoma 98418 (55% sold over asking) are even more competitive.

Nearby markets

Ashford 98304Buyer’s market $496 /sq ftBonney Lake 98391Seller’s market $317 /sq ftBuckley 98321Seller’s market $296 /sq ftCarbonado 98323Seller’s market $259 /sq ft Browse all markets →

Where Anderson Island is

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Questions about Anderson Island real estate

Is Anderson Island a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Anderson Island, WA 98303 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 Anderson Island?

The typical home went under contract in 43 days in the latest three months.

Do homes in Anderson Island sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Anderson Island?

About 0.91% of a home’s value a year in Pierce County, or roughly $3,640 on a $400,000 home.

What is the median home price in Anderson Island?

The median sale price was $429,814 in the three months ending August 31, 2026, about $302 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