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Lake Morton-Berrydale, WA

Full City Profile · Washington · Pierce County County

3.3 /5.0
B Good
10,591 Population 860/sq mi density
$127,074 Median Income $56,372 per capita
$661,400 Home Value $670,976 Zillow
$1,807 Median Rent 16.1% income on rent
54°F Avg Temperature 240 sunny days/yr
214 Violent Crime/100K 3,834 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$127,074 median income, 2.2% unemployment
B+
Affordability
3.7 / 5.0
$661,400 home value, $1,807/mo rent
F
Safety
1.0 / 5.0
214 violent crimes/100K
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher

Housing Overview

Median Home Value
$661,400
135% above
US avg: $281,900
Median Rent
$1,807/mo
55% above
US avg: $1,163/mo
Homeownership Rate
88.8%
36% above US avg (65.4%)
Total Housing Units
3,576
Median year built: 1983

Home Value by Source

Census Median
$661,400
Zillow (ZHVI)
$670,976
Median Sale Price
$795,000
Median List Price
$780,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.8%
Owner-Occupied
11.2%
Renter-Occupied
89%
11%
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: $1,807/mo

Market Indicators (Redfin)

Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$341
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
16.1%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
88.8%

Complete Housing Data

Home Values

Census Median Value$661,400
Zillow Home Value (ZHVI)$670,976
Median Sale Price$795,000
Median List Price$780,000
Price Per Sq Ft$341

Rent

Census Median Rent$1,807
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 Market56
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold6
Active Inventory17
Price Per Sq Ft$341

Ownership & Stock

Owner-Occupied88.8%
Renter-Occupied11.2%
Homeownership Rate88.8%
Total Housing Units3,576
Median Year Built1983
Rent Burden16.1%