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PACKWOOD, WA 98361

Real Estate Market Report  ·  Lewis County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PACKWOOD, WA real estate market (98361) currently shows 12 active listings, with 4 pending sales. Homes are averaging 147 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 147 days on market compared to 57 days last year.

The median listing price has risen 6.6% year-over-year, from $699,000 to $745,000.

Whether you are buying or selling in PACKWOOD, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 420  ·  Density: 0.5/mi²  ·  Median household income: $55,208

Typical home value: $247,702  ·  Homeownership: 91.9%

Market Overview

Active Listings
12
⇩ 20% vs 15 last year
Pending
4
33% pending ratio
Median Price
$745,000
⇧ 6.6% vs $699,000 last year
Average Price
$839,874
⇧ 7.8% vs $779,108 last year
Days on Market
147
⇧ 157.9% vs 57 days last year

Price Per Square Foot

Median $/sqft
$452
⇧ 1.3% vs $446/sqft last year
Median Home Size
1,893 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 15 last year
  • Days on market: 147 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $745,000 (+6.6% YoY)
  • Average: $839,874 (+7.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 45.4 miles — 430 listings ($272,169,467 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98361Packwood, WA 983610.0 mi9$6,970,392$751,250$774,488
98304Ashford, WA 9830418.7 mi10$5,363,350$430,000$536,335
98355Mineral, WA 9835523.0 mi2$900,000$450,000$450,000
98903Yakima, WA 9890331.9 mi57$33,757,452$496,105$592,236
98328Eatonville, WA 9832832.9 mi34$29,886,680$786,249$879,020
98947Tieton, WA 9894736.0 mi16$5,798,240$365,000$362,390
98396Wilkeson, WA 9839639.2 mi2$1,867,500$933,750$933,750
98923Cowiche, WA 9892340.2 mi2$1,202,400$601,200$601,200
98908Yakima, WA 9890840.7 mi143$78,071,851$450,000$545,957
98385South Prairie, WA 9838543.2 mi1$450,000$450,000$450,000
98338Graham, WA 9833843.4 mi93$69,032,877$657,500$742,289
98942Selah, WA 9894243.8 mi55$30,670,475$522,450$557,645
98650Trout Lake, WA 9865045.4 mi6$8,198,250$1,424,250$1,366,375

Frequently Asked Questions

How many homes are for sale in PACKWOOD, WA 98361?

As of March 2026, there are 12 active listings in PACKWOOD, WA (zip code 98361), compared to 15 the prior year.

What is the median home price in PACKWOOD, WA 98361?

The median listing price in PACKWOOD, WA 98361 is $745,000 as of March 2026, a 6.6% increase from $699,000 the prior year.

How long do homes stay on the market in PACKWOOD, WA?

Homes in PACKWOOD, WA 98361 spend an average of 147 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in PACKWOOD, WA 98361?

Based on current inventory and days-on-market data as of March 2026, PACKWOOD, WA 98361 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 147 days on market compared to 57 days last year.

How much can I save on real estate commission in PACKWOOD, WA?

With SELL123.com's maximum 3% commission, sellers in PACKWOOD, WA 98361 save an estimated $14,900 compared to a typical 5% commission on the median listing price of $745,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.