US5.com
  1. Home
  2. States
  3. Washington
  4. ZIP 98467
  5. Housing & Real Estate
University Place city, WA

ZIP 98467 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98467

Median Home Value
$580,100
Median Rent
$1,395
Affordability Snapshot
$160,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,726/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98467 in University Place city, WA, a household would need roughly $160,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,726. That is about 77% above the local median household income ($90,586), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
61.3%-6% vs US avg
x
Vacancy Rate
6.5%-37% vs US avg
x
Broadband Access
96.8%+11% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
36.4%-27% vs US avg
x
Mortgage-Free
35.4%-7% vs US avg
x
$580,100
Home Value
$1,395
Rent
1984
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached56.0%
  • 1-unit attached4.5%
  • 2-9 units19.5%
  • 10+ units18.4%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$580,100
Median rent$1,395
Owner-occupied61.3%
Vacant6.5%
Price-to-income6.4x
Est. income to buy$160,000