Pierce County home prices have been rising steadily in recent years. The median home price for Pierce County is now $445,000. When this site was created in 2015 the median home price in Pierce County was $285,000. Nowadays there’s only one community in Pierce County with a median home price under $300,000, and that’s the Elbe/Ashford area, a little over an hour’s drive from Downtown Tacoma near Mt. Rainier.
The area around Alder Lake, Elbe, and Ashford is the most rural and remote part of Pierce County. Right now the median home price there is $285,000 based on the last 365 days of sales. Home in the Elbe/Ashford area spend about 50 days on the market on average before selling.
The median home price in Parkland is currently $335,000. Homes in Parkland are on the market an average of 14 days before they go pending.
The median home price in Spanaway is $375,000. Homes in Spanaway spend 12 days on the market before they go pending. The Seattle Times recently wrote about Spanaway’s real estate market, calling it “The toughest place to buy a home in the US.”
The median home price in Frederickson in 2021 is $379,000. Homes in Frederickson are on the market less than a week (6 days) before going pending.
The median home price in the city of Lakewood is currently $380,000. Homes in Lakewood are on the market an average of 20 days before they go pending.
The Pierce County median home price has been on a wild ride for the the past decade. Less than 10 years ago it was under $200,000, and soon we will pass $500,000. Affordability is becoming a huge issue. As Pierce County home prices double and then continue to rise, wages have barely budged. To learn more about what’s happening check out our blog post, “Tacoma isn’t affordable anymore. This is why.”
Pierce County residents who are renting and looking to become homeowners still have opportunities in Pierce County. To learn more you can check out our post, “Creative ways to buy if you think you’re priced out.”
Ready to buy a place and not sure where to begin? Hit the contact form and talk to MovetoTacoma.com creator and Tacoma real estate agent Marguerite Martin.
Tacoma Real Estate Market:
Pierce County Real Estate Market:
Note: We have been hand drawing the searches to get these prices every year since the site started. It takes a bit longer than running searches using the “area” codes assigned by the MLS but in our experience it is more useful.