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University Place Market Report

$696,115

AVERAGE PRICE OF 109 HOMES

$1,166,550

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$897,719

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$647,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $696,115
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

2 bedrooms $466,571
3 bedrooms $695,787
4 bedrooms $774,237
5 bedrooms $913,145
University Place Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 113 90 75 71 61
Average Price $722,474 $722,321 $700,056 $669,870 $695,911
Avg Price Change +0.02% +3.18% +4.51% -3.89% +0.72%
Median Price $694,939 $692,544 $682,188 $642,434 $662,045
Med Price Change +0.35% +1.52% +6.19% -3.05% +1.26%
Avg Bedrooms 2.98 beds 2.92 beds 2.89 beds 2.71 beds 2.7 beds
Avg Bathrooms 2.26 baths 2.16 baths 2.17 baths 2 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price
Curtis Snr High 47 $751,452
Total Homes Average Price
All Homes 109 $696,115
Multi-Million Dollar Homes 16 $1,166,550
Newly Built Homes 4 $897,719
Reduced Price Homes 2 $647,500

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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 July 9, 2025 8 AM. 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. IDX information is provided exclusively for consumers’ personal noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some listings have been excluded from this website.
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