The story of this market
The typical home in ZIP 98387 sells for about $500,000, or $327 per square foot.
Prices are up +4.6% from a year ago, so sellers still have some momentum. Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,869 a month.
ZIP 98387 — Spanaway
The housing market in the 98387 area, as part of the broader Tacoma market, is currently characterized as a seller's market with limited inventory. Prices are showing a year-over-year increase of 4.6% with homes selling quickly, reflecting strong buyer competition. Figures provided are based on Tacoma-wide market data as specific ZIP-level metrics for inventory and sales velocity were not published.
Median prices moved up 4.6% year over year.
Homes spend a median of 11 days on market with 2.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 7.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98387, 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.
Data sourced from US Census Bureau and ACS estimates via UnitedStatesZipCodes.org
- Wild Waves Theme and Water Park3.914.6 mi
- Round1 Bowling & Arcade - Puyallup3.88 mi
- Dave & Buster's3.917.6 mi
- Sky Zone Trampoline Park4.212.9 mi
- Catapult Adventure Park Puyallup3.910.6 mi
- Washington State Fair Event Center4.39.6 mi
- Tacoma Dome4.111.2 mi
- Wild Waves Theme and Water Park3.914.6 mi
- White River Amphitheatre4.118.3 mi
- Cheney Stadium4.711.9 mi
- Washington State Fair Event Center4.39.6 mi
- Northwest Trek Wildlife Park4.612.9 mi
- Nisqually Red Wind Casino412.9 mi
- Chambers Bay Golf Course4.711.3 mi
- AMC Lakewood Mall 124.47.5 mi
- Museum of Glass4.511.9 mi
- LeMay - America’s Car Museum4.711.2 mi
- Children's Museum of Tacoma4.612.1 mi
- Tacoma Art Museum4.612 mi
- Washington State History Museum4.611.8 mi
- Northwest Trek Wildlife Park4.612.9 mi
- Chambers Bay Golf Course4.711.3 mi
- Sprinker Recreation Center4.53.5 mi
- Fort Steilacoom Park4.79.6 mi
- Spanaway Park4.43.2 mi
- Tacoma Yacht Club4.716.7 mi
- Point Defiance Marina4.716.7 mi
- Foss Harbor Marina4.612.6 mi
- Tyee Marina4.115.4 mi
- Russell Landing4.58.3 mi
- Chambers Bay Golf Course4.711.3 mi
- The Home Course4.611.8 mi
- Meadow Park Golf Course4.59.3 mi
- High Cedars Golf Club4.18.9 mi
- Eagle's Pride Golf Course & Simulator411.8 mi
- Tacoma Mall4.110.1 mi
- South Hill Mall4.18.1 mi
- WinCo Foods4.38.6 mi
- Lakewood Towne Center4.27.7 mi
- Fred Meyer4.210.5 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.426.1 mi
- The Club SEA2.725.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.