Is Moses Lake, WA 98837 a buyer’s or seller’s market?

The Moses Lake housing market right now

In the three months ending August 31, 2026, 16% of homes in Moses Lake, WA 98837 sold above their list price, the typical home went under contract in 54 days and there were 5 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. That’s based on 164 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (42 days then) and the median sale price held steady to $373,399. Overall, Moses Lake is less competitive than a year ago, which gives buyers more room.

Within Grant County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Moses Lake ranks #262 of 298 WA ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Hartline 99135 (0% sold over asking) or Electric City 99123 (0% sold over asking), while Royal City 99357 (36% sold over asking) and Ephrata 98823 (24% sold over asking) are even more competitive.