There are currently 20,209 real estate properties in Gig Harbor, WA, with a median automated valuation model (AVM) price of $658,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gig Harbor, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gig Harbor, WA, is $701,185.00, with the most expensive house in Gig Harbor, WA, topping out at $11,550,000.00 and the cheapest home in Gig Harbor, WA, clocking in at $65,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Gig Harbor, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gig Harbor, WA, is on a rollercoaster ride. The average rent price in Gig Harbor, WA, is $2,092.00. Indeed, when looking to rent in Gig Harbor, WA, you can expect to pay as little as $910.00 or as much as $4,900.00, with the average rent median estimated to be $2,070.00. The good news is that finding an affordable and desirable property to rent in Gig Harbor, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gig Harbor, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gig Harbor, WA and much more. Save thousands at closing with home foreclosure listings in Gig Harbor, WA — up to 75% off market value!
Gig Harbor is located in Pierce, Washington, with an estimated municipal population of 10,717 residents. All of the best foreclosed homes for sale in Gig Harbor are located in the following zip code areas on Foreclosure.com: 98332 98335. The estimated population per square kilometer (.62 miles) in Gig Harbor is 701.
So, about how much do homes cost in Gig Harbor? The most recent median value of resident-owned homes in Gig Harbor is 475,828. An estimated 59.1 percent of households in Gig Harbor own their homes, with an average family size of 3.05. The median household income in Gig Harbor is 84,335, with42.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gig Harbor, the median commute time of resident workers (in minutes) is 26.8. And last, but certainly not least, are you looking for homes to rent in Gig Harbor? If so, the average rent price paid by renters in Gig Harbor is 1,419, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Gig Harbor, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Gig Harbor is 44.3, split between 46 percent male versus 54 female. The percentage of residents who report being married in Gig Harbor is 53.7, with an average family size of 3.05.
The percentage of residents who report their race in Gig Harbor is as follows:
|Black / African American||0.7%|
|American Indian / Alaskan Native||1.8%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Gig Harbor? Or maybe you are searching for 55+ active adult communities in and/or near Gig Harbor?
The percentage of residents who report their age in Gig Harbor is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Gig Harbor with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gig Harbor.
How do you know that living in -- or moving to -- Gig Harbor is right where you need to be? Perhaps you grew up in Gig Harbor or already live nearby; therefore, the decision to buy a home in Gig Harbor is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gig Harbor for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Gig Harbor:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gig Harbor.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gig Harbor can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gig Harbor, meanwhile, can field multiple offers from more qualified buyers.