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Spanaway, WA
Full City Profile · Washington · Pierce County County
3.0
/5.0
B
Good
34,322
Population
3,923/sq mi density
$94,028
Median Income
$36,609 per capita
$401,000
Home Value
$504,514 Zillow
$1,782
Median Rent
29.4% income on rent
51°F
Avg Temperature
240 sunny days/yr
641
Violent Crime/100K
4,156 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$94,028 median income, 3.2% unemployment
A
Affordability
4.3 / 5.0
$401,000 home value, $1,782/mo rent
F
Safety
1.0 / 5.0
641 violent crimes/100K (69% above avg)
C
Education
2.2 / 5.0
15.6% bachelor's degree or higher
Housing Overview
Median Home Value
$401,000
42% above
US avg: $281,900
Median Rent
$1,782/mo
53% above
US avg: $1,163/mo
Homeownership Rate
72.8%
11% above US avg (65.4%)
Total Housing Units
11,753
Median year built: 1989
Home Value by Source
Census Median
$401,000
Zillow (ZHVI)
$504,514
Median Sale Price
$492,000
Median List Price
$499,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.8%
Owner-Occupied
27.2%
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:
$1,782/mo
· Zillow rent:
$2,744/mo
Market Indicators (Redfin)
Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
17.5%
of listings with price reduction
Price Per Sq Ft
$288
Active Inventory
57
homes for sale
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
72.8%
Complete Housing Data
Home Values
| Census Median Value | $401,000 |
| Zillow Home Value (ZHVI) | $504,514 |
| Median Sale Price | $492,000 |
| Median List Price | $499,950 |
| Price Per Sq Ft | $288 |
Rent
| Census Median Rent | $1,782 |
| Zillow Rent (ZORI) | $2,744 |
| 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 | 58 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.5% |
| Homes Sold | 28 |
| Active Inventory | 57 |
| Price Per Sq Ft | $288 |
Ownership & Stock
| Owner-Occupied | 72.8% |
| Renter-Occupied | 27.2% |
| Homeownership Rate | 72.8% |
| Total Housing Units | 11,753 |
| Median Year Built | 1989 |
| Rent Burden | 29.4% |