The Gig Harbor housing market is very competitive. Homes in Gig Harbor receive 1 offers on average and sell in around 37 days. The median sale price of a home in Gig Harbor was $860K last month, up 0.3% since last year. The median sale price per square foot in Gig Harbor is $371, down 4.5% since last year.
What is the housing market like in Gig Harbor today?
In October 2024, Gig Harbor home prices were up 0.3% compared to last year, selling for a median price of $860K. On average, homes in Gig Harbor sell after 37 days on the market compared to 7 days last year. There were 81 homes sold in October this year, up from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$860,000
+0.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Gig Harbor, WA
$860,000
+0.3%
United States
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How hot is the Gig Harbor housing market?
Gig Harbor is very competitive. Homes sell in 25 days.
0
100
74
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 5 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
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.