Call or Text (240) SELL-123
Chambers Creek Crossing Manitou Meadow Park Peach Acres Roman Ridge Woodlake

UNIVERSITY PLACE, WA 98467

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98467

Chambers Creek Crossing · Manitou · Meadow Park · Peach Acres · Roman Ridge · Woodlake

Market Analysis

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

The UNIVERSITY PLACE, WA real estate market (98467) currently shows 40 active listings, with 14 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 36 days last year.

The median listing price has risen 4.3% year-over-year, from $654,500 to $682,498.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for UNIVERSITY PLACE, WA 98467 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
40
⇧ 48.1% vs 27 last year
Pending
14
35% pending ratio
Median Price
$682,498
⇧ 4.3% vs $654,500 last year
Average Price
$735,852
⇧ 13.8% vs $646,606 last year
Days on Market
44
⇧ 22.2% vs 36 days last year

Price Per Square Foot

Median $/sqft
$320
⇩ 2.7% vs $329/sqft last year
Median Home Size
2,265 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 27 last year
  • Days on market: 44 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $682,498 (+4.3% YoY)
  • Average: $735,852 (+13.8% 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 9.5 miles — 641 listings ($412,356,253 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98467University Place, WA 984670.0 mi32$22,083,520$701,246$690,110
98409Tacoma, WA 984093.0 mi54$28,365,390$399,962$525,285
98499Lakewood, WA 984993.1 mi54$42,454,044$536,238$786,186
98406Tacoma, WA 984064.4 mi47$36,611,684$599,988$778,972
98408Tacoma, WA 984084.6 mi59$28,159,402$449,475$477,278
98333Fox Island, WA 983334.9 mi17$29,405,988$1,247,000$1,729,764
98444Tacoma, WA 984445.7 mi70$34,075,930$457,500$486,799
98403Tacoma, WA 984035.9 mi22$17,089,006$668,725$776,773
98404Tacoma, WA 984046.3 mi85$42,293,960$480,000$497,576
98445Tacoma, WA 984457.7 mi112$67,460,400$583,000$602,325
98303Anderson Island, WA 983038.1 mi9$5,454,171$550,250$606,019
98424Fife, WA 984249.3 mi18$16,756,956$625,000$930,942
98446Tacoma, WA 984469.5 mi62$42,145,802$665,900$679,771

Frequently Asked Questions

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

As of March 2026, there are 40 active listings in UNIVERSITY PLACE, WA (zip code 98467), compared to 27 the prior year.

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

The median listing price in UNIVERSITY PLACE, WA 98467 is $682,498 as of March 2026, a 4.3% increase from $654,500 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 44 days on the market before going under contract, compared to 36 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 March 2026, UNIVERSITY PLACE, WA 98467 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 36 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 $13,650 compared to a typical 5% commission on the median listing price of $682,498. 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.