Gig Harbor, WA Home Values & Market Trends

Real estate market trends reflect that there have been 874 transactions over the past year in Gig Harbor. The median value for residential home transactions that occurred over the previous year is $756,834.83. The number of current listings in Gig Harbor is 16, and the percentage of properties for sale in the city is 16.00%. Gig Harbor, WA currently has 8 properties in foreclosure, 0 bank owned properties, 8 properties headed for auction, and 16 properties for sale.

Gig Harbor, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98332

$ 1,216,071

$ 450/sqft

98329

$ 413,816

$ 340/sqft

98335

$ 1,042,381

$ 350/sqft

Housing Market Summary for Gig Harbor, WA

Mar 2023February 2024Change
Median Listing Price$630K$785.9K24.74%
Median Sold Price$770.4K$785.9K2.00%
Homes For Sale2416-33.33%
Homes Sold5235586.69%
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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 Gig Harbor, WA

Gig Harbor home values range from $35,400 to $9,292,715. The median estimated value of a home in Gig Harbor is $756,834.83. The median list price of a home is 974,725, and the total count of properties in the city is 21,743.

Foreclosure
There are 3 zips within Gig Harbor, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $5,199,375 in 98332 to the lowest value of $399,999 in 98332. Foreclosure homes account for 0.00% of properties in Gig Harbor, WA with 98332 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Gig Harbor, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Gig Harbor, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gig Harbor, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Gig Harbor, WA. There are 3 zips within Gig Harbor, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98332 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Gig Harbor, WA. Auction homes and other auction properties account for 0.04% of all properties in Gig Harbor, WA. There are 3 zips within Gig Harbor, WA; of those zips, the median estimated home value for homes going to auction ranges from $780,442 in 98335 to the lowest value of $399,999 in 98335.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Gig Harbor, WA with 98332 containing 8 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Gig Harbor, WA; homes for sale in those zips, have a range of median values from $3,762,577 in 98332 to the lowest value of $413,816 in 98329.
    Sold Homes
    The median value for recently sold homes ranges from $8,365,700 in 98335 to the lowest price of $57,935 in 98335. There are 3 zips within Gig Harbor, WA. 98335 has 247 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.47% of properties in Gig Harbor, WA.

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      Guide for Gig Harbor, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      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 Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Recently Listed Homes Gig Harbor, WA

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