Pierce County

A local view of the market.

The real estate market in Pierce County, Washington, has seen a notable increase in home values over the past year. As of October 2024, the median home sold price was approximately $549,995, reflecting a 5.2% rise from the previous year. This increase indicates a strong seller's market, where homes tend to sell quickly and often above the asking price. Pierce County is home to several prominent cities, including Tacoma, Puyallup, and Lakewood. Tacoma, the largest city in the county, has a population of about 219,000 people. Puyallup, known for its vibrant community and annual fair, has a population of around 42,000. Lakewood, with its scenic parks and lakes, houses approximately 60,000 residents. Living in Pierce County offers a mix of suburban and rural lifestyles. The county features a blend of agricultural areas and suburban communities, making it attractive for those seeking a balance between city amenities and rural tranquility. The top industries in the area include healthcare, education, and military, with Joint Base Lewis-McChord being a significant employer. The county's affordable housing and proximity to natural attractions like Mount Rainier make it a popular choice for those relocating from more urbanized regions.