University Place, WA Real Estate

According to census data in the year 2000 there were 12,707 housing units in University Place. This represents a 10.1% growth from 11,546 in 1990.

Of those housing units, 12,707 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in University Place is about 57.9%. University Place's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.46 people.

The majority of houses, apartments or condos in University Place were built after 1976.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom14.90%
Two Bedrooms29.30%
Three Bedrooms32.30%
Four Bedrooms17.30%
Five Bedrooms or more4.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1973
Median Value of occupied units$177,000
Median Price asked for vacant units$176,400

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1980
Median Monthly Rent asked for vacant units$565

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage9.70%
Home Equity Loan8.70%
Simple Mortgage57.10%
Debt Free23.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%