The Unshakable Investor

Unshakable ZIP Data 98387 | Spanaway, WA Housing Market

Spanaway · Pierce County · Seattle-Tacoma-Bellevue, WA metro · Washington · Data updated June 19, 2026

The median sale price in ZIP 98387, Spanaway, Washington is $504,850 at $296 per square foot. 145 single-family homes sold in the latest period, down 21.9 percent from a year earlier. Homes sit a median of 13 days on market with 2.9 months of supply. Sellers are getting 100.3 percent of list price and 31.9 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$513,722
Average price per sq ft$301
Median sale price$504,850
Median sale price per sq ft$296
Median home size1,706 sq ft
Median new listing price$525,507+3.2%
National size rank786

Sales activity

MetricValueYear over year
Homes sold145-21.9%
Median days on market13 days
Months of supply2.9 months
New listings234+3.8%
Active listings310+6.2%
Pending sales173-9.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.3%-0.6 pts
Share sold above list31.9%-11.1 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$407,176
2-bedroom
$412,260
3-bedroom
$490,904
4-bedroom
$550,423
5-bedroom
$583,564

These figures describe the single-family market for Spanaway, Washington ZIP 98387. They are market context, not a substitute for sold comps or a formal appraisal.