$39,000
0.19 Acres
Land
Scott Bautista, Listing Office: eXp Realty
Is Pierce County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pierce County has remained a Seller's Market.
Key Takeaway
Pierce County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pierce County, WA
How much do homes in Pierce County, WA cost?
Median Sold Price
$550,039
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,051(+4.8%)
Key Takeaway
Homes in Pierce County have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Pierce County was $550,039 in November 2024, up 4.8% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $319K | -3.3% |
| 2 Bedrooms | $390.6K | $403.1K | +3.2% |
| 3 Bedrooms | $498.5K | $524.9K | +5.3% |
| 4 Bedrooms | $599.9K | $634.9K | +5.8% |
| 5+ Bedrooms | $658.2K | $724.9K | +10.1% |
Summary: Pierce County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Counties
| King County | $797.8K | $863.2K | +8.2% |
| Pierce County | $524.9K | $550K | +4.8% |
| Kitsap County | $529.4K | $549.1K | +3.7% |
| Lewis County | $398.8K | $407.5K | +2.2% |
| Thurston County | $499.9K | $508.5K | +1.7% |
Housing Supply in Pierce County, WA
How many homes are available in Pierce County, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,765 | 3,380 | -10.2% |
Summary: The Pierce County real estate market had 3,380 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 77 | 74 | -3.9% |
| 2 Bedrooms | 518 | 481 | -7.1% |
| 3 Bedrooms | 1,750 | 1,547 | -11.6% |
| 4 Bedrooms | 1,090 | 996 | -8.6% |
| 5+ Bedrooms | 330 | 282 | -14.5% |
Summary: The Pierce County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 14.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,025 | 772 | -24.7% |
Asking Price vs. Sold Price
268 Homes Were Sold
Under Asking
251 Homes Were Sold
At Asking
253 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pierce County, you may be able to get a good deal. 34.7% of homes here sold below asking price last month.
Summary: A total of 772 homes were sold or pending in Pierce County in November 2024, down by 24.7% month-over-month. Of the 772 sold homes, 35% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Pierce County, WA
How long does it take to sell a home in Pierce County, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +28.1% |
Summary: Homes in Pierce County had an average of 44 days on market in Nov 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
432 Homes Were Sold
Under 30 Days
209 Homes Were Sold
In 30 - 90 Days
131 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pierce County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 772 homes were sold in Pierce County; 56% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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