University Place, WA Home Values & Market Trends

Real estate market trends reflect that there have been 314 transactions over the past year in University Place. The median value for residential home transactions that occurred over the previous year is $625,519.85. The number of current listings in University Place is 11, and the percentage of properties for sale in the city is 11.00%. University Place, WA currently has 5 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 11 properties for sale.

University Place, WA Real Estate Market Overview

ZipMedian Est. Value
98467

$ 627,760

$ 346/sqft

Housing Market Summary for University Place, WA

Mar 2023February 2024Change
Median Listing Price$550K$603K9.64%
Median Sold Price$599.8K$603K0.54%
Homes For Sale5980.00%
Homes Sold195194-0.51%
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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 University Place, WA

University Place home values range from $56,011 to $2,687,850. The median estimated value of a home in University Place is $625,519.85. The median list price of a home is 650,000, and the total count of properties in the city is 8,349.

Foreclosure
There is 1 zips within University Place, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $433,250 in 98467 to the lowest value of $380,710 in 98467. Foreclosure homes account for 0.00% of properties in University Place, WA with 98467 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in University Place, WA with 98467 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within University Place, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $433,250 in 98467 to the lowest home value of $433,250 in 98467.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in University Place, 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 University Place, WA. There is 1 zips within University Place, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98467 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of University Place, WA. Auction homes and other auction properties account for 0.05% of all properties in University Place, WA. There is 1 zips within University Place, WA; of that zips, the median estimated home value for homes going to auction ranges from $380,710 in 98467 to the lowest value of $380,710 in 98467.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in University Place, WA with 98467 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within University Place, WA; homes for sale in that zips, have a range of median values from $957,000 in 98467 to the lowest value of $320,190 in 98467.
    Sold Homes
    The median value for recently sold homes ranges from $1,565,920 in 98467 to the lowest price of $160,548 in 98467. There is 1 zips within University Place, WA. 98467 has 101 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.26% of properties in University Place, WA.

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      Guide for University Place, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      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

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      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.

      Recently Listed Homes University Place, WA

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