Is Mazama, WA 98833 a buyer’s or seller’s market?
Mazama is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mazama housing market right now
In the three months ending August 31, 2026, 25% of homes in Mazama, WA 98833 sold above their list price, the typical home went under contract in 44 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 67%, homes sold more slowly (13 days then) and the median sale price rose 26% to $1,540,833. Overall, Mazama is less competitive than a year ago, which gives buyers more room.
Within Okanogan County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 64%.
Nearby, buyers who want less competition could look at Elmer City 99124 (0% sold over asking) or Wauconda 98859 (0% sold over asking), while Methow 98834 (50% sold over asking) and Pateros 98846 (33% sold over asking) are even more competitive.
Run the numbers for 98833
Nearby markets
Brewster 98812Buyer’s market $273 /sq ftCarlton 98814Buyer’s market $278 /sq ftConconully 98819 — /sq ftCoulee Dam 99116Buyer’s market $165 /sq ft Browse all markets →Where Mazama is
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Questions about Mazama real estate
Is Mazama a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Mazama, WA 98833 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 Mazama?
The typical home went under contract in 44 days in the latest three months.
Do homes in Mazama sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Mazama?
About 0.76% of a home’s value a year in Okanogan County, or roughly $3,040 on a $400,000 home.
What is the median home price in Mazama?
The median sale price was $1,540,833 in the three months ending August 31, 2026, about $524 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