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EPHRATA, WA 98823

Real Estate Market Report  ·  Grant County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The EPHRATA, WA real estate market (98823) currently shows 63 active listings, with 13 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 54 days last year.

The median listing price has risen 9.2% year-over-year, from $380,000 to $415,000.

Whether you are buying or selling in EPHRATA, 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: 12,638  ·  Density: 16.4/mi²  ·  Median household income: $67,031

Typical home value: $211,705  ·  Homeownership: 68.5%

Market Overview

Active Listings
63
⇧ 6.8% vs 59 last year
Pending
13
21% pending ratio
Median Price
$415,000
⇧ 9.2% vs $380,000 last year
Average Price
$417,416
⇧ 3.1% vs $404,990 last year
Days on Market
68
⇧ 25.9% vs 54 days last year

Price Per Square Foot

Median $/sqft
$241
⇩ 5.9% vs $256/sqft last year
Median Home Size
1,604 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 59 last year
  • Days on market: 68 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $415,000 (+9.2% YoY)
  • Average: $417,416 (+3.1% 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 46.5 miles — 574 listings ($322,975,313 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98823Ephrata, WA 988230.0 mi59$24,383,225$408,686$413,275
98848Quincy, WA 9884815.0 mi64$39,125,184$435,500$611,331
98837Moses Lake, WA 9883720.0 mi212$103,936,392$402,625$490,266
99115Coulee City, WA 9911525.8 mi4$2,013,000$534,500$503,250
98802East Wenatchee, WA 9880226.9 mi108$79,232,472$680,725$733,634
99135Hartline, WA 9913533.4 mi2$1,063,000$531,500$531,500
98843Orondo, WA 9884334.6 mi4$3,449,968$827,475$862,492
98950Vantage, WA 9895037.9 mi1$859,950$859,950$859,950
98926Ellensburg, WA 9892641.4 mi91$55,015,779$557,949$604,569
99159Odessa, WA 9915941.8 mi10$3,046,920$220,000$304,692
99349Mattawa, WA 9934942.1 mi13$5,821,426$399,000$447,802
98934Kittitas, WA 9893444.5 mi3$829,998$295,000$276,666
98847Peshastin, WA 9884746.5 mi3$4,197,999$725,000$1,399,333

Frequently Asked Questions

How many homes are for sale in EPHRATA, WA 98823?

As of April 2026, there are 63 active listings in EPHRATA, WA (zip code 98823), compared to 59 the prior year.

What is the median home price in EPHRATA, WA 98823?

The median listing price in EPHRATA, WA 98823 is $415,000 as of April 2026, a 9.2% increase from $380,000 the prior year.

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

Homes in EPHRATA, WA 98823 spend an average of 68 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in EPHRATA, WA 98823?

Based on current inventory and days-on-market data as of April 2026, EPHRATA, WA 98823 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in EPHRATA, WA 98823 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $415,000. 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.