Market report, updated November 6, 2026

University Place Home Values and Market Report

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Report prepared by Homes77.com

(253) 209-4200

Market at a glance

Over the last 12 months, homes sold for 100.1% of list price in 38 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $685K Sold · $681K

$790K$730K$670K$610K

NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

18 N

26 D

8 J

14 F

23 M

25 A

36 M

30 J

28 J

32 A

24 S

26 O

Peak: 36 sales in May. Last month: 26.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.6months of inventory

Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$716K

Under contract$728K

Sold$695K

Average days on market

Active79 days

Under contract80 days

Sold38 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale

Homes for sale 75

Average list price $715,571

Avg. days on market 79 days

Avg. price per ft² $338 Based on 73 of 75 homes

Avg. living area 2,200 ft² Based on 73 of 75 homes

Avg. beds / baths 3.4 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 73 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

23 0–30 days

26 31–90

20 91–180

5 181–365

1 365+

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

41 ≤3 bd

18 4 bd

8 5 bd

2 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

3311 Bridgeport Way W$677

3416 Elwood Drive W$534

2423 Day Island Boulevard W$530

8926 51st Street W$451

7215 25th Street W$451

8801 36th Street W$447

3122 Oas Drive W$440

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
4904 84th Avenue WUniversity Place, WA 98467	3	2	1,664	$725,000	$435	0 days
8926 51st Street WUniversity Place, WA 98467	6	4	4,417	$1,995,000	$451	0 days
4623 62nd Avenue WUniversity Place, WA 98466	4	4	3,658	$925,000	$252	0 days
8801 36th Street WUniversity Place, WA 98466	3	2	1,308	$585,000	$447	0 days
4615 Grandview Drive W Unit #BUniversity Place, WA 98466	2	2	952	$340,000	$357	1 day
8311 55th Street WUniversity Place, WA 98467	3	2	1,445	$600,000	$415	6 days
5207 66th Avenue Ct WUniversity Place, WA 98467	4	3	2,178	$774,997	$355	6 days
4820 80th Avenue WUniversity Place, WA 98467	3	3	2,134	$665,000	$311	6 days
6317 83rd Avenue WUniversity Place, WA 98467	3	3	2,055	$639,000	$310	7 days
7408 64th St Court WUniversity Place, WA 98467	3	3	2,409	$700,000	$290	2 days

Under contract homes

Pending and contingent sales

Homes under contract 26

Average list price $727,692

Avg. days on market 80 days Based on 25 of 26 homes

Avg. price per ft² $355 Based on 25 of 26 homes

Avg. living area 2,179 ft² Based on 25 of 26 homes

Avg. beds / baths 3.3 / 2.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 25 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

Days on market before going under contract

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

7 0–30 days

10 31–90

5 91–180

3 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

13 ≤3 bd

10 4 bd

1 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

2711 Day Island Boulevard W$849

3719 Olympic Boulevard W$502

8815 37TH Street W$492

2903 Crystal Springs Road W$417

8308 63rd St. W.$393

6712 53rd Street W$385

6405 84th Avenue Ct W$363

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
3730 Tahoma Place WUniversity Place, WA 98466	4	2	2,568	$750,000	$292	—
8815 37TH Street WUniversity Place, WA 98466	3	2	1,320	$649,900	$492	6 days
2210 Mountain View Avenue WUniversity Place, WA 98466	4	3	2,582	$814,950	$315	10 days
5111 Royal Drive WUniversity Place, WA 98467	3	3	2,067	$660,000	$319	12 days
9806 57th Street Ct WUniversity Place, WA 98467	3	2	2,159	$749,500	$347	13 days
6401 91st Avenue Ct WUniversity Place, WA 98467	3	2	2,330	$795,000	$341	58 days
8308 63rd St. W.University Place, WA 98467	3	2	1,564	$615,000	$393	5 days
8109 42nd Street Ct WUniversity Place, WA 98466	3	3	1,673	$600,000	$358	24 days
3537 Locust Avenue WUniversity Place, WA 98466	3	2	1,920	$550,000	$286	13 days
3719 Olympic Boulevard WUniversity Place, WA 98466	4	2	1,722	$865,000	$502	35 days

Sold homes

Closed in the last 12 months

Homes sold 291

Average sold price $694,986

Avg. days to sell 38 days

Sold vs. list price 100.1%

Avg. price per ft² $345

Avg. living area 2,113 ft²

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 245 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes took to sell

Number of homes by days on market.

195 0–30 days

60 31–90

23 91–180

11 181–365

2 365+

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

159 ≤3 bd

100 4 bd

25 5 bd

2 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes among the newest.

2712 67th Avenue W$764

2707 Day Island Blvd W$746

4403 Paradise Avenue W$601

3111 Greenwood Avenue W$598

Address not available$573

7410 22nd Street W$544

9216 Madrone Circle W$525

Sold price vs. list price

How close homes sold to their asking price.

62% sold at or above asking

21 Under 95%

35 95–98%

54 98–100%

122 100–102%

59 Over 102%

All sold listings (291)

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
8604 W 45THUniversity Place, WA 98466	4	2	1,554	$590,000	100.0%	$379	29 days
7211 44th Street WUniversity Place, WA 98466	3	2	1,352	$525,000	92.3%	$388	41 days
4440 Paradise Avenue WUniversity Place, WA 98466	3	4	3,874	$850,000	100.0%	$219	6 days
3140 Elwood Drive WUniversity Place, WA 98466	3	2	1,259	$650,000	100.2%	$516	44 days
6305 75th Avenue Ct WUniversity Place, WA 98467	4	3	1,880	$630,000	100.8%	$335	88 days
4623 Grandview Dr W Unit #DUniversity Place, WA 98466	1	1	646	$265,000	98.3%	$410	104 days
6317 45th Street Ct WUniversity Place, WA 98466	4	2	2,143	$580,000	105.5%	$270	0 days
9817 61st Street Ct WUniversity Place, WA 98467	4	3	1,941	$655,000	100.0%	$337	18 days
5505 64th Street WUniversity Place, WA 98467	3	4	3,107	$929,000	96.9%	$299	206 days
5305 87th Avenue Ct WUniversity Place, WA 98467	4	4	2,901	$890,000	101.7%	$306	2 days

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Call (253) 209-4200

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.