The Gig Harbor housing market is somewhat competitive. Homes in Gig Harbor receive 1 offers on average and sell in around 41 days. The median sale price of a home in Gig Harbor was $799K last month, down 14.5% since last year. The median sale price per square foot in Gig Harbor is $346, down 8.3% since last year.
What is the housing market like in Gig Harbor today?
In November 2024, Gig Harbor home prices were down 14.5% compared to last year, selling for a median price of $799K. On average, homes in Gig Harbor sell after 41 days on the market compared to 28 days last year. There were 49 homes sold in November this year, up from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$799,000
-14.5% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Gig Harbor, WA
$799,000
-14.5%
United States
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How hot is the Gig Harbor housing market?
Gig Harbor is somewhat competitive. Homes sell in 34 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Gig Harbor
Explore recent offers and recently sold homes in Gig Harbor
Recent offers
Winning Offer|
9 Weeks Ago
~$2M Offer
5bd | 4.25ba | ~7,500+sqft
Over List Price
0%
Days on Market
16
Competing Offers
—
Down Payment
—
Chandra Gordon
Gig Harbor Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 2.5ba | ~2,250sqft
Under List Price
6%
Days on Market
28
Competing Offers
2
Down Payment
<10%
Peni Petett
Gig Harbor Redfin Agent
My Buyer offered way to low, and even though I warned her, she anticipated the sellers would counter her back. Another offer came in and won at list price.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Gig Harbor housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gig Harbor.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gig Harbor has a minor risk of flooding. 356 properties in Gig Harbor are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Gig Harbor. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gig Harbor has a moderate risk of wildfire. There are 1,110 properties in Gig Harbor that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Gig Harbor.