98544
$425,000median sale price
The 98544 zip code, located in Gig Harbor, WA, is currently classified as a seller's market. The median sale price stands at $425,000, representing a +31.8% change year over year. Homes in this area spend an average of 1 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 98544 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
1
Fast-moving
Active listings
—
Sale-to-list
113.3%
Above asking
Market analysis for 98544
The 98544 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 113.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 98544 have increased +31.8% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
7
Median age
-666666666 years
Owner-occupied
10000.0%
Living in 98544
Zip code 98544 is home to approximately 7 residents. With a median age of -666666666 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 10000.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 98544.
Frequently asked questions about 98544
What is the median home price in 98544?
The current median sale price in 98544 is $425,000, based on recent Redfin transaction data. Prices have changed +31.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 98544 a buyer's or seller's market?
The 98544 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 98544?
Zip code 98544 has a population of approximately 7 residents. About 10000.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 98544?
Properties Incorporated provides comprehensive data for 98544 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 98544 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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