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UNIVERSITY PLACE, WA 98467

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

Market Overview

Active Listings
32
⇧ 10.3% vs 29 last year
Pending
6
19% pending ratio
Median Price
$699,000
⇧ 7.7% vs $649,250 last year
Average Price
$693,027
⇧ 7.6% vs $644,256 last year
Days on Market
78
⇧ 16.4% vs 67 days last year

Market Context

Population: 15,140  ·  Density: 1,224.1/mi²  ·  Median household income: $89,849

Typical home value: $517,565  ·  Homeownership: 58.9%

Market Analysis

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

The UNIVERSITY PLACE, WA real estate market (98467) currently shows 32 active listings, with 6 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 78 days on market compared to 67 days last year.

The median listing price has risen 7.7% year-over-year, from $649,250 to $699,000.

Whether you are buying or selling in UNIVERSITY PLACE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 29 last year
  • Days on market: 78 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $699,000 (+7.7% YoY)
  • Average: $693,027 (+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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.5 miles — 571 listings ($353,764,525 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98467University Place, WA 984670.0 mi32$22,176,864$699,000$693,027
98409Tacoma, WA 984093.0 mi47$25,522,222$415,000$543,026
98499Lakewood, WA 984993.1 mi41$28,723,575$499,950$700,575
98406Tacoma, WA 984064.4 mi42$33,572,406$629,000$799,343
98408Tacoma, WA 984084.6 mi56$27,186,600$472,475$485,475
98333Fox Island, WA 983334.9 mi12$20,002,368$1,187,000$1,666,864
98444Tacoma, WA 984445.7 mi61$30,846,114$485,000$505,674
98403Tacoma, WA 984035.9 mi18$13,720,230$662,450$762,235
98404Tacoma, WA 984046.3 mi76$36,230,948$450,000$476,723
98445Tacoma, WA 984457.7 mi108$64,875,384$549,950$600,698
98303Anderson Island, WA 983038.1 mi9$5,175,738$510,000$575,082
98424Fife, WA 984249.3 mi14$9,050,706$577,500$646,479
98446Tacoma, WA 984469.5 mi55$36,681,370$659,900$666,934

Frequently Asked Questions

How many homes are for sale in UNIVERSITY PLACE, WA 98467?

As of January 2026, there are 32 active listings in UNIVERSITY PLACE, WA (zip code 98467), compared to 29 the prior year.

What is the median home price in UNIVERSITY PLACE, WA 98467?

The median listing price in UNIVERSITY PLACE, WA 98467 is $699,000 as of January 2026, a 7.7% increase from $649,250 the prior year.

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

Homes in UNIVERSITY PLACE, WA 98467 spend an average of 78 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in UNIVERSITY PLACE, WA 98467?

Based on current inventory and days-on-market data as of January 2026, UNIVERSITY PLACE, WA 98467 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in UNIVERSITY PLACE, WA 98467 save an estimated $13,980 compared to a typical 5% commission on the median listing price of $699,000. 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.