Population: 5,196 · Density: 13.7/mi² · Median household income: $64,810
Typical home value: $199,001 · Homeownership: 73.2%
Data as of January 2026. Source: Realtor.com.
The SOAP LAKE, WA real estate market (98851) currently shows 21 active listings, with 5 pending sales. Homes are averaging 97 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 selling faster, averaging 97 days on market compared to 99 days last year.
The median listing price has risen 31.9% year-over-year, from $367,500 to $484,900.
Whether you are buying or selling in SOAP 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98851 | Soap Lake, WA 98851 | 0.0 mi | 21 | $11,155,431 | $484,900 | $531,211 |
| 98860 | Wilson Creek, WA 98860 | 14.9 mi | 0 | $0 | $329,000 | $329,000 |
| 98837 | Moses Lake, WA 98837 | 19.6 mi | 212 | $104,032,640 | $399,000 | $490,720 |
| 98848 | Quincy, WA 98848 | 25.7 mi | 74 | $43,887,180 | $435,000 | $593,070 |
| 98850 | Rock Island, WA 98850 | 28.1 mi | 7 | $4,208,225 | $582,450 | $601,175 |
| 98830 | Mansfield, WA 98830 | 32.5 mi | 3 | $1,227,999 | $399,000 | $409,333 |
| 98802 | East Wenatchee, WA 98802 | 34.5 mi | 102 | $69,370,200 | $659,900 | $680,100 |
| 98828 | Malaga, WA 98828 | 35.9 mi | 10 | $11,457,880 | $598,250 | $1,145,788 |
| 98843 | Orondo, WA 98843 | 37.4 mi | 4 | $2,964,952 | $650,000 | $741,238 |
| 99357 | Royal City, WA 99357 | 38.2 mi | 15 | $7,178,910 | $350,000 | $478,594 |
| 98801 | Wenatchee, WA 98801 | 42.5 mi | 106 | $70,287,434 | $565,000 | $663,089 |
| 99133 | Grand Coulee, WA 99133 | 43.3 mi | 6 | $1,428,900 | $179,500 | $238,150 |
| 99116 | Coulee Dam, WA 99116 | 47.2 mi | 4 | $1,312,000 | $335,000 | $328,000 |
As of January 2026, there are 21 active listings in SOAP LAKE, WA (zip code 98851), compared to 17 the prior year.
The median listing price in SOAP LAKE, WA 98851 is $484,900 as of January 2026, a 31.9% increase from $367,500 the prior year.
Homes in SOAP LAKE, WA 98851 spend an average of 97 days on the market before going under contract, compared to 99 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SOAP LAKE, WA 98851 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 97 days on market compared to 99 days last year.
With SELL123.com's maximum 3% commission, sellers in SOAP LAKE, WA 98851 save an estimated $9,698 compared to a typical 5% commission on the median listing price of $484,900. 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.