98351 — Pierce County, Washington Market Snapshot
Housing market data for zip code 98351 in Pierce County, Washington. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 4 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Pierce County county page for broader data.
Market Sales Data
4 sales in 2026 (year to date)
Median Sale Price
$717,500
Days to Sell
20
Homes Sold
4
Inventory
12
Conforming Loan Available
Most homebuyers in 98351 can comfortably use conventional financing. The median home price of $717,500 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 98351 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 98351 can comfortably use conventional financing. The median home price of $717,500 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98351 are set at the county level.
2026 Loan Limits — Pierce County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,063,750 | $1,063,750 |
| 2 Units | $1,361,800 | $1,361,800 |
| 3 Units | $1,646,100 | $1,646,100 |
| 4 Units | $2,045,700 | $2,045,700 |
Affordability Snapshot — Zip 98351
To purchase the median home at $717,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,647.
Monthly Payment
$5,647
Income Required
$242,025
Principal & Interest
$4,421/mo
Down Payment (5%)
$35,875
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98351.
Estimated Monthly Payment
$4,590
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