Unshakable ZIP Data 98851 | Soap Lake, WA Housing Market
Soap Lake · Grant County · Moses Lake, WA metro · Washington · Data updated June 19, 2026
The median sale price in ZIP 98851, Soap Lake, Washington is $349,896 at $261 per square foot. 11 single-family homes sold in the latest period, up 88.8 percent from a year earlier. Homes sit a median of 57 days on market with 9.3 months of supply. Sellers are getting 100.3 percent of list price and 18.2 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $311,333 | |
| Average price per sq ft | $232 | |
| Median sale price | $349,896 | |
| Median sale price per sq ft | $261 | |
| Median home size | 1,342 sq ft | |
| Median new listing price | $395,618 | +7.2% |
| National size rank | 11,596 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 11 | +88.8% |
| Median days on market | 57 days | |
| Months of supply | 9.3 months | |
| New listings | 29 | +1.5% |
| Active listings | 47 | +5.9% |
| Pending sales | 12 | -24.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.3% | +1.5 pts |
| Share sold above list | 18.2% | +18.2 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$233,033
3-bedroom
$352,302
4-bedroom
$417,873
These figures describe the single-family market for Soap Lake, Washington ZIP 98851. They are market context, not a substitute for sold comps or a formal appraisal.