The tightest part of Pierce Co Buy Box still moved fast in late summer
Rates matter. Realtor.com reported mortgage rates climbed above 7% for the first time since January 2025. That is the backdrop for every number below. Even so, the tightest corner of Pierce Co Buy Box kept moving.
The Real Estate Data Aggregator counted just 1.2 months of supply in ZIP 98465 for the three months ending July 31, 2026. That is the tightest reading in this market. So what: sellers there had very little competition.
The Real Estate Data Aggregator found that 64% of homes in ZIP 98465 went under contract within two weeks of listing. That is nearly two in three homes. Buyers in that ZIP needed to be ready on timing and terms.
How the ZIPs stack up on speed
ZIP 98406 led all ZIPs at 69.8%, per the Real Estate Data Aggregator. ZIP 98403 was close behind at 68%. ZIP 98465 at 64% rounded out the top three. Not every ZIP moved that fast. ZIP 98373 saw just 35.6% go under contract within two weeks.
Supply by ZIP: where inventory was tightest
- 1984651.2 months
- 2984061.7 months
- 3984181.7 months
- 4984051.8 months
- 5984081.8 months
- 6983742.6 months
- 7983752.7 months
- 8984072.8 months
Six ZIPs sat at or below 2 months of supply. That is a seller-leaning reading in most markets. The loosest ZIP in this group was 98338 at 3.7 months, per the Real Estate Data Aggregator. That is still not a buyer's market, but it gave shoppers more room.
Prices: a mixed picture across the market
Prices moved in both directions. The Real Estate Data Aggregator showed ZIP 98407 up 7.9% year over year to $723,750. ZIP 98465 showed a median of $535,000, down 22.4% from a year before. A price drop in a tight-supply ZIP can mean the mix of homes that sold shifted, not that values fell across the board. One ZIP's number does not tell the whole story for your street.
Sellers priced well mostly got what they asked
Every ZIP in this group averaged at or above list price. ZIP 98406 led at 101.7%, per the Real Estate Data Aggregator. That means sellers who priced right were not leaving money on the table, even with rates above 7%.
The national picture behind these local numbers
Realtor.com reported that 20.8% of listings nationally took a price cut in September 2026, the highest share since October 2022. The Federal Housing Finance Agency put U.S. home price growth at 2.6% year over year through July 2026. Pierce Co Buy Box's tightest ZIPs held up better than that national softening suggests.
- For the three months ending July 31, 2026, the tightest ZIPs in Pierce Co Buy Box had under 2 months of supply and most homes went under contract fast.
- Rates climbed above 7%, per Realtor.com, but well-priced homes still sold at or above list.
- Not every ZIP read the same way.
- ZIP 98338 took a median 33 days and had 3.7 months of supply.
- One street can tell a very different story from its ZIP code average.
Your next step
(360) 535-4743Text me your address and I will send back how your Pierce Co home compares with what actually sold in your ZIP during the three months ending July 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 98402, 98403, 98404, 98405, 98406, 98407, 98408, 98409, 98418, 98445, 98465, 98373, 98374, 98375, 98391, 98498, 98499, 98338 and 98387, the three months ending July 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Sep 3, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: Redfin Reports U.S. Home Prices Rose 0.25% From a Month Earlier in August, Sep 22, 2026
- Redfin: Price-Drop Rate Ticks Up to Record September Rate Amid Strong Buyer’s Market, Sep 30, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- No Real Estate Data Aggregator numbers for 98421, so this part is from websites alone.