House Prices

House Prices & Home Values University Place, WA 2026


Average Data

average house price$461,155
average size per house1867 ft²
average price per ft²248 $ / ft²

04/14/2026 - The value range (VR) for house prices in University Place, WA is $244/ sqft to $244/ sqft. An average home with 1867 sqft costs approximately $455,548 to $455,548. University Place, WA includes 1 ZIP codes and it is located in Pierce county. The lowest prices are found in ZIP 98467, while the highest are in ZIP 98467. The average price per sqare feet is $248. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes University Place

98467231 $ / ft²




Historical development of home values in University Place

Year Estimated value (USD) Change vs. 2025
2010 $214,169 -53.6%
2011 $205,887 -55.4%
2012 $205,332 -55.5%
2013 $213,007 -53.8%
2014 $223,599 -51.5%
2015 $235,075 -49.0%
2016 $247,343 -46.4%
2017 $260,693 -43.5%
2018 $275,105 -40.3%
2019 $287,861 -37.6%
2020 $302,742 -34.4%
2021 $344,337 -25.3%
2022 $401,420 -13.0%
2023 $423,315 -8.2%
2024 $447,805 -2.9%
2025 $461,155 0.0%

Graph: estimated home values in University Place over time (USD)



Example: 100% financing house in University Place

Loan amount: $461,155

Interest rate: 6.00%

Fixed monthly payment: $2,764.86

Breakdown in the 1st month:
Interest portion: $2,305.78  –  Principal portion: $459.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,515.25 $5,663.04 $455,491.96
2 $27,165.97 $6,012.32 $449,479.64
3 $26,795.14 $6,383.15 $443,096.49
4 $26,401.44 $6,776.85 $436,319.65
5 $25,983.46 $7,194.83 $429,124.82
6 $25,539.70 $7,638.59 $421,486.23
7 $25,068.57 $8,109.72 $413,376.51
8 $24,568.38 $8,609.91 $404,766.60
9 $24,037.34 $9,140.95 $395,625.65
10 $23,473.54 $9,704.74 $385,920.90
11 $22,874.97 $10,303.31 $375,617.59
12 $22,239.49 $10,938.80 $364,678.80
13 $21,564.81 $11,613.48 $353,065.32
14 $20,848.51 $12,329.77 $340,735.54
15 $20,088.04 $13,090.25 $327,645.30
16 $19,280.66 $13,897.62 $313,747.67
17 $18,423.49 $14,754.80 $298,992.88
18 $17,513.44 $15,664.84 $283,328.03
19 $16,547.27 $16,631.02 $266,697.02
20 $15,521.51 $17,656.78 $249,040.24
21 $14,432.47 $18,745.81 $230,294.43
22 $13,276.27 $19,902.01 $210,392.41
23 $12,048.76 $21,129.53 $189,262.89
24 $10,745.54 $22,432.75 $166,830.14
25 $9,361.94 $23,816.35 $143,013.79
26 $7,893.00 $25,285.29 $117,728.50
27 $6,333.45 $26,844.83 $90,883.67
28 $4,677.72 $28,500.56 $62,383.10
29 $2,919.87 $30,258.42 $32,124.69
30 $1,053.60 $32,124.69 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in University Place, WA


1500 sqft3900 sqft
Ø selling price$450,121$957,529
Ø fast selling$409,201$861,776
Ø high price sale$491,041$1,053,281

In 2026, houses in University Place, WA will be offered at an average price of $248 per square foot. A 1,500 sqft home priced at $450,121 is 21.76% more expensive per square foot than a 3,900 sqft home priced at $957,529. Home prices in University Place, WA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $662,904. Sellers who can wait longer may achieve a higher price of up to $810,217.


Discover University Place, WA

University Place, WA is a scenic Pierce County city along Puget Sound known for its welcoming neighborhoods and high quality of life.

Outdoor & Waterfront

The city?s crown jewel is Chambers Bay, a waterfront golf course and trail system that hosted the 2015 U.S. Open and offers sweeping Olympic Mountain views.
Outdoor lovers enjoy the beaches and meadows of Chambers Creek Regional Park and seasonal events at Curran Apple Orchard Park.
Miles of paved paths, off-leash areas, and playgrounds make University Place ideal for walkers, runners, and families with pets.

Schools, Shopping & Culture

Education shines in the highly regarded University Place School District, which attracts many homebuyers seeking top-rated schools.
Local shopping and dining cluster along Bridgeport Way, where cafes, global eateries, and essential services create a convenient small-city hub.
Residents appreciate quick access to nearby Tacoma museums, Point Defiance Park, and regional arts while enjoying a quieter suburban pace.

Real Estate & Access

Housing ranges from view condos to established single-family neighborhoods, with real estate demand driven by lifestyle amenities and schools.
Commuters benefit from proximity to I-5, the Tacoma Narrows Bridge, and transit links to Seattle, JBLM, and the South Sound.
Whether you?re relocating or visiting, University Place, Washington blends waterfront beauty, recreation, and community spirit in one compelling destination.



FAQ – Home Values in University Place

What is the median home value in University Place in 2026?

In 2026, the typical home value in University Place is about $461,155 for an average home size of 1867 square feet. This corresponds to an average price of roughly $248 per square foot.

What is the average cost per square foot in University Place?

In 2026, homes in University Place sell for an average of around $248 per square foot, with a typical range between $244 and $244 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in University Place is about 1867 square feet, with an estimated 2026 value around $461,155.



Locations close to University Place, WA

Lakewood, WA244 $ / ft²
Olympia, WA201 $ / ft²
Lacey, WA194 $ / ft²
Lakewood, WA351 $ / ft²
Mcchord Afb, WA369 $ / ft²
Camp Murray, WA347 $ / ft²
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