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Pierce County, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
363
Sold (12M)
338
Median Price
$180K
Market Condition
Strong Buyer's Market

Pierce County, Washington Market Meter

Buyer'sSeller's
Strong Buyer's Market

17.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$180K
Avg Price/Acre
$165K
Avg Days on Market
102
Months of Supply
17.0
YoY Price Change
-4.1%
New Listings (3M)
102

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres52774159
1-2 acres6132656
2-5 acres382147
5-10 acres5102142
10-20 acres-3614
20-50 acres22517
50-100 acres-111
100+ acres----
TOTAL2164154336
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres159 sold / 196 listed
1-2 acres56 sold / 34 listed
2-5 acres47 sold / 47 listed
5-10 acres42 sold / 42 listed
10-20 acres14 sold / 21 listed
20-50 acres17 sold / 20 listed
50-100 acres1 sold / 1 listed
100+ acres0 sold / 2 listed

Median Price by Acreage

$0$275K$550K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$98.2M
Last 12 months
Active Listings
363
Current inventory
Avg Days on Market
102
Time to sell
Price Trend (YoY)
-4.1%
Year over year

Pierce County, Washington Land Market Analysis

How much is land worth in Pierce County, Washington?

The median price for land in Pierce County, Washington is currently $165K per acre. For a typical parcel, the median sale price is $180K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $55K while premium lots reached $475K.

Is now a good time to buy land in Pierce County, Washington?

Pierce County, Washington is currently a strong buyer's market with 17.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 4.1% year-over-year.

What is the months of supply for land in Pierce County, Washington?

Pierce County, Washington currently has 17.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total amount sold in Pierce County, Washington last year?

Over the past 12 months, Pierce County, Washington saw 338 properties sold, totaling $98.2M in sales volume. In just the last 3 months, 64 properties changed hands.

What is the average price per acre in Pierce County, Washington?

Land in Pierce County, Washington averages $460K per acre. The median price per acre is $165K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.

Is now a good time to invest in land in Pierce County, Washington?

The current absorption rate in Pierce County, Washington is 5.9% (3-month basis), indicating slow demand. With depreciating values (-4.1% YoY), buyers may find value opportunities. The top-performing broker in this market is Sea-Port Realty Inc..

What is the median land price in Pierce County, Washington?

The median land price in Pierce County, Washington stands at $180K. This translates to roughly $165K per acre for the typical parcel size. The average price is $290K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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