Is Ronald, WA 98940 a buyer’s or seller’s market?
Ronald is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Ronald housing market right now
In the three months ending August 31, 2026, 8% of homes in Ronald, WA 98940 sold above their list price, the typical home went under contract in 23 days and there were 5.9 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 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold faster (49 days then) and the median sale price fell 12% to $563,756. Overall, Ronald is more competitive than a year ago, so tougher for buyers.
Within Kittitas County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at Thorp 98946 (0% sold over asking) or South Cle Elum 98943 (0% sold over asking), while Roslyn 98941 (40% sold over asking) and Ellensburg 98926 (19% sold over asking) are even more competitive.
Run the numbers for 98940
Nearby markets
Cle Elum 98922Buyer’s market $457 /sq ftEaston 98925Balanced $446 /sq ftEllensburg 98926Seller’s market $264 /sq ftKittitas 98934Seller’s market $285 /sq ft Browse all markets →Where Ronald is
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Questions about Ronald real estate
Is Ronald a buyer’s or seller’s market?
A balanced market: there were 5.9 months of supply in Ronald, WA 98940 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 Ronald?
The typical home went under contract in 23 days in the latest three months.
Do homes in Ronald sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Ronald?
About 0.71% of a home’s value a year in Kittitas County, or roughly $2,840 on a $400,000 home.
What is the median home price in Ronald?
The median sale price was $563,756 in the three months ending August 31, 2026, about $359 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