98349 — Pierce County, Washington Market Snapshot
Housing market data for zip code 98349 in Pierce County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$607,475
Days to Sell
36
Homes Sold
16
Inventory
24
Sale-to-List
97.6%
New Listings
30
Price/SqFt
$334
Pending Sales
17
Conforming Loan Available
Most homebuyers in 98349 can comfortably use conventional financing. The median home price of $607,475 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
98349's market is balanced with homes taking an average of 36 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 98349 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 98349 can comfortably use conventional financing. The median home price of $607,475 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98349 are set at the county level.
2026 Loan Limits — Pierce County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,063,750 | $1,063,750 |
| 2 Units | $1,361,800 | $1,361,800 |
| 3 Units | $1,646,100 | $1,646,100 |
| 4 Units | $2,045,700 | $2,045,700 |
Affordability Snapshot — Zip 98349
To purchase the median home at $607,475 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,804.
Monthly Payment
$4,804
Income Required
$205,898
Principal & Interest
$3,743/mo
Down Payment (5%)
$30,374
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98349.
Estimated Monthly Payment
$3,910
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