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MILTON, WA 98354

Real Estate Market Report  ·  Pierce County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MILTON, WA real estate market (98354) currently shows 26 active listings, with 6 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 47 days last year.

The median listing price has risen 31.9% year-over-year, from $564,950 to $744,975.

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Market Context

Market Context

Population: 8,146  ·  Density: 1,110.1/mi²  ·  Median household income: $91,338

Typical home value: $432,296  ·  Homeownership: 56.8%

Market Overview

Active Listings
26
⇧ 160% vs 10 last year
Pending
6
23% pending ratio
Median Price
$744,975
⇧ 31.9% vs $564,950 last year
Average Price
$705,589
⇧ 7.6% vs $655,786 last year
Days on Market
86
⇧ 83% vs 47 days last year

Price Per Square Foot

Median $/sqft
$332
⇧ 13.7% vs $292/sqft last year
Median Home Size
2,461 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 10 last year
  • Days on market: 86 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $744,975 (+31.9% YoY)
  • Average: $705,589 (+7.6% 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 9.0 miles — 842 listings ($617,492,648 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98354Milton, WA 983540.0 mi20$13,989,320$642,500$699,466
98047Pacific, WA 980473.2 mi2$826,000$413,000$413,000
98003Federal Way, WA 980033.8 mi90$51,190,830$538,750$568,787
98443Tacoma, WA 984434.3 mi13$11,970,608$850,000$920,816
98023Federal Way, WA 980234.5 mi94$73,575,304$724,950$782,716
98390Sumner, WA 983904.9 mi15$10,698,285$549,999$713,219
98402Tacoma, WA 984025.9 mi18$8,576,424$352,500$476,468
98418Tacoma, WA 984186.4 mi26$10,553,478$397,688$405,903
98408Tacoma, WA 984087.2 mi59$28,159,402$449,475$477,278
98405Tacoma, WA 984057.4 mi63$30,879,135$470,500$490,145
98391Bonney Lake, WA 983918.4 mi270$235,802,880$799,000$873,344
98446Tacoma, WA 984468.9 mi62$42,145,802$665,900$679,771
98092Auburn, WA 980929.0 mi110$99,125,180$780,000$901,138

Frequently Asked Questions

How many homes are for sale in MILTON, WA 98354?

As of September 2026, there are 26 active listings in MILTON, WA (zip code 98354), compared to 10 the prior year.

What is the median home price in MILTON, WA 98354?

The median listing price in MILTON, WA 98354 is $744,975 as of September 2026, a 31.9% increase from $564,950 the prior year.

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

Homes in MILTON, WA 98354 spend an average of 86 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in MILTON, WA 98354?

Based on current inventory and days-on-market data as of September 2026, MILTON, WA 98354 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILTON, WA 98354 save an estimated $14,900 compared to a typical 5% commission on the median listing price of $744,975. 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.