Pierce County, WA Home Values & Market Trends

The median home price in Pierce County, WA is $523,619.49. There were 11,496 home sales in Pierce County, WA over the past 12 months. The median residential Pierce County, WA home value for transactions over the previous year is $488,188.783. The number of current listings in Pierce County, WA is 241, and the percentage of properties for sale is 241.00%. The county has 276 foreclosures, 13 bank owned properties, 250 headed for auction, and 241 properties for sale.

Pierce County, WA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Tacoma

$ 450,000

$ 311/sqft

Fife

$ 567,329

$ 251/sqft

Puyallup

$ 522,946

$ 261/sqft

Ashford

$ 694,124

$ 365/sqft

Bonney Lake

$ 643,494

$ 281/sqft

Dupont

$ 439,900

$ 286/sqft

Spanaway

$ 456,450

$ 274/sqft

Vaughn

$ 795,000

$ 247/sqft

Gig Harbor

$ 1,042,381

$ 362/sqft

Milton

$ 553,610

$ 343/sqft

Lakewood

$ 453,360

$ 260/sqft

Steilacoom

$ --

$ --

University Place

$ 655,649

$ 327/sqft

Mcchord Afb

$ --

$ --

Graham

$ 666,511

$ 283/sqft

South Prairie

$ --

$ --

Orting

$ 662,965

$ 285/sqft

La Grande

$ --

$ --

Anderson Island

$ 437,360

$ 288/sqft

Fox Island

$ --

$ --

Buckley

$ 581,404

$ 266/sqft

Elbe

$ --

$ --

Eatonville

$ 879,796

$ 247/sqft

Longmire

$ --

$ --

Roy

$ 750,000

$ 295/sqft

Wilkeson

$ --

$ --

Sumner

$ 551,632

$ 274/sqft

Carbonado

$ --

$ --

Lakebay

$ 862,184

$ 323/sqft

Longbranch

$ --

$ --

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Housing Market Summary for Pierce County, WA

Mar 2023February 2024Change
Median Listing Price$465K$514.9K10.73%
Median Sold Price$516.6K$514.9K-0.34%
Homes For Sale332233-29.82%
Homes Sold6,6846,563-1.81%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pierce County, WA

Pierce County, WA home values range from $19,201 to $10,639,042. Gig Harbor is the priciest city with a median listing home price of $974,725, and Anderson Island is most affordable with average house prices of around $425,000.

Foreclosure
There are 30 cities within Pierce County, WA; within these cities, the median estimated home value for homes in foreclosure ranges from $666,456 in Orting to the lowest value of $135,200 in Orting. Foreclosure homes account for 0.00% of properties in Pierce County, WA with Tacoma containing 110 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Pierce County, WA with Lakewood containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 30 cities within Pierce County, WA; of those cities, the estimated home value for pre-foreclosure homes ranges from $640,404 in Tacoma to the lowest home value of $216,443 in Lakewood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pierce County, WA ranges from the highest value of $488,000 in Bonney Lake to the lowest value of $135,200 in Orting. Bank owned homes and properties account for 0.00% of properties in Pierce County, WA. There are 30 cities within Pierce County, WA; Tacoma containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Tacoma has 102 auction properties, the highest number of properties going to auction in a single city in the state of Pierce County, WA. Auction homes and other auction properties account for 0.09% of all properties in Pierce County, WA. There are 30 cities within Pierce County, WA; of those cities, the median estimated home value for homes going to auction ranges from $2,800,000 in Sumner to the lowest value of $212,736 in Sumner.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Pierce County, WA with Tacoma containing 72 homes for sale, the highest number of listed properties in a single city. There are 30 cities within Pierce County, WA; homes for sale in those cities, have a range of median values from $795,000 in Vaughn to the lowest value of $230,475 in Tacoma.
    Sold Homes
    The median value for recently sold homes ranges from $2,785,230 in Fox Island to the lowest price of $24,248 in Fox Island. There are 30 cities within Pierce County, WA. Tacoma has 2226 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.29% of properties in Pierce County, WA.

      Compare Nearby Cities

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      Guide for Pierce County, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      See More Articles
      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.