Home values, rents and more in University Place, WA
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How University Place compares
The typical home in University Place, WA is worth about $648,000, according to the Zillow Home Value Index for September 2026. Home values in University Place are 10% below the typical value in the Seattle metro area ($720,000) and 1.8 times the U.S. typical value ($366,000).
Over the past year, home values in University Place fell 0.3%, compared with −1.6% in the Seattle metro area and +1.2% nationally.
Typical rent is $1,916 a month (Zillow Observed Rent Index), 15% below the Seattle metro area ($2,250) and about the same as the U.S. ($1,932). Rents rose 4.6% over the past year.
The median household income is $99,031, against $115,177 in the Seattle metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 34,911 people live in University Place (American Community Survey 2020–24).
University Place has the 45th-lowest typical home value of the 93 cities in the Seattle metro area and the 74th-highest of 342 in Washington with Zillow figures.
Part of: Pierce County, WA · Seattle metro area · Washington
More for University Place in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in University Place, WA
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.