Is Puyallup, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Puyallup is a seller's market


Difference Since February 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



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Puyallup have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Puyallup was $545,057 in February 2024, down 5.2% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $327.2K$292K
2 $409.9K$395K
3 $520K$509.9K
4 $650K$588.3K
5+ $690K$639.9K

Summary: Puyallup housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Puyallup, WA

How many homes are available in Puyallup, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Puyallup real estate market had 356 homes for sale in February 2024, a 5.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 21
2 2639
3 149157
4 120119
5+ 4040

Summary: The Puyallup housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Puyallup, expect to pay close to the asking price. 40.2% of homes here sold near the asking price last month.

Summary: A total of 92 homes were sold or pending in Puyallup in February 2024, down by 2.1% month-over-month. Of the 92 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% 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

Feb 2023Feb 2024CHANGE
50 Days40 Days-20.2%

Summary: Homes in Puyallup had an average of 40 days on market in Feb 2024, down by 20.2% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Puyallup are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 92 homes were sold in Puyallup; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Puyallup, WA

Nearby Markets to Puyallup, WA

What housing markets are near Puyallup, WA?