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Elk Plain, WA

Full City Profile · Washington · Pierce County County

3.1 /5.0
B Good
13,863 Population 1,654/sq mi density
$101,250 Median Income $41,970 per capita
$440,300 Home Value $534,493 Zillow
$1,908 Median Rent 24.0% income on rent
51°F Avg Temperature 240 sunny days/yr
279 Violent Crime/100K 7,125 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$101,250 median income, 2.0% unemployment
A
Affordability
4.2 / 5.0
$440,300 home value, $1,908/mo rent
F
Safety
1.0 / 5.0
279 violent crimes/100K
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Housing Overview

Median Home Value
$440,300
56% above
US avg: $281,900
Median Rent
$1,908/mo
64% above
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
5,115
Median year built: 1993

Home Value by Source

Census Median
$440,300
Zillow (ZHVI)
$534,493
Median Sale Price
$522,500
Median List Price
$604,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.9%
Owner-Occupied
16.1%
Renter-Occupied
84%
16%
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: $1,908/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
61.5%
of listings with price reduction
Price Per Sq Ft
$297
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
83.9%

Complete Housing Data

Home Values

Census Median Value$440,300
Zillow Home Value (ZHVI)$534,493
Median Sale Price$522,500
Median List Price$604,950
Price Per Sq Ft$297

Rent

Census Median Rent$1,908
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 Market39
Sale-to-List Ratio1.0%
Price Drops61.5%
Homes Sold12
Active Inventory13
Price Per Sq Ft$297

Ownership & Stock

Owner-Occupied83.9%
Renter-Occupied16.1%
Homeownership Rate83.9%
Total Housing Units5,115
Median Year Built1993
Rent Burden24.0%