The story of this market
The typical home in ZIP 98351 sells for about $339,900, or $285 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 98351 — Longbranch
The housing market in 98351 remains stable with low inventory levels supporting modest price appreciation. Buyers are primarily seeking single-family homes, though the rural nature of the area and longer commute times limit the pool of active purchasers. Market conditions are currently balanced, reflecting a steady demand for lifestyle-oriented properties.
This ZIP is best suited for families and remote workers seeking a quiet, rural lifestyle with access to water-based recreation, provided they are comfortable with a longer commute to urban centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 14 days on market with 4.1 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 4.8% · poverty 7.2% — 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 7.3%/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 7.4%/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 98351, Pierce County WA
Crime rates in the Longbranch area are generally low compared to the broader Pierce County and Tacoma metropolitan averages, with property crime being the primary reported concern.
Schools serving the area are part of the Peninsula School District, which generally maintains favorable ratings for student performance and college readiness compared to state averages.
The area faces moderate wildfire risk due to its forested landscape and potential for coastal flooding in low-lying shoreline zones along the Key Peninsula.
Economic momentum is primarily driven by residential development and proximity to regional employment hubs in Gig Harbor and Tacoma, with limited large-scale commercial infrastructure.
Property taxes are assessed by Pierce County based on the local levy rate, which includes school district, fire district, and county-wide service levies; no state-level income tax applies.
Commuting from 98351 is primarily car-dependent, with residents typically driving 45-60 minutes to reach major employment centers in Tacoma or the greater Seattle-Tacoma corridor.
The area offers significant outdoor amenities including access to the Puget Sound for boating and fishing, local parks like Penrose Point State Park, and proximity to rural hiking trails.
The rental market is characterized by low inventory and high demand for single-family detached homes, with limited multi-family options available in the immediate ZIP code.
The local economy is largely service-oriented with many residents commuting to larger employers in the Tacoma and Gig Harbor areas; local industry includes small-scale agriculture and tourism.
Public transit is extremely limited; the area is almost entirely reliant on private vehicle transportation for all daily needs and commuting.
Development is strictly managed by Pierce County zoning regulations, focusing on maintaining the rural character of the Key Peninsula with minimal large-scale commercial expansion.
The Pierce County Assessor-Treasurer manages property valuations, conducting annual physical inspections and market-based adjustments to ensure assessments reflect current fair market value.
Parcels are subject to Peninsula School District levies, Key Peninsula Fire District assessments, and various local utility district fees for water and waste management.
Property insurance premiums are influenced by the area's rural classification, wildfire risk, and distance from fire stations, with rates trending upward due to regional hazard exposure.
Washington state continues to see net positive domestic migration, driven by individuals moving from higher-cost coastal states for relative affordability and lifestyle.
Washington is a non-judicial foreclosure state, allowing for a streamlined process under the Deed of Trust Act, provided specific notice and mediation requirements are met.
Sellers are required to provide a comprehensive real property transfer disclosure statement covering structural, mechanical, and environmental conditions of the property.
Data retrieved from data.census.gov ZCTA 98351 profile tables.
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.
- Sky Zone Trampoline Park4.211.7 mi
- Sky Zone Trampoline Park4.417.3 mi
- Odyssey 14.211.6 mi
- Chuck E. Cheese414.4 mi
- Catapult Adventure Park Lakewood412.3 mi
- Tacoma Dome4.116.3 mi
- Cheney Stadium4.713 mi
- Greater Tacoma Convention Center4.415.9 mi
- Hands On Children's Museum4.812.1 mi
- Sprinker Recreation Center4.516.5 mi
- Chambers Bay Golf Course4.79.4 mi
- Hands On Children's Museum4.812.1 mi
- AMC Lakewood Mall 124.412.4 mi
- Fort Steilacoom Park4.710.2 mi
- Penrose Point State Park4.64.1 mi
- Hands On Children's Museum4.812.1 mi
- Museum of Glass4.516.1 mi
- LeMay - America’s Car Museum4.716.1 mi
- Children's Museum of Tacoma4.616 mi
- Tacoma Art Museum4.616 mi
- Chambers Bay Golf Course4.79.4 mi
- Billy Frank Jr. Nisqually National Wildlife Refuge4.89.3 mi
- Fort Steilacoom Park4.710.2 mi
- Regional Athletic Complex4.610.8 mi
- Penrose Point State Park4.64.1 mi
- Boston Harbor Marina4.47.6 mi
- Zittel's Marina Inc4.53.1 mi
- Chambers Bay Golf Course4.79.4 mi
- The Home Course4.68.3 mi
- Meadow Park Golf Course4.512.2 mi
- Eagle's Pride Golf Course & Simulator49.4 mi
- Oakbrook Golf Club4.210.6 mi
- WinCo Foods4.510.1 mi
- Fred Meyer4.211.4 mi
- Lakewood Towne Center4.212.2 mi
- Lewis Main Exchange4.311.4 mi
- Fred Meyer4.211.3 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.427.7 mi
- The Club SEA2.727.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large state park offering camping, hiking, and beach access on the Puget Sound.
Popular local area for kayaking and scenic views.
Key-figure check: median price diverges 47.1% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $500,000 (+47.1% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.