Is Puyallup, WA 98371 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Puyallup is a seller’s market. With about 3 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score59/ 100

More competitive than 60% of U.S. ZIP codes, and #144 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list18.9%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$323▲ +0.7% vs. last year

The Puyallup housing market right now

In the three months ending August 31, 2026, 19% of homes in Puyallup, WA 98371 sold above their list price, the typical home went under contract in 21 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 98 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (15 days then) and the median sale price rose 6% to $634,725. Overall, Puyallup is less competitive than a year ago, which gives buyers more room.

Within Pierce County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Puyallup ranks #144 of 298 WA ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at Mckenna 98558 (0% sold over asking) or Vaughn 98394 (0% sold over asking), while Carbonado 98323 (80% sold over asking) and Tacoma 98418 (55% sold over asking) are even more competitive.

Nearby markets

Anderson Island 98303Buyer’s market $302 /sq ftAshford 98304Buyer’s market $496 /sq ftBonney Lake 98391Seller’s market $317 /sq ftBuckley 98321Seller’s market $296 /sq ft Browse all markets →

Where Puyallup is

Loading map…

Questions about Puyallup real estate

Is Puyallup a buyer’s or seller’s market?

A seller’s market: there were 3 months of supply in Puyallup, WA 98371 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Puyallup?

The typical home went under contract in 21 days in the latest three months.

Do homes in Puyallup sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Puyallup?

About 0.91% of a home’s value a year in Pierce County, or roughly $3,640 on a $400,000 home.

What is the median home price in Puyallup?

The median sale price was $634,725 in the three months ending August 31, 2026, about $323 per square foot.

No sponsored agents in 98371 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 98371

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology