Market Summary

Spanaway, Pierce County, WA

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Median Home Price Price

$496,536 $496.5K

Median Monthly Rent Rent

$2,189 $2.2K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Pierce County

Region Price Rent GRM Display
$545,710 $2,206 21.0x
$522,316 $2,226 19.0x
$602,168 $2,201 23.0x
$550,262 $2,610 18.0x
$541,299 $2,688 17.0x
$455,553 $2,229 17.0x
$584,473 $2,165 22.0x
$615,381 $2,123 24.0x
$552,686 $2,605 18.0x
$570,527 $2,225 21.0x
$554,993 $2,276 20.0x
$502,264 $2,004 21.0x
$604,450 $2,232 22.0x
$569,216 $2,222 21.0x
$478,278 $1,919 21.0x
$660,586 $2,662 21.0x
$515,174 $2,223 19.0x
$471,786 $2,244 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within WA outside of Pierce County

Region Price Rent GRM Display
$588,694 $2,216 22.0x
$579,697 $2,118 23.0x
$474,179 $1,917 21.0x
$498,454 $2,038 20.0x
$662,603 $2,221 25.0x
$512,913 $1,974 22.0x
$553,180 $2,233 21.0x
$634,669 $2,220 24.0x
$592,391 $2,432 20.0x
$594,518 $1,846 27.0x
$568,857 $2,233 21.0x
$644,896 $2,242 24.0x
$521,409 $2,241 19.0x
$526,180 $1,980 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of WA

Region Price Rent GRM Display
$829,229 $2,264 30.0x
$486,398 $2,231 18.0x
$516,948 $2,222 19.0x
$478,970 $2,108 19.0x
$670,654 $2,172 26.0x
$535,158 $2,785 16.0x
$277,678 $1,264 18.0x

Home prices

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Monthly rent

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GRM

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Spanaway

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Trend Insights

Median Rent in Spanaway, WA is $2,189, with MoM change +$14 and YoY change +$65 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Spanaway, WA.

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Metric
Base market Spanaway, WA
Compare market Select a market
Delta vs base
Median rent
$2,189
N/A
Median price
$496,536
N/A
YoY change
+$65
N/A
Price-to-rent
18.9x
Data unavailable
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