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ANDERSON ISLAND, WA 98303

Real Estate Market Report  ·  Pierce County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The ANDERSON ISLAND, WA real estate market (98303) currently shows 40 active listings, with 6 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 54 days on market compared to 82 days last year.

The median listing price has fallen 16.3% year-over-year, from $584,500 to $489,000.

Whether you are buying or selling in ANDERSON ISLAND, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,621  ·  Density: 78.9/mi²  ·  Median household income: $92,933

Typical home value: $450,985  ·  Homeownership: 100.0%

Market Overview

Active Listings
40
⇧ 14.3% vs 35 last year
Pending
6
15% pending ratio
Median Price
$489,000
⇩ 16.3% vs $584,500 last year
Average Price
$561,474
⇩ 10.2% vs $625,131 last year
Days on Market
54
⇩ 34.1% vs 82 days last year

Price Per Square Foot

Median $/sqft
$295
⇩ 3.9% vs $307/sqft last year
Median Home Size
1,581 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 35 last year
  • Days on market: 54 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $489,000 (-16.3% YoY)
  • Average: $561,474 (-10.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.7 miles — 630 listings ($467,795,436 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98303Anderson Island, WA 983030.0 mi9$5,454,171$550,250$606,019
98351Longbranch, WA 983514.4 mi7$10,604,650$875,000$1,514,950
98516Olympia, WA 985165.6 mi99$71,395,038$608,075$721,162
98333Fox Island, WA 983337.2 mi17$29,405,988$1,247,000$1,729,764
98349Lakebay, WA 983498.1 mi27$25,785,351$590,500$955,013
98499Lakewood, WA 984999.3 mi54$42,454,044$536,238$786,186
98503Lacey, WA 9850310.2 mi66$33,701,052$511,249$510,622
98335Gig Harbor, WA 9833510.5 mi81$88,970,238$887,000$1,098,398
98513Olympia, WA 9851311.6 mi127$61,537,469$479,875$484,547
98394Vaughn, WA 9839411.7 mi3$4,280,001$1,256,000$1,426,667
98408Tacoma, WA 9840812.4 mi59$28,159,402$449,475$477,278
98407Tacoma, WA 9840712.8 mi59$48,959,026$695,425$829,814
98403Tacoma, WA 9840313.7 mi22$17,089,006$668,725$776,773

Frequently Asked Questions

How many homes are for sale in ANDERSON ISLAND, WA 98303?

As of July 2026, there are 40 active listings in ANDERSON ISLAND, WA (zip code 98303), compared to 35 the prior year.

What is the median home price in ANDERSON ISLAND, WA 98303?

The median listing price in ANDERSON ISLAND, WA 98303 is $489,000 as of July 2026, a 16.3% decrease from $584,500 the prior year.

How long do homes stay on the market in ANDERSON ISLAND, WA?

Homes in ANDERSON ISLAND, WA 98303 spend an average of 54 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in ANDERSON ISLAND, WA 98303?

Based on current inventory and days-on-market data as of July 2026, ANDERSON ISLAND, WA 98303 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 54 days on market compared to 82 days last year.

How much can I save on real estate commission in ANDERSON ISLAND, WA?

With SELL123.com's maximum 3% commission, sellers in ANDERSON ISLAND, WA 98303 save an estimated $9,780 compared to a typical 5% commission on the median listing price of $489,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.