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Featured local agent — Algona, WA
Sarah Mitchell
Compass Real Estate · Algona, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Algona, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$559,000median sale price
How is the Algona, WA housing market right now?
The median home sale price in Algona, WA is $559,000, up 5.5% year-over-year. Homes sell in an average of 26 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Algona a buyer's or seller's market?
Algona, WA is currently a balanced market, based on 3.0 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
26
Average pace
Active listings
3
3.0 months supply
Sale-to-list
99.8%
Below asking
What does the Algona housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $559,000 |
| Median list price | $535,000 |
| Year-over-year price change | +5.5% |
| Average days on market | 26 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $378/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Algona by property type?
How the Algona, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $559,000 | $378/sq ft | 1 | 26 days |
| Townhouse | $350,000 | $229/sq ft | 1 | 203 days |
Source: Redfin · Updated monthly
The Algona housing market is currently classified as a balanced market with a median sale price of $559,000. Prices have risen 5.5% compared to last year, with homes spending an average of 26 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Homes for sale in Algona
There are currently 3 homes listed for sale in Algona, Washington. The median listing price is $535K.
Active listings
3
Homes on market
Median list price
$535K
Avg. days on market
26
Days until sale
New this week
1
Newly listed
Who lives in Algona?
Population
3,239
Median income
$84,583/yr
Median age
32.5 years
Owner-occupied
82.5%
College grads
15.5%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Algona?
Zillow home value
$532,038
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Algona?
Algona is a community of approximately 3K residents with a median age of 32.5 years.The median household income is $84,583, which reflects a relatively affluent area with strong earning potential. 15.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Algona offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Algona, WA?
Want a head-to-head view? Compare Algona side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Algona?
The median home sale price in Algona is $559,000, up 5.5% from last year.
How long do homes stay on market in Algona?
Homes typically spend 26 days on market before going under contract.
What is the median income in Algona?
The median household income is $84,583 per year.
Is Algona a buyer's or seller's market?
With 3.0 months of supply, Algona is currently a balanced market.
What is the Zillow home value estimate for Algona?
The Zillow Home Value Index (ZHVI) for Algona is $532,038, representing the typical home value in the area.
How much does a single-family home cost in Algona?
The median single-family home price in Algona, WA is $559,000 (about $378 per square foot).
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