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University Place Market Report

$692,655

AVERAGE PRICE OF 60 HOMES

$1,396,979

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$972,940

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$950,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$796,641

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $692,655
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $525,000
2 bedrooms $440,044
3 bedrooms $646,894
4 bedrooms $776,592
5 bedrooms $1,204,492
University Place Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 74 85 88 90 93
Average Price $721,512 $734,653 $757,755 $739,543 $699,727
Avg Price Change -1.82% -3.14% +2.46% +5.69% -3.92%
Median Price $651,077 $671,879 $706,877 $701,666 $653,792
Med Price Change -3.20% -5.21% +0.74% +7.32% -5.32%
Avg Bedrooms 2.89 beds 2.85 beds 2.93 beds 2.84 beds 2.84 beds
Avg Bathrooms 2.23 baths 2.2 baths 2.25 baths 2.22 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price
Curtis Snr High 31 $742,289
Home Price by House Size
Total Homes Average Price
All Homes 60 $692,655
Multi-Million Dollar Homes 7 $1,396,979
Newly Built Homes 2 $972,940
Homes with a Pool 1 $950,000
Reduced Price Homes 6 $796,641

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Premier Real Estate Partners
10828 Gravelly Lake Dr SW Ste 210
Lakewood, WA
253-448-3658
Ken Cox
Producing Branch Manager
NMLS# 217751
Direct: 253-251-1580
Cell: 253-228-9311
email - ken.cox@rate.com
4928 109th St SW, Suite B
Lakewood WA, 98499

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Based on information submitted to the MLS GRID as of January 12, 2025 3 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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