Published November 1, 2026 in Market Update

Slabtown & Hillside has more new listings, but sales are still flat

By Becky Jackson

Real estate, Slabtown & Hillside

Here is the one thing that changes what you should do right now. Freddie Mac put the average 30-year fixed rate at 7.24% as of October 29, 2026. That is real money on a monthly payment, and it is slowing buyers down across the country.

So what does that mean for you in Slabtown and Hillside? More competition if you are selling, and a few more choices if you are buying. The Real Estate Data Aggregator counted 171 new listings across ZIPs 97201, 97210 and 97205 in the three months ending August 31, 2026. That is up 11.8% from the same months of 2025.

Pending sales, though, barely moved. The Real Estate Data Aggregator counted 140 pending sales across the market in the same period. That is up just 0.7% from a year before. More homes came on. Demand did not keep up.

That gap between new listings and flat sales is the story. Sellers have more neighbors to compete with. Buyers have a wider menu, but the rate makes each choice expensive. Realtor.com reported that price cuts hit 20.8% of listings nationally in September 2026, the highest share since October 2022. That is a national number, not a local one, but it shows where buyer power is heading.

How each ZIP code read in the three months ending August 31, 2026

The three ZIP codes inside this market are telling different stories. That matters if you own a home here.

ZIP 97201: prices up, but homes are sitting longer

The Real Estate Data Aggregator put the median sale price in 97201 at $439,000 for the three months ending August 31, 2026. That is up 7.9% from the same months of 2025. Good news on price. But the median days on market was 69 days, and new listings were down 8.3%. Fewer homes came on, and the ones that did took a while to move.

ZIP 97210: fastest sales, but the price dipped

ZIP 97210 is moving faster than the other two. The Real Estate Data Aggregator counted a median of 35 days on market in the three months ending August 31, 2026. That is 15 days shorter than a year before. Nearly 3 in 10 homes, or 30.4%, went under contract within two weeks of listing, up 11.9 points from 2025. That is real speed. The catch: the median sale price slipped to $849,000, down 5.7% from 2025. Homes are selling faster, but sellers are accepting a little less.

ZIP 97205: prices jumped, but homes are waiting the longest

ZIP 97205 shows the sharpest price jump. The Real Estate Data Aggregator put the median sale price at $457,500 for the three months ending August 31, 2026, up 34.6% from the same months of 2025. That is a big move. But the median days on market was 89 days, 18 days longer than a year before. New listings rose 34.8%. More homes came on, prices climbed, and yet homes are sitting longer. That combination tells sellers to price carefully.

What the rate means for both sides

Freddie Mac reported the 15-year fixed rate at 6.60% as of October 29, 2026. Some buyers use that to lower their payment. But most still face the 7.24% headline rate. Zillow reported that newly pending sales fell 8.5% year over year in September 2026. That matches what the Real Estate Data Aggregator shows here: pending sales in Slabtown and Hillside rose only 0.7% across the same period. Buyers are cautious, not absent.

For sellers, more listings mean more competition. Pricing at or just below what recently sold nearby is more important now than it was a year ago. For buyers, 5.9 months of supply in 97201 and 6.3 months in 97205 give you room to ask questions and negotiate. ZIP 97210 at 5.1 months is tighter, and the speed there shows it.

One street can read very differently from the ZIP code around it. A block with newer builds, a view, or a walkable corner can move faster and close higher than the median suggests. The numbers above are the starting point, not the whole answer for your home.