The story of this market
The typical home in ZIP 98303 sells for about $409,000, or $275 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 98303 — Anderson Island
The 98303 market is a niche, low-turnover environment characterized by high owner-occupancy and limited inventory. Prices have seen modest appreciation, driven by demand for remote, lifestyle-oriented properties rather than urban economic growth. Market conditions remain stable due to the geographic constraints of island living.
This ZIP is best suited for retirees, remote workers, and those seeking a quiet, nature-oriented lifestyle who are comfortable with ferry-dependent logistics.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced market.
15% 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 0.0% · poverty 23.1% — 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 9.2%/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 7.0%/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 98303, Pierce County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Anderson Island is a remote, ferry-accessible community with very low reported crime rates compared to the mainland Pierce County urban centers.
The area is served by the Steilacoom Historical School District, which generally maintains positive performance ratings for its small-community school environments.
The island geography presents unique wildfire and wind-exposure risks, with property insurance premiums often reflecting the logistical challenges of emergency access via ferry.
Development is constrained by the island's geography and ferry-dependent infrastructure, resulting in a stable, low-growth residential environment rather than industrial or commercial expansion.
Property taxes are assessed by Pierce County; the rate includes standard state and local levies, with no specific MUD/PID districts common to mainland suburban developments.
Commuting requires a ferry transit to the mainland, followed by a drive to employment hubs in Lakewood, Tacoma, or Joint Base Lewis-McChord.
The area features extensive private community amenities including lakes, golf courses, and parks managed by the Riviera Community Club, alongside significant waterfront access.
The rental market is primarily composed of seasonal or long-term residential leases with limited inventory and low turnover due to the island's isolated nature.
The local economy is minimal, with most residents commuting to the mainland for employment in the Tacoma-Lakewood-JBLM corridor.
The area is served by the Steilacoom Historical School District and local fire/utility districts specific to the island.
Premiums are influenced by the island's remote location and the necessity of ferry-based emergency services.
Data retrieved from data.census.gov ZCTA 98303 profile.
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.
- Wild Waves Theme and Water Park3.919 mi
- Round1 Bowling & Arcade - Puyallup3.818 mi
- Sky Zone Trampoline Park4.29.2 mi
- Sky Zone Trampoline Park4.417.2 mi
- Odyssey 14.28.9 mi
- Washington State Fair Event Center4.318.3 mi
- Tacoma Dome4.113.1 mi
- Wild Waves Theme and Water Park3.919 mi
- Cheney Stadium4.710.1 mi
- Greater Tacoma Convention Center4.412.9 mi
- Point Defiance Zoo & Aquarium4.512.4 mi
- Nisqually Red Wind Casino411.3 mi
- Chambers Bay Golf Course4.75.9 mi
- Point Defiance Park4.712.4 mi
- AMC Lakewood Mall 124.48 mi
- Hands On Children's Museum4.812.8 mi
- Museum of Glass4.513 mi
- LeMay - America’s Car Museum4.712.9 mi
- Children's Museum of Tacoma4.613 mi
- Tacoma Art Museum4.613 mi
- Chambers Bay Golf Course4.75.9 mi
- Point Defiance Park4.712.4 mi
- Sprinker Recreation Center4.511.9 mi
- Billy Frank Jr. Nisqually National Wildlife Refuge4.86.4 mi
- Point Ruston4.712.6 mi
- Boston Harbor Marina4.410.5 mi
- Swantown Marina & Boatworks4.612.6 mi
- Tacoma Yacht Club4.712.7 mi
- Point Defiance Marina4.712.6 mi
- Foss Harbor Marina4.613.3 mi
- Chambers Bay Golf Course4.75.9 mi
- The Home Course4.64.1 mi
- Meadow Park Golf Course4.58.4 mi
- Eagle's Pride Golf Course & Simulator45.5 mi
- Allenmore Golf Course4.311.1 mi
- Tacoma Mall4.110.7 mi
- WinCo Foods4.310.7 mi
- Metropolitan Market Tacoma4.611.7 mi
- Lakewood Towne Center4.27.9 mi
- WinCo Foods4.58.8 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.426.4 mi
- The Club SEA2.726.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides golf, lake access, and park facilities for residents.
Central recreational lake for swimming and fishing.
Public green space and trail access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.