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GIG HARBOR, WA 98332

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The GIG HARBOR, WA real estate market (98332) currently shows 75 active listings, with 32 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 23 days last year.

The median listing price has risen 1.8% year-over-year, from $1,024,425 to $1,042,475.

Whether you are buying or selling in GIG HARBOR, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,708  ·  Density: 368.2/mi²  ·  Median household income: $122,869

Typical home value: $641,837  ·  Homeownership: 82.8%

Market Overview

Active Listings
75
⇧ 27.1% vs 59 last year
Pending
32
43% pending ratio
Median Price
$1,042,475
⇧ 1.8% vs $1,024,425 last year
Average Price
$1,599,179
⇩ 0.8% vs $1,611,934 last year
Days on Market
69
⇧ 200% vs 23 days last year

Price Per Square Foot

Median $/sqft
$384
⇩ 0.5% vs $386/sqft last year
Median Home Size
2,790 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 59 last year
  • Days on market: 69 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $1,042,475 (+1.8% YoY)
  • Average: $1,599,179 (-0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.1 miles — 619 listings ($572,911,449 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98332Gig Harbor, WA 983320.0 mi78$117,111,384$1,020,000$1,501,428
98335Gig Harbor, WA 983354.7 mi79$87,744,589$934,475$1,110,691
98407Tacoma, WA 984076.7 mi55$46,674,760$689,950$848,632
98367Port Orchard, WA 983677.6 mi121$83,317,212$659,990$688,572
98406Tacoma, WA 984068.2 mi42$33,572,406$629,000$799,343
98394Vaughn, WA 983949.0 mi4$4,823,000$948,250$1,205,750
98466Tacoma, WA 984669.9 mi45$26,357,760$569,950$585,728
98349Lakebay, WA 9834910.7 mi28$28,446,852$637,000$1,015,959
98422Tacoma, WA 9842211.0 mi49$52,357,431$799,925$1,068,519
98524Allyn, WA 9852411.6 mi27$16,395,345$464,900$607,235
98388Steilacoom, WA 9838811.9 mi20$18,891,160$849,950$944,558
98409Tacoma, WA 9840912.0 mi47$25,522,222$415,000$543,026
98166Seattle, WA 9816613.1 mi24$31,697,328$855,000$1,320,722

Frequently Asked Questions

How many homes are for sale in GIG HARBOR, WA 98332?

As of February 2026, there are 75 active listings in GIG HARBOR, WA (zip code 98332), compared to 59 the prior year.

What is the median home price in GIG HARBOR, WA 98332?

The median listing price in GIG HARBOR, WA 98332 is $1,042,475 as of February 2026, a 1.8% increase from $1,024,425 the prior year.

How long do homes stay on the market in GIG HARBOR, WA?

Homes in GIG HARBOR, WA 98332 spend an average of 69 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in GIG HARBOR, WA 98332?

Based on current inventory and days-on-market data as of February 2026, GIG HARBOR, WA 98332 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 23 days last year.

How much can I save on real estate commission in GIG HARBOR, WA?

With SELL123.com's maximum 3% commission, sellers in GIG HARBOR, WA 98332 save an estimated $20,850 compared to a typical 5% commission on the median listing price of $1,042,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.