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Cedar View Ponderosa Estates

BONNEY LAKE, WA 98391

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

Neighborhoods in ZIP 98391

Cedar View · Ponderosa Estates

Market Analysis

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

The BONNEY LAKE, WA real estate market (98391) currently shows 270 active listings, with 105 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 54 days last year.

The median listing price has risen 2.4% year-over-year, from $779,981 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
270
⇧ 23.3% vs 219 last year
Pending
105
39% pending ratio
Median Price
$799,000
⇧ 2.4% vs $779,981 last year
Average Price
$873,344
⇩ 1.5% vs $886,591 last year
Days on Market
81
⇧ 50% vs 54 days last year

Price Per Square Foot

Median $/sqft
$300
⇩ 6.8% vs $322/sqft last year
Median Home Size
2,666 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 270 this year vs 219 last year
  • Days on market: 81 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $799,000 (+2.4% YoY)
  • Average: $873,344 (-1.5% 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 12.8 miles — 1,094 listings ($801,937,714 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98391Bonney Lake, WA 983910.0 mi252$219,116,016$780,000$869,508
98372Puyallup, WA 983724.8 mi39$26,602,173$675,000$682,107
98374Puyallup, WA 983745.3 mi188$122,542,348$629,999$651,821
98371Puyallup, WA 983717.1 mi80$56,422,240$689,450$705,278
98092Auburn, WA 980928.0 mi98$85,885,632$754,975$876,384
98375Puyallup, WA 983758.7 mi86$49,054,142$569,950$570,397
98424Fife, WA 984249.3 mi14$9,050,706$577,500$646,479
98443Tacoma, WA 984439.7 mi10$8,936,060$840,000$893,606
98360Orting, WA 9836010.0 mi60$36,312,000$579,925$605,200
98003Federal Way, WA 9800311.1 mi82$45,283,598$525,000$552,239
98404Tacoma, WA 9840411.4 mi76$36,230,948$450,000$476,723
98010Black Diamond, WA 9801012.3 mi60$54,144,420$749,475$902,407
98422Tacoma, WA 9842212.8 mi49$52,357,431$799,925$1,068,519

Frequently Asked Questions

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

As of February 2026, there are 270 active listings in BONNEY LAKE, WA (zip code 98391), compared to 219 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 February 2026, a 2.4% increase from $779,981 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 81 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 BONNEY LAKE, WA 98391?

Based on current inventory and days-on-market data as of February 2026, BONNEY LAKE, WA 98391 is currently a Buyer's Market. Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 54 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.