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EPHRATA, WA 98823

Real Estate Market Report  ·  Grant County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇧ 5.7% vs 53 last year
Pending
10
18% pending ratio
Median Price
$410,000
⇧ 3.1% vs $397,498 last year
Average Price
$425,854
⇩ 5.8% vs $451,884 last year
Days on Market
106
⇩ 8.6% vs 116 days last year

Market Context

Population: 12,638  ·  Density: 16.4/mi²  ·  Median household income: $67,031

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

Market Analysis

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

The EPHRATA, WA real estate market (98823) currently shows 56 active listings, with 10 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 106 days on market compared to 116 days last year.

The median listing price has risen 3.1% year-over-year, from $397,498 to $410,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 53 last year
  • Days on market: 106 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $410,000 (+3.1% YoY)
  • Average: $425,854 (-5.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 44.5 miles — 595 listings ($328,819,766 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98823Ephrata, WA 988230.0 mi56$23,847,824$410,000$425,854
98848Quincy, WA 9884815.0 mi74$43,887,180$435,000$593,070
98837Moses Lake, WA 9883720.0 mi212$104,032,640$399,000$490,720
98828Malaga, WA 9882825.8 mi10$11,457,880$598,250$1,145,788
98858Waterville, WA 9885826.2 mi7$3,582,586$550,000$511,798
99357Royal City, WA 9935730.9 mi15$7,178,910$350,000$478,594
98801Wenatchee, WA 9880133.7 mi106$70,287,434$565,000$663,089
98817Chelan Falls, WA 9881735.4 mi2$978,000$489,000$489,000
98950Vantage, WA 9895037.9 mi1$859,950$859,950$859,950
98926Ellensburg, WA 9892641.4 mi84$52,226,076$579,000$621,739
99159Odessa, WA 9915941.8 mi13$3,931,707$249,900$302,439
99349Mattawa, WA 9934942.1 mi12$5,699,580$409,000$474,965
98934Kittitas, WA 9893444.5 mi3$849,999$295,000$283,333

Frequently Asked Questions

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

As of January 2026, there are 56 active listings in EPHRATA, WA (zip code 98823), compared to 53 the prior year.

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

The median listing price in EPHRATA, WA 98823 is $410,000 as of January 2026, a 3.1% increase from $397,498 the prior year.

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

Homes in EPHRATA, WA 98823 spend an average of 106 days on the market before going under contract, compared to 116 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 January 2026, EPHRATA, WA 98823 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 106 days on market compared to 116 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 $8,200 compared to a typical 5% commission on the median listing price of $410,000. 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.