South Hill Puyallup Market Snapshot: Prices, Trends, and What to Expect

Active listings in South Hill are up nearly 40% year over year. That is the single most important number for homeowners to understand right now. But before you read that as bad news for sellers, consider this: the median home price has risen 7.7% over the same period, and 33% of homes are still selling above asking price. The South Hill Puyallup real estate market is shifting, but it is shifting in a way that still favors well-prepared sellers.

I work with South Hill homeowners regularly, and the conversations I have in early 2026 are different from those I had in 2021. The market is no longer a free-for-all where any listing attracts a bidding war within 48 hours. Today, sellers who succeed are the ones who understand the data, price accurately, and present their homes with intention. This article breaks down the numbers that matter most and translates them into practical guidance. This is an important factor for anyone exploring South Hill Puyallup Real Estate.

South Hill Puyallup Real Estate: The Current Numbers

Here is where the South Hill market stands as of early 2026. Buyers searching for South Hill Puyallup Real Estate should keep this in mind.

Two numbers jump off this table. First, the 21-day average time on market tells you this is not a sluggish market by any standard. Homes are moving quickly. Second, the 99.9% sale-to-list ratio means sellers are getting almost exactly what they ask for. Together, these data points describe a market where demand remains strong even as inventory expands. For those interested in South Hill Puyallup Real Estate, this is worth noting.

Price Trends: The Growth Story Behind the Numbers

The 7.7% year-over-year price increase in South Hill Puyallup Real Estate outpaces the broader Puyallup market, which has seen a modest -0.5% adjustment. That divergence matters. South Hill's premium reflects the area's combination of newer construction, strong schools, and proximity to the Meridian Avenue retail corridor.

Here is the longer view on appreciation.

A homeowner who purchased in Sunrise or Manorwood for $325,000 a decade ago is now looking at a home worth approximately $700,000 or more. That is not speculative growth. It is the result of sustained demand in a community with strong fundamentals: good schools, abundant amenities, and an expanding trail and park system. Understanding this helps when evaluating South Hill Puyallup Real Estate.

The median price per square foot of $290 keeps South Hill competitive against King County suburbs where comparable homes routinely exceed $400 per square foot. For sellers, this means your buyer pool includes families and professionals relocating from higher-cost markets to the north, a trend that continues to support pricing. This context matters for South Hill Puyallup Real Estate decisions.

Inventory Changes: What the 40% Increase Actually Means

The 39.6% year-over-year increase in active listings sounds dramatic, and it deserves context. In 2023 and early 2024, inventory in South Hill Puyallup Real Estate was historically low. The current 441 active listings represent a return to a more normal level, not an oversupply. With 2.3 months of supply, the market is still well below the 4-to-6-month range that defines a balanced market.

The 131 new listings in the most recent 30-day window (a 26% year-over-year increase) tell you that more homeowners are entering the market. Some are taking advantage of strong equity built over the past decade. Others are relocating for jobs, downsizing, or upsizing as their families grow. Buyers searching for South Hill Puyallup Real Estate should keep this in mind.

For sellers, the practical implication is straightforward: you now have more competition on the shelf. Buyers can compare your home against more options than they could a year ago. This does not mean the market has turned against you. It means the margin for error on pricing and presentation has narrowed. For those interested in South Hill Puyallup Real Estate, this is worth noting.

How South Hill Neighborhoods Compare

Not every pocket of South Hill performs the same way. Here is a neighborhood-level price breakdown. This directly impacts the South Hill Puyallup Real Estate landscape.

Manorwood and Lipoma Firs tend to attract buyers in the upper price brackets who value established streetscapes, mature landscaping, and proximity to the Lipoma Firs Golf Course. These homes take slightly longer to sell but command premium prices when positioned correctly. Understanding this helps when evaluating South Hill Puyallup Real Estate.

Sunrise remains the volume leader, with ongoing development at The Ridge at Sunrise (luxury homes from the mid-$600s) and continued buildout of the 1,467-acre master plan. Approximately 76% of the planned 4,728 units are built or underway, which means new inventory will continue entering the market over the coming years. This context matters for South Hill Puyallup Real Estate decisions.

Silvercreek and Gem Heights offer the most accessible price points on South Hill. Sellers in these neighborhoods benefit from strong demand among first-time buyers and families seeking the South Hill school zone without the premium pricing of Manorwood or Sunrise. This is an important factor for anyone exploring South Hill Puyallup Real Estate.

What This Means for You as a South Hill Seller

I want to be direct about what the data tells sellers in today's South Hill market. Buyers searching for South Hill Puyallup Real Estate should keep this in mind.

Development and Infrastructure: Factors to Watch

Several development trends are shaping the South Hill market and may influence your selling timeline.

The recently widened Canyon Road has significantly improved traffic flow for residents in the southern and eastern portions of South Hill. This infrastructure upgrade makes the area more accessible and, by extension, more attractive to buyers who previously viewed Meridian Avenue congestion as a drawback.

Pierce County is evaluating improvements to the 176th Street corridor connecting South Hill to SR-512, which could further reduce commute times. The Chapman Trail system continues to expand, adding recreational value that translates into buyer appeal.

On the development side, the Sunrise Master Planned Community still has room to grow. The 400-unit multifamily complex by Schuur Brothers, expected to begin construction in 2025 or 2026, will add rental inventory that could influence the rental market dynamics for South Hill investment property owners.

South Hill's status as unincorporated Pierce County means it is governed by the county's Comprehensive Plan rather than a city council. For sellers, this means zoning decisions and development approvals happen at the county level, and staying informed about planned projects in your immediate area is worthwhile.

The Bottom Line for South Hill Sellers

The South Hill Puyallup real estate market in 2026 is a healthy, competitive environment for sellers who approach it with a data-informed strategy. Prices are up, homes are selling in three weeks, and the buyer pool remains diverse and motivated. The increase in inventory simply means that preparation and pricing have become more important, not that the market has weakened.

The homeownership rate of 72.8% and median household income of $109,235 reflect a community of invested, stable residents. Population growth of 8.2% over five years demonstrates continued appeal. These are the fundamentals that support long-term value.

If you have been considering selling your South Hill home, the numbers suggest this is a strong time to act. I am here to help you interpret the data for your specific property and neighborhood.

Metric Value What It Signals
Median Home Price $605,000 Strong pricing, up 7.7% year over year
Median Price per Sq Ft $290 Competitive value vs. King County suburbs
Average Days on Market 21 days Fast-moving; homes sell within three weeks
Active Listings (Inventory) 441 More options than in 2023-2024
Months of Supply 2.3 Still a seller's market (under 4 months)
Sale-to-List Price Ratio 99.9% Sellers receiving virtually full asking price
New Listings (30-day) 131 26% increase in new listing activity year over year
Homes Selling Above List 33% One in three homes still exceeding ask
Time Period Appreciation
5-Year (2019-2024) +52%
10-Year (2014-2024) +118%
Neighborhood Price Range Character
Sunrise Master Planned $450,000 - $750,000 Greenbelts, bike paths, mix of housing types
Manorwood $600,000 - $900,000 Upscale, mature trees, larger lots
Lipoma Firs $500,000 - $800,000 Established, adjacent to 27-hole golf course
Silvercreek $475,000 - $650,000 Family-friendly, sidewalks, near schools
Gem Heights $425,000 - $575,000 Affordable entry, walkable layout