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STEILACOOM, WA 98388

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

Market Analysis

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

The STEILACOOM, WA real estate market (98388) currently shows 24 active listings, with 7 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 50 days on market compared to 34 days last year.

The median listing price has risen 24.5% year-over-year, from $799,000 to $994,750.

Whether you are buying or selling in STEILACOOM, 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: 7,051  ·  Density: 308.1/mi²  ·  Median household income: $94,708

Typical home value: $550,768  ·  Homeownership: 65.2%

Market Overview

Active Listings
24
vs 24 last year
Pending
7
29% pending ratio
Median Price
$994,750
⇧ 24.5% vs $799,000 last year
Average Price
$1,214,739
⇧ 22.8% vs $989,177 last year
Days on Market
50
⇧ 47.1% vs 34 days last year

Price Per Square Foot

Median $/sqft
$429
⇧ 19.5% vs $359/sqft last year
Median Home Size
3,123 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 50 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $994,750 (+24.5% YoY)
  • Average: $1,214,739 (+22.8% 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 11.9 miles — 707 listings ($585,511,423 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98388Steilacoom, WA 983880.0 mi25$25,447,575$869,213$1,017,903
98333Fox Island, WA 983333.8 mi17$29,405,988$1,247,000$1,729,764
98498Lakewood, WA 984985.5 mi81$56,584,008$562,413$698,568
98466Tacoma, WA 984666.3 mi45$29,682,225$628,475$659,605
98349Lakebay, WA 983497.0 mi27$25,785,351$590,500$955,013
98335Gig Harbor, WA 983357.2 mi81$88,970,238$887,000$1,098,398
98406Tacoma, WA 984068.5 mi47$36,611,684$599,988$778,972
98516Olympia, WA 985169.1 mi99$71,395,038$608,075$721,162
98405Tacoma, WA 984059.5 mi63$30,879,135$470,500$490,145
98408Tacoma, WA 9840810.2 mi59$28,159,402$449,475$477,278
98444Tacoma, WA 9844410.6 mi70$34,075,930$457,500$486,799
98402Tacoma, WA 9840211.0 mi18$8,576,424$352,500$476,468
98332Gig Harbor, WA 9833211.9 mi75$119,938,425$1,042,475$1,599,179

Frequently Asked Questions

How many homes are for sale in STEILACOOM, WA 98388?

As of March 2026, there are 24 active listings in STEILACOOM, WA (zip code 98388), compared to 24 the prior year.

What is the median home price in STEILACOOM, WA 98388?

The median listing price in STEILACOOM, WA 98388 is $994,750 as of March 2026, a 24.5% increase from $799,000 the prior year.

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

Homes in STEILACOOM, WA 98388 spend an average of 50 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in STEILACOOM, WA 98388?

Based on current inventory and days-on-market data as of March 2026, STEILACOOM, WA 98388 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 50 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in STEILACOOM, WA 98388 save an estimated $19,895 compared to a typical 5% commission on the median listing price of $994,750. 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.