Why Live in University Place
University Place, often referred to as U.P., is a neighborhood known for its highly rated schools and abundant outdoor recreation. The University Place School District is among the top 10 in the state, with Sunset Primary School, Narrow View Intermediate School, Curtis Junior High, and Curtis Senior High all receiving high ratings. Chambers Creek Regional Park is a major attraction, featuring the Chambers Bay Golf Course, which hosted the 2015 U.S. Open, a dog park, a two-mile walking trail, and a beach area along Puget Sound. The park is a popular spot for swimming and sunset viewing. The neighborhood primarily consists of single-family homes, with some apartments and condos available, especially inland. Homes near the water often boast views of the mountains and sunsets. Seasonal events like Duck Daze and Community Harvest Day at Curran Apple Orchard are local favorites. Dining options include Happy Duo Café, Lefty’s Burger Stand, and Bliss Small Batch Creamery, while retail needs are met at Green Firs Towne Center, which houses a HomeGoods. Tacoma’s only Whole Foods and Trader Joe’s are nearby. University Place is car-dependent, with Route 16 and Interstate 5 both 5 miles away, providing access to Tacoma and Seattle, which is 38 miles away. Seattle Tacoma (SeaTac) International Airport is 30 miles away, offering nonstop flights to over 120 destinations.
Frequently Asked Questions
What is the average home price in University Place, WA?
Homes for sale in University Place, WA have an average home price of $706,979.
How many homes have sold over the last 12 months in University Place, WA?
283 homes have sold in University Place, WA over the last 12 months.
What are the most popular zip codes in University Place, WA?
How much do you need to make to afford a house in University Place?
The median home price in University Place is $680,000. If you put a 20% down payment of $136,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $152K a year to afford the median home price in University Place.
How are the schools in University Place, WA?
Home Trends in University Place, WA
On average, homes in University Place, WA sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in University Place, WA over the last 12 months is $660,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$660,000
Median Single Family Sale Price
$700,000
Median Townhouse Sale Price
$619,000
Median 2 Bedroom Sale Price
$355,000
Median 1 Bedroom Sale Price
$222,000
Average Price Per Sq Ft
$354
Number of Homes for Sale
45
Last 12 months Home Sales
283
Median List Price
$680,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%