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Gig Harbor, WA 98332 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Gig Harbor, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 6363PendingPending sales: 77
Gig Harbor, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $875k$875kSoldMedian sold price (last 6 months): $990k$990k
What homes actually sell for in Gig Harbor, WA
Distribution of 197 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $740k to $1.3M
$350k to $626k: 17 sales$350k$626k to $901k: 60 sales60sales$901k to $1.18M: 45 sales$901k$1.18M to $1.45M: 29 sales$1.45M to $1.73M: 14 sales$1.45M$1.73M to $2M: 6 sales$2M to $2.28M: 5 sales$2M$2.28M to $2.56M: 2 salesMedian $990k

What the numbers say

As of October 5, 2026, Resideline is tracking 63 active listings and 7 pending sales in ZIP code 98332. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $874,520, while the median of the 197 closed sales Resideline tracked over the last six months was $990,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98332 for 71 days.

Frequently asked questions

What is the median home price in 98332?

The median closed sale price in Gig Harbor, WA 98332 was $990,000 over the last six months, based on 197 closed sales tracked by Resideline. The middle half of those sales ranged from $740,000 to $1,295,000.

Is 98332 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 63 active listings in 98332, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98332 currently looks like a balanced market.

Nearby ZIP code market data

Full Gig Harbor, WA housing market report →

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