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Cedar View Ponderosa Estates

BONNEY LAKE, WA 98391

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98391

Cedar View · Ponderosa Estates

Market Analysis

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

The BONNEY LAKE, WA real estate market (98391) currently shows 289 active listings, with 116 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 36 days last year.

The median listing price has risen 5.1% year-over-year, from $760,000 to $799,000.

Whether you are buying or selling in BONNEY LAKE, 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: 56,646  ·  Density: 570.1/mi²  ·  Median household income: $122,822

Typical home value: $516,138  ·  Homeownership: 86.2%

Market Overview

Active Listings
289
⇧ 14.2% vs 253 last year
Pending
116
40% pending ratio
Median Price
$799,000
⇧ 5.1% vs $760,000 last year
Average Price
$897,973
⇧ 5% vs $855,167 last year
Days on Market
49
⇧ 36.1% vs 36 days last year

Price Per Square Foot

Median $/sqft
$307
⇩ 2.2% vs $314/sqft last year
Median Home Size
2,596 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 289 this year vs 253 last year
  • Days on market: 49 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $799,000 (+5.1% YoY)
  • Average: $897,973 (+5% 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 12.7 miles — 914 listings ($683,117,433 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98391Bonney Lake, WA 983910.0 mi270$235,802,880$799,000$873,344
98385South Prairie, WA 983854.6 mi1$450,000$450,000$450,000
98321Buckley, WA 983215.3 mi91$74,929,400$749,970$823,400
98047Pacific, WA 980476.8 mi2$826,000$413,000$413,000
98373Puyallup, WA 983737.4 mi62$38,685,396$597,500$623,958
98354Milton, WA 983548.4 mi20$13,989,320$642,500$699,466
98396Wilkeson, WA 983969.1 mi2$1,867,500$933,750$933,750
98002Auburn, WA 980029.3 mi56$27,021,512$472,500$482,527
98446Tacoma, WA 9844610.0 mi62$42,145,802$665,900$679,771
98001Auburn, WA 9800110.1 mi49$37,331,042$755,988$761,858
98445Tacoma, WA 9844511.4 mi112$67,460,400$583,000$602,325
98338Graham, WA 9833812.0 mi93$69,032,877$657,500$742,289
98023Federal Way, WA 9802312.7 mi94$73,575,304$724,950$782,716

Frequently Asked Questions

How many homes are for sale in BONNEY LAKE, WA 98391?

As of March 2026, there are 289 active listings in BONNEY LAKE, WA (zip code 98391), compared to 253 the prior year.

What is the median home price in BONNEY LAKE, WA 98391?

The median listing price in BONNEY LAKE, WA 98391 is $799,000 as of March 2026, a 5.1% increase from $760,000 the prior year.

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

Homes in BONNEY LAKE, WA 98391 spend an average of 49 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in BONNEY LAKE, WA 98391?

Based on current inventory and days-on-market data as of March 2026, BONNEY LAKE, WA 98391 is currently a Buyer's Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BONNEY LAKE, WA 98391 save an estimated $15,980 compared to a typical 5% commission on the median listing price of $799,000. 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.