Market Intelligence · WA / Gig Harbor

Gig Harbor, WA 98329 Housing Market

Typical home value in Gig Harbor stands at $599,221, up 0.9% over the past year. The median list price is $749,963, and homes are spending 56 days on market as of September 2026.

Updated September 2026Median value$599K

The median home value in Gig Harbor, WA 98329 is $599K as of September 2026, up 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98329 range

$551K to $647K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.9% over 12 months

Typical home value in 98329 over the last 12 months: $594K in Sep 2025 to $599K in Sep 2026 (+0.9%).

Sep 2025$594K

Sep 2026$599K

The numbers

What is the 98329 housing market like?

Typical home value

$599K

Up0.9%YoY

Median list price

$750K

Up0.1%MoM

Days on market

56

Down22.2%MoM

Homes for sale

40

Up17.6%MoM

Price cuts

19.3%

Down3.5%MoM

New listings

18

Up12.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

98329 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98329 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 98329 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 98329?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98329 to stay roughly flat by September 2027 (up 0.2%), after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98329 home prices compare?

  • 98329$599,221
  • Gig Harbor$852,669
  • Washington$496,668
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Gig Harbor: 3 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

Gig Harbor's market shows moderate activity with 40 homes for sale and 18 new listings in September 2026. The median list price of $749,963 reflects asking prices well above the typical home value of $599,221. Homes are taking 56 days to sell on average, and about 19.3% of listings have seen a price cut. This combination suggests buyers have choices and are being selective, which means sellers should price carefully and prepare for a patient timeline.

Monthly payment

Estimate your monthly payment.

20% · $119,844

Common questions

What people ask us.

What is the typical home value in Gig Harbor 98329?

The typical home value is $599,221, up 0.9% over the past year as of September 2026.

How long do homes take to sell in 98329?

Homes spend a median of 56 days on market as of September 2026.

What share of homes have price cuts?

About 19.3% of listings have had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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Guides for sellers.