Market Intelligence · WA / Puyallup

Puyallup, WA 98371 Housing Market

The typical home value in Puyallup's 98371 ZIP code is $615,258, up 0.1% over the past year as of September 2026. The median list price is $704,975, and homes are spending a median of 56 days on the market.

Updated September 2026Median value$615K

The median home value in Puyallup, WA 98371 is $615K as of September 2026, up 0.1% 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 98371 range

$566K to $664K

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

+0.1% over 12 months

Typical home value in 98371 over the last 12 months: $615K in Sep 2025 to $615K in Sep 2026 (+0.1%).

Sep 2025$615K

Sep 2026$615K

The numbers

What is the 98371 housing market like?

Typical home value

$615K

Up0.1%YoY

Median list price

$705K

Up0.7%MoM

Days on market

56

Up30.2%MoM

Homes for sale

80

Up3.9%MoM

Price cuts

28.8%

Up3.5%MoM

New listings

24

Down33.3%MoM

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

The outlook

98371 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98371 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 98371 rose 0.1%, per the Zillow Home Value Index.

Will home prices drop in 98371?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98371 to stay roughly flat by September 2027 (up 0.1%), after a 0.1% 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 98371 home prices compare?

  • 98371$615,258
  • Puyallup$575,354
  • 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 (Puyallup: 5 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

The 98371 market in Puyallup is moving at a measured pace. As of September 2026, there are 80 homes for sale, with 24 new listings coming on the market. Homes are taking a median of 56 days to sell, and 28.8% of listings have had a price cut. The typical home value is $615,258, essentially flat at up 0.1% over the past year. For sellers, this means pricing realistically from the start matters, since a meaningful share of competing listings are already cutting prices.

Monthly payment

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20% · $123,052

Common questions

What people ask us.

How much is a home in 98371 worth?

The typical home value in 98371 is $615,258 as of September 2026, up 0.1% over the past year. The median list price for homes currently on the market is $704,975.

How fast are homes selling in 98371?

Homes in 98371 are spending a median of 56 days on the market as of September 2026.

Are sellers in 98371 cutting prices?

Yes, some are. As of September 2026, 28.8% of listings in 98371 have had a price cut, with 80 homes for sale in total.

Discover

Nearby ZIP markets.

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