Is Puyallup, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Puyallup has remained a Seller's Market.
Housing Prices in Puyallup, WA
How much do homes in Puyallup, WA cost?
Median Sold Price
$550,570
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Puyallup was $550,570 in June 2024, up 0.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $292K | -8.8% |
2 Bedrooms | $375K | $395K | +5.3% |
3 Bedrooms | $499.6K | $520.1K | +4.1% |
4 Bedrooms | $600K | $600.9K | 0.2% |
5+ Bedrooms | $636.2K | $669.9K | +5.3% |
Summary: Puyallup housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Edgewood | $667.5K | $729.5K | +9.3% |
Puyallup | $549.2K | $550.5K | 0.2% |
Fife | $513.6K | $485K | -5.6% |
Housing Supply in Puyallup, WA
How many homes are available in Puyallup, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
563 | 606 | +7.6% |
Summary: The Puyallup real estate market had 606 homes for sale in June 2024, a 7.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 42 | 52 | +23.8% |
3 Bedrooms | 243 | 267 | +9.9% |
4 Bedrooms | 203 | 203 | 0.0% |
5+ Bedrooms | 69 | 80 | +15.9% |
Summary: The Puyallup housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
160 | 140 | -12.5% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Puyallup in June 2024, down by 12.5% month-over-month. Of the 140 sold homes, 25% were sold under asking, 34% were sold at asking, and 41% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
16 Days | 23 Days | +47.1% |
Summary: Homes in Puyallup had an average of 23 days on market in Jun 2024, up by 47.1% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During June 2024, 140 homes were sold in Puyallup; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.