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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Puyallup is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Puyallup, WA cost?

Median Sold Price

$575,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$75,194(+15.0%)

Key Takeaway

Homes in Puyallup have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $150K$350K
+133.3%
2 $320K$407.5K
+27.4%
3 $446.4K$525K
+17.6%
4 $580.9K$660K
+13.6%
5+ $644.9K$724.9K
+12.4%

Median Sold Price Compared To Nearby Cities

Fife
+20.5%
Puyallup
+15.0%
Edgewood
+12.4%

How many homes are available in Puyallup, WA?

Number of Homes For Sale

Aug 2022Sep 2022%
157148-5.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 64
-33.3%
2 2122
+4.8%
3 5664
+14.3%
4 5845
-22.4%
5+ 1613
-18.8%

Number of Homes Sold

Aug 2022Sep 2022%
4642-8.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Puyallup, you could pay more than the asking price. 38.1% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
14 Days37 Days+155.2%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

4 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.

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

About Puyallup, WA

Homes for sale in Puyallup, WA have reached 148. In September 2022 in Puyallup, WA there were 5.7% less homes for sale than in August 2022. While the average time on the market in September 2022 was 37 days, the median list price was $575,000. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 133.3%, 2 bedrooms properties became 27.4% more expensive, prices of 3 bedrooms properties increased by 17.6%, 4 bedrooms properties prices increased by 13.6%, the cost of 5 bedrooms properties went up by 12.4%. This housing market inventory have changed: 1 bedroom homes became 33.3% less available, 2 bedrooms homes became 4.8% more available, 3 bedrooms homes inventory increased by 14.3%, 4 bedrooms homes inventory decreased by 22.4%, the quantity of 5 bedrooms homes went down by 18.8%. In September 2022 more than 16 listings in Puyallup, WA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 14 were sold below.

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