University Place, WA
Housing market overview · Updated weekly
$610,000median sale price
Homes sold
20
Last 12 weeks
Days on market
59
Average pace
Active listings
41
2.1 months supply
Sale-to-list
98.5%
Below asking
The University Place housing market is currently classified as a balanced market with a median sale price of $610,000. Prices have fallen 9.3% compared to last year, with homes spending an average of 59 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in University Place
There are currently 41 homes listed for sale in University Place, Washington. The median listing price is $747K.
Active listings
41
Homes on market
Median list price
$747K
Avg. days on market
59
Days until sale
New this week
24
Newly listed
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Frequently asked questions
What is the average home price in University Place?
The median home sale price in University Place is $610,000, down 9.3% from last year.
How long do homes stay on market in University Place?
Homes typically spend 59 days on market before going under contract.
Is University Place a buyer's or seller's market?
With 2.1 months of supply, University Place is currently a balanced market.
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