The story of this market
The typical home in ZIP 98322 sells for about $725,000, or $385 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $2,650 a month.
ZIP 98322 — Burley
The housing market in 98322 remains stable with moderate buyer leverage and consistent demand for residential properties. Prices have seen modest year-over-year growth, supported by the area's desirability and proximity to major employment hubs. Current inventory levels are tight, which continues to support pricing despite higher interest rates.
This ZIP is well-suited for families and professionals seeking a balance between suburban living and access to the Tacoma employment core, offering a quieter environment than the city center.
Median prices moved up 2.1% year over year.
Homes spend a median of 41 days on market with 3.4 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 4.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98322, Pierce County WA
Crime rates in the area are generally lower than the regional average for the Tacoma-Seattle corridor, with property crime being the primary concern.
Schools serving the area are part of the Tacoma Public Schools district, generally receiving moderate ratings with strong community engagement.
The area faces moderate risk from seismic activity and localized flooding in low-lying coastal zones, with standard insurance requirements for the region.
Economic momentum is driven by proximity to the Port of Tacoma and regional logistics hubs, with steady residential infill development.
Property taxes are assessed by Pierce County based on local millage rates, which include levies for schools, fire districts, and county services.
Commuters primarily utilize I-5 for access to Tacoma and Seattle employment centers, with transit options limited to regional bus connections.
The area features extensive waterfront access along Commencement Bay, several community parks, and proximity to Northshore Golf Course.
The rental market is competitive with low vacancy rates, driven by demand from professionals working in the logistics and healthcare sectors.
The economy is anchored by the Port of Tacoma, regional healthcare systems, and a growing logistics and distribution sector.
The area is served by major highway corridors including I-5 and SR 509, facilitating regional transit.
Development is focused on residential infill and small-scale commercial improvements along the waterfront corridors.
The Pierce County Assessor-Treasurer manages property valuations and tax collections using a mass appraisal system.
Parcels are subject to various special districts including fire protection, emergency medical services, and local school district levies.
Property insurance premiums are stable but reflect regional risks associated with seismic activity and coastal weather patterns.
Data retrieved from data.census.gov ZCTA-level profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large coastal park with hiking trails and beach access.
Public 18-hole course serving the local community.
Historic landmark with scenic views of the Puget Sound.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.