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University Place Market Report

$658,074

AVERAGE PRICE OF 70 HOMES

$1,297,544

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$1,095,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$628,700

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price	$658,074
Avg Bedrooms	2.64 beds
Avg Bathrooms	1.94 baths

Average Price by Bedrooms

1 bedroom	$376,666
2 bedrooms	$403,256
3 bedrooms	$616,226
4 bedrooms	$893,918
5 bedrooms	$936,500

University Place Home Price Trends

	2/2025	1/2025	12/2024	11/2024	10/2024
Total Listings	61	60	74	85	88
Average Price	$695,911	$690,903	$721,512	$734,653	$757,755
Avg Price Change	+0.72%	-4.43%	-1.82%	-3.14%	+2.46%
Median Price	$662,045	$653,807	$651,077	$671,879	$706,877
Med Price Change	+1.26%	+0.42%	-3.20%	-5.21%	+0.74%
Avg Bedrooms	2.7 beds	2.86 beds	2.89 beds	2.85 beds	2.93 beds
Avg Bathrooms	2.08 baths	2.19 baths	2.23 baths	2.2 baths	2.25 baths

Home Price by High School

School Name	Total Homes	Average Price
Curtis Snr High	38	$626,385

	Total Homes	Average Price
All Homes	70	$658,074
Multi-Million Dollar Homes	8	$1,297,544
Newly Built Homes	1	$1,095,900
Reduced Price Homes	5	$628,700

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Based on information submitted to the MLS GRID as of March 20, 2025 2 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some listings have been excluded from this website.
Properties with the NWMLS

icon are courtesy of Northwest MLS.