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Puyallup, WA Market Trends This January 2026: Where Home Prices Stand Now

Published on Tuesday, January 13, 2026
Mike Rudnev
eXp Realty
Focus areas include Auburn, Bellevue, Burien, Des Moines, Edgewood, Federal Way, Kent, Lake Tapps, Maple Valley, Medina, Normandy Park, Puyallup, Renton, Seatac, Seattle, Spanaway and Tacoma, along with surrounding towns, communities and neighborhoods.
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January 2026 showcases important trends in Puyallup, WA, with home values and market conditions that both buyers and sellers must understand. Is it a good time to buy in Puyallup, WA? The numbers this month point to an evolving but stable landscape, giving important clues for strategizing in the current setting.

With a median estimated property value of $573,940 in Puyallup, WA for January 2026, the city marks a 2.4 percent rise over the past year. This upward momentum, while moderated by a minor 0.2 percent dip from the previous month, matters to buyers evaluating long-term investment and sellers considering when to list. Local market watchers should note that closed sales in December 2025 featured a median sold price of $540,000, up 1.6 percent month-over-month, showing continuing buyer demand and reflecting evolving pricing power.

Key Market Metrics for Puyallup, WA

Notably, recent closed sales ranged from $287,500 to $749,989 and the average price per square foot hit $309. This signals a varied inventory that lets both first-time buyers and more experienced investors find affordable homes in Puyallup, WA this January 2026. Why does this matter? A wide price band gives flexibility for different purchase strategies, while higher per square foot figures reflect active competition in many neighborhoods.

Puyallup, WA opportunity highlights include a homeownership rate of 51 percent and a notable 49 percent share for rental occupancy. Having this balance is important as it gives agents sharper insight for tailoring recommendations: for some buyers, more rental inventory can mean increased future rental yield; for sellers, a strong base of prospective owner occupants remains. The market’s median home age is 34 years, revealing character and variety for those seeking more than just new construction.

January 2026 Market Distribution

In this cycle, closed sales involved homes sized from 1,136 to 2,845 square feet, with closed price per square foot lows and highs between $248 and $522. That means buyers seeking value can focus on homes below the median, while those seeking premium amenities have relevant options too. One list worth watching is distressed inventory entries, as Puyallup recorded 10 distressed sales in the last quarter; these listings, ranging from $413,440 to $640,370 with median values near $530,230, demonstrate opportunities for both investors and value-driven buyers.

Economic Context and Transaction Patterns

Economic support remains strong, anchored by a median household income of $95,639, per capita income of $44,990, and a 4.6 percent unemployment rate. Why is this important for buyers and sellers? Sustained income levels match well with price points and can enhance mortgage qualification. A labor force of approximately 24,000 supports ongoing demand for all housing types. Here are a few quick facts:

  • Median value growth: 2.4 percent year-over-year
  • Rental occupancy: 49 percent
  • Closed sales price range: $287,500–$749,989
  • Average closed price per square foot: $309
  • Distressed listings (last 3 months): 10

Puyallup, WA Quality of Life and Livability

The community’s AARP Livability Index for zip code 98371 scores 52, with housing affordability at 48, neighborhood access at 55, and transportation at 40. Buyers and sellers should pay attention to these metrics because they inform not just financial decisions but lifestyle outcomes. Residents enjoy a median commute time of 32 minutes and about 45 inches of annual rainfall, while families will note balanced segments among married couples and parents with children. Why does livability matter for market traction? Strong basic amenities make properties attractive to a wider pool over the long term. Exploring how to sell your house fast in Puyallup, WA often comes down to surfacing these local differentiators.

Strategy and Opportunity for Buyers and Sellers in January 2026

Based on these markers, the question many ask is whether now is the right moment to take action. If you are considering listing your property, declining inventory and continued price appreciation work to your advantage. For buyers, a blend of accessible homes and ongoing development provides genuine alternatives, particularly when monitoring distressed listings for special opportunities. Expert negotiation in Puyallup, WA can help align clients with their ideal outcome, whether that means closing quickly, maximizing proceeds, or finding below market value.

All these data points tie closely to January 2026, making timing a vital part of every client discussion and offer or listing decision. Whether you are focused on purchase or sale, these facts keep decision making grounded and reduce surprises.

From Questions to Keys in Puyallup, WA

Speak with Mike Rudnev about timing, pricing, and neighborhoods that fit your goals this January 2026. Call or explore local market insights to plan your next steps in Puyallup, WA.

What to Watch Moving Forward

Puyallup, WA is expected to maintain its momentum through the end of January 2026, with both home values and rental opportunities remaining strong. Take advantage of ongoing shifts by leveraging smart negotiation and local market knowledge. Should you need clarity on how current activity fits your goals, remember that local guidance with the right facts makes all the difference.

Mike Rudnev
Written by Mike Rudnev
eXp Realty
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