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Black Diamond, WA
Full City Profile · Washington · Pierce County County
3.7
/5.0
B+
Good
5,678
Population
860/sq mi density
$144,728
Median Income
$67,735 per capita
$776,400
Home Value
$775,342 Zillow
$2,340
Median Rent
14.7% income on rent
51°F
Avg Temperature
240 sunny days/yr
23
Violent Crime/100K
1,064 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$144,728 median income, 0.8% unemployment
B+
Affordability
3.6 / 5.0
$776,400 home value, $2,340/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
A+
Education
5.0 / 5.0
56.5% bachelor's degree or higher
Housing Overview
Median Home Value
$776,400
175% above
US avg: $281,900
Median Rent
$2,340/mo
101% above
US avg: $1,163/mo
Homeownership Rate
87.0%
33% above US avg (65.4%)
Total Housing Units
2,169
Median year built: 1994
Home Value by Source
Census Median
$776,400
Zillow (ZHVI)
$775,342
Median Sale Price
$614,500
Median List Price
$779,200
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.0%
Owner-Occupied
13.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$2,340/mo
· Zillow rent:
$2,384/mo
Market Indicators (Redfin)
Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
18.0%
of listings with price reduction
Price Per Sq Ft
$346
Active Inventory
50
homes for sale
Affordability & Housing Stock
Rent Burden
14.7%
of renters spending 30%+ of income on housing
53% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
87.0%
Complete Housing Data
Home Values
| Census Median Value | $776,400 |
| Zillow Home Value (ZHVI) | $775,342 |
| Median Sale Price | $614,500 |
| Median List Price | $779,200 |
| Price Per Sq Ft | $346 |
Rent
| Census Median Rent | $2,340 |
| Zillow Rent (ZORI) | $2,384 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 84 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.0% |
| Homes Sold | 14 |
| Active Inventory | 50 |
| Price Per Sq Ft | $346 |
Ownership & Stock
| Owner-Occupied | 87.0% |
| Renter-Occupied | 13.0% |
| Homeownership Rate | 87.0% |
| Total Housing Units | 2,169 |
| Median Year Built | 1994 |
| Rent Burden | 14.7% |