University Place, WA housing market

The typical home in University Place, WA costs $665K (-1.1% over the past year). The bottom 35% of homes run around $525K. Typical rent $1,904/mo. See the full market and find out if you can afford to buy a house in University Place — free, no signup.

Market snapshot (2026-06)

• Typical home value: $665K (Zillow ZHVI, 2026-06)
• 1-year change: -1.1%
• Bottom 35% of homes: $525K
• Top 35% of homes start around: $856K
• Typical rent: $1,904/mo
• Median household income: $99K
• Price-to-income ratio: 6.7
• Estimated payment on the typical home: $3,419/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Fircrest, WA — typical home $636K
• Lakewood, WA — typical home $527K
• Steilacoom, WA — typical home $643K
• Tacoma, WA — typical home $498K
• Midland, WA — typical home $493K
• Parkland, WA — typical home $474K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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