University Place, WA Home Values & Market Trends
Real estate market trends reflect that there have been 375 transactions over the past year in University Place. The median value for residential home transactions that occurred over the previous year is $690,592. The number of current listings in University Place is 670, and the percentage of properties for sale in the city is 670.00%. University Place, WA currently has 9 properties in foreclosure, 2 bank owned properties, 7 properties headed for auction, and 670 properties for sale.
University Place, WA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 98467 | $ 694,704 $ 336/sqft |
Housing Market Summary for University Place, WA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $688K | $685K | -0.44% |
| Median Sold Price | $679.6K | $675K | -0.68% |
| Homes For Sale | 443 | 663 | 49.66% |
| Homes Sold | 136 | 108 | -20.59% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in University Place, WA
Browse Homes in University Place, WA
University Place home values range from $219,975 to $2,397,223. The median estimated value of a home in University Place is $690,592. The median list price of a home is 684,950, and the total count of properties in the city is 796.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in University Place, WA with $[pre-foreclosures-highest-count-region] containing 0 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 $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in University Place, WA ranges from the highest value of $799,000 in 98467 to the lowest value of $455,013 in 98467. Bank owned homes and properties account for 0.25% of properties in University Place, WA. There is 1 zips within University Place, WA; 98467 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98467 has 6 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 0.88% 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 $655,526 in 98467 to the lowest value of $301,077 in 98467.
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More Real Estate Resources for University Place, WA
Guide for University Place, WA
Washington Foreclosure Laws
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
