Gig Harbor, WA Home Values & Market Trends

Real estate market trends reflect that there have been 1,023 transactions over the past year in Gig Harbor. The median value for residential home transactions that occurred over the previous year is $874,950. The number of current listings in Gig Harbor is 1,652, and the percentage of properties for sale in the city is 1652.00%. Gig Harbor, WA currently has 18 properties in foreclosure, 4 bank owned properties, 12 properties headed for auction, and 1,652 properties for sale.

Gig Harbor, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98335

$ 899,061

$ 396/sqft

98329

$ 649,813

$ 359/sqft

98332

$ 961,703

$ 395/sqft

Housing Market Summary for Gig Harbor, WA

Sep 2025September 2026Change
Median Listing Price$875K$870K-0.57%
Median Sold Price$880.1K$937.3K6.50%
Homes For Sale1,1601,63641.03%
Homes Sold432336-22.22%
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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 $315,328 to $12,800,000. The median estimated value of a home in Gig Harbor is $874,950. The median list price of a home is 863,750, and the total count of properties in the city is 2,025.

Foreclosure
There are 3 zips within Gig Harbor, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,339,622 in 98329 to the lowest value of $411,016 in 98329. Foreclosure homes account for 0.00% of properties in Gig Harbor, WA with 98335 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Gig Harbor, WA with 98332 containing 2 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 $1,209,786 in 98332 to the lowest home value of $892,787 in 98332.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gig Harbor, WA ranges from the highest value of $892,460 in 98335 to the lowest value of $456,918 in 98332. Bank owned homes and properties account for 0.20% of properties in Gig Harbor, WA. There are 3 zips within Gig Harbor, WA; 98329 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98335 has 7 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 0.59% 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 $1,339,622 in 98335 to the lowest value of $411,016 in 98335.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.58% of residential properties in Gig Harbor, WA with 98335 containing 744 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 $8,900,000 in 98335 to the lowest value of $315,328 in 98329.
    Sold Homes
    The median value for recently sold homes ranges from $4,454,206 in 98332 to the lowest price of $319,702 in 98332. There are 3 zips within Gig Harbor, WA. 98335 has 156 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 16.64% of properties in Gig Harbor, WA.

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      Guide for Gig Harbor, WA

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.