Housing in Gig Harbor, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$930,000

Median List Price

$877,500

Price Per Sq Ft

$356

Days on Market

57

Active Inventory

106

Months of Supply

3.2

Seller's market

Zillow Home Value

$797,241

ZHVI — January 2026

Zillow Rent Index

$2,483

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.2%List Price 3.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

9.1%

Off Market in 2 Weeks

34.0%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
9.1%
Under Contract in 2 Wks
34.0%
Listings with Price Drops
26.4%

Market Activity

Source: Redfin

Homes Sold

33

New Listings

54

Pending Sales

53

Homes Sold 35.3%New Listings 14.3%Pending 20.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$356

Median List $/SF

$405

Sale $/SF 2.7%List $/SF 8.0%Mar 24Jan 26

Gig Harbor vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Gig Harbor is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$686,000

Median Rent

$2,097

Total Housing Units

5,683

Vacancy Rate

7.8%

Owner Occupied

62.6%

Renter Occupied

37.4%

Median Property Tax

$4,948

per year

Monthly Cost (w/ Mortgage)

$2,043

Housing Types

Single Family
66.4%
Multi-Family
30.4%
Mobile Home
3.3%

The current median sale price in Gig Harbor, WA is $930,000 according to Redfin data. Homes spend a median of 57 days on the market. 9.1% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $356. Zillow's observed rent index is $2,483/month. About 62.6% of housing units are owner-occupied. The median year homes were built is 1996. There are 5,683 total housing units.