Market Summary

Summit, Pierce County, WA

City Last updated April 8, 2026

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Median Home Price Price

$569,216 $569.2K

Median Monthly Rent Rent

$2,222 $2.2K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Summit, Pierce County, WA is a city market with a median home price of $569,216, a median monthly rent of $2,222, a GRM of 21.0x, and a price-to-rent ratio of 21.3.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Pierce County

Region Price Rent GRM Display
$570,527 $2,225 21.0x
$522,316 $2,226 19.0x
$502,264 $2,004 21.0x
$471,786 $2,244 17.0x
$554,993 $2,276 20.0x
$584,473 $2,165 22.0x
$515,174 $2,223 19.0x
$658,499 $2,187 25.0x
$545,710 $2,206 21.0x
$615,381 $2,123 24.0x
$604,450 $2,232 22.0x
$478,278 $1,919 21.0x
$577,827 $2,320 21.0x
$496,536 $2,189 19.0x
$637,886 $2,082 25.0x
$716,153 $2,246 26.0x
$455,553 $2,229 17.0x
$550,262 $2,610 18.0x

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
$644,896 $2,242 24.0x
$498,454 $2,038 20.0x
$579,697 $2,118 23.0x
$474,179 $1,917 21.0x
$592,391 $2,432 20.0x
$594,518 $1,846 27.0x
$494,235 $2,007 20.0x
$521,409 $2,241 19.0x
$568,857 $2,233 21.0x
$495,089 $1,833 22.0x
$526,180 $1,980 22.0x
$521,464 $2,050 21.0x
$512,913 $1,974 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
$548,783 $2,305 20.0x
$555,481 $2,118 22.0x
$614,910 $2,092 24.0x

Home prices

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Monthly rent

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GRM

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Summit

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Trend Insights

Median Rent in Summit, WA is $2,222, with MoM change +$15 and YoY change +$77 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Summit, WA
Compare market Select a market
Delta vs base
Median rent
$2,222
N/A
Median price
$569,216
N/A
YoY change
+$77
N/A
Price-to-rent
21.3x
Data unavailable
Frequently Asked Questions

What is the median home price in Summit, Pierce County, WA?

TwinMarket currently shows a median home price of $569,216 for Summit, Pierce County, WA.

What is the median rent in Summit, Pierce County, WA?

The current TwinMarket market snapshot lists median monthly rent at $2,222 in Summit, Pierce County, WA.

What is the GRM in Summit, Pierce County, WA?

TwinMarket currently shows a GRM of 21.0x in Summit, Pierce County, WA. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Summit, Pierce County, WA?

Comparable markets currently surfaced on TwinMarket for Summit, Pierce County, WA include Waller, Pierce County, WA, Frederickson, Pierce County, WA, Lakewood, Pierce County, WA. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Summit, Pierce County, WA market page updated?

The market data shown on this page was last updated on April 8, 2026.