38Alpha

Pierce County, WA Housing Market Brief

county · WA · as of May 2026

Buyer's

What is Pierce County, WA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.345
Inventory Health25%
-1.143
Affordability20%
7
Economic Strength20%
+1.048
Rental Yield15%
47

Where is Pierce County, WA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Pierce County, WA is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Pierce County, WA housing market data

MetricValueYoY
Median Sale Price$585K-0.8%
Median Days on Market13 days▲ +30%
Months of Supply2.6▲ +18.2%
Homes for Sale2,497▲ +10.6%
Homes Sold967-6.9%
Median Price / Sq Ft$318-0.3%
Sale-to-List Ratio100.4%▲ +0.1%

How has Pierce County, WA’s Alpha Score moved?

Now: 38
3-period trend
Median sale price · 12 mo

Markets like Pierce County, WA

Frequently asked questions

Is Pierce County, WA a buyer's or seller's market?

As of May 2026, Pierce County, WA is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Pierce County, WA?

The median sale price in Pierce County, WA is $585K, having fallen 0.8% over the past year.

How affordable is Pierce County, WA?

Pierce County, WA scores 7 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Pierce County, WA's Alpha Score?

Pierce County, WA's strongest dimension is Economic Strength (48/100) and its weakest is Affordability (7/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Pierce County, WA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.