$8,253 Closing Credit*
$694,990
Indy Basra, Listing Office: Every Door Real Estate
Is Puyallup, 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, Puyallup has remained a Seller's Market.
Key Takeaway
Puyallup is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Puyallup, WA
How much do homes in Puyallup, WA cost?
Median Sold Price
$563,536
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,355(+3.4%)
Key Takeaway
Homes in Puyallup have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Puyallup was $563,536 in November 2024, up 3.4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302.5K | $250K | -17.4% |
| 2 Bedrooms | $389.5K | $375K | -3.7% |
| 3 Bedrooms | $505.8K | $525K | +3.8% |
| 4 Bedrooms | $588.9K | $620.6K | +5.4% |
| 5+ Bedrooms | $635K | $699.9K | +10.2% |
Summary: Puyallup housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Fife | $475.5K | $533K | +12.1% |
| Edgewood | $694K | $725.2K | +4.5% |
| Puyallup | $545.1K | $563.5K | +3.4% |
Housing Supply in Puyallup, WA
How many homes are available in Puyallup, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 654 | 571 | -12.7% |
Summary: The Puyallup real estate market had 571 homes for sale in November 2024, a 12.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 4 | -50.0% |
| 2 Bedrooms | 82 | 80 | -2.4% |
| 3 Bedrooms | 281 | 238 | -15.3% |
| 4 Bedrooms | 211 | 184 | -12.8% |
| 5+ Bedrooms | 72 | 65 | -9.7% |
Summary: The Puyallup housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 9.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 118 | -36.9% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Puyallup, expect to pay close to the asking price. 39.8% of homes here sold near the asking price last month.
Summary: A total of 118 homes were sold or pending in Puyallup in November 2024, down by 36.9% month-over-month. Of the 118 sold homes, 34% were sold under asking, 40% were sold at asking, and 26% were sold over asking.
Days on Market for Puyallup, WA
How long does it take to sell a home in Puyallup, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 44 Days | +47.8% |
Summary: Homes in Puyallup had an average of 44 days on market in Nov 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Puyallup are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 118 homes were sold in Puyallup; 53% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 16% 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.