Pierce County, WA Home Values & Market Trends

The median home price in Pierce County, WA is $523,615.91. There were 11,888 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 $488,666.981. The number of current listings in Pierce County, WA is 257, and the percentage of properties for sale is 257.00%. The county has 282 foreclosures, 14 bank owned properties, 248 headed for auction, and 257 properties for sale.

Pierce County, WA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Tacoma

$ 450,000

$ 323/sqft

Fife

$ 567,292

$ 251/sqft

Puyallup

$ 522,250

$ 262/sqft

Ashford

$ 560,000

$ 295/sqft

Bonney Lake

$ 746,507

$ 285/sqft

Fox Island

$ 854,069

$ 249/sqft

Gig Harbor

$ 949,950

$ 359/sqft

Vaughn

$ 792,959

$ 246/sqft

Spanaway

$ 458,832

$ 277/sqft

Steilacoom

$ --

$ --

Lakewood

$ 450,000

$ 240/sqft

Mcchord Afb

$ --

$ --

University Place

$ 621,804

$ 348/sqft

South Prairie

$ --

$ --

Graham

$ 663,364

$ 268/sqft

Dupont

$ --

$ --

Anderson Island

$ 437,486

$ 281/sqft

La Grande

$ --

$ --

Orting

$ 675,000

$ 285/sqft

Elbe

$ --

$ --

Buckley

$ 626,651

$ 294/sqft

Longmire

$ --

$ --

Lakebay

$ 405,598

$ 318/sqft

Wilkeson

$ --

$ --

Roy

$ 730,000

$ 287/sqft

Carbonado

$ --

$ --

Sumner

$ 587,947

$ 294/sqft

Longbranch

$ --

$ --

Eatonville

$ 569,950

$ 285/sqft

Milton

$ --

$ --

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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
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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. Fox Island is the priciest city with a median listing home price of $999,950, 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 $732,000 in Orting to the lowest value of $201,382 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 0.01% of all residential properties in Pierce County, WA with Puyallup containing 6 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 $679,966 in University Place to the lowest home value of $209,453 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 $201,382 in Orting. Bank owned homes and properties account for 0.01% 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 100 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 $1,400,000 in Sumner to the lowest value of $212,976 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 73 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 $854,069 in Fox Island to the lowest value of $203,125 in Tacoma.
    Sold Homes
    The median value for recently sold homes ranges from $683,004 in Carbonado to the lowest price of $23,910 in Carbonado. There are 30 cities within Pierce County, WA. Tacoma has 2234 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.32% 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
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      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

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.