Is Malaga, WA 98828 a buyer’s or seller’s market?
Malaga is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Malaga housing market right now
In the three months ending August 31, 2026, 44% of homes in Malaga, WA 98828 sold above their list price, the typical home went under contract in 6 days and there were 4.6 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 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (43% then), homes sold about as fast and the median sale price rose 7% to $549,262. Overall, Malaga is about as competitive as it was a year ago.
Within Chelan County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Peshastin 98847 (0% sold over asking) or Manson 98831 (0% sold over asking).
Run the numbers for 98828
Nearby markets
Ardenvoir 98811 — /sq ftCashmere 98815Seller’s market $310 /sq ftChelan 98816Buyer’s market $421 /sq ftChelan Falls 98817 — /sq ft Browse all markets →Towns like Malaga nearby
Find towns like Malaga in other states →Where Malaga is
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Questions about Malaga real estate
Is Malaga a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Malaga, WA 98828 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 Malaga?
The typical home went under contract in 6 days in the latest three months.
Do homes in Malaga sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Malaga?
About 0.71% of a home’s value a year in Chelan County, or roughly $2,840 on a $400,000 home.
What is the median home price in Malaga?
The median sale price was $549,262 in the three months ending August 31, 2026, about $294 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