Gig Harbor
Nestled on the shores of the Puget Sound, Gig Harbor offers a serene, small-town vibe with easy access to big-city amenities. Often referred to as “the gateway to the Olympic Peninsula,” Gig Harbor is a picturesque waterfront community that’s attracting homebuyers looking for a blend of natural beauty, high quality of life, and strong real estate investment potential.
Median Home Prices
As of 2024, the median home price in Gig Harbor stands at approximately $760,000. This is higher than nearby Tacoma, but it reflects the premium of waterfront living, larger homes, and the charm of a community that offers a slower pace of life without sacrificing convenience. Gig Harbor’s housing market remains competitive due to its desirable location, and with the current trends, this price is likely to keep rising.
Why Choose Gig Harbor?
There are plenty of reasons why people are drawn to Gig Harbor. Whether you’re a family looking for top-notch schools, a retiree seeking tranquility, or an outdoor enthusiast, this city has something for everyone.
Waterfront Living: Gig Harbor is known for its stunning views of the water and Mount Rainier. Many homes offer direct waterfront access or are within walking distance of the harbor. The scenic views are one of the biggest draws for buyers, making every day feel like a vacation.
Charming Downtown: The downtown area is a picture-perfect waterfront setting with boutique shops, art galleries, restaurants, and cafes. Whether it’s strolling along the harbor, dining by the water, or enjoying a local festival, Gig Harbor’s downtown has an old-school charm that feels welcoming and community-oriented.
Great Schools: Gig Harbor is home to some of the best schools in the region, making it a top choice for families. The Peninsula School District consistently receives high marks for its quality education, which adds to the appeal for those looking to settle down.
Outdoor Recreation: From kayaking on the Puget Sound to hiking nearby trails, Gig Harbor is a haven for outdoor enthusiasts. The area’s parks and marinas make it easy to take advantage of water sports, boating, and fishing.
Convenient Location: Despite its peaceful setting, Gig Harbor is just a short drive from Tacoma and about an hour from Seattle. The Tacoma Narrows Bridge provides easy access for commuters or those looking to enjoy the cultural and professional opportunities of the bigger cities, without living in the middle of the hustle and bustle.
Popular Neighborhoods in Gig Harbor
Gig Harbor offers a mix of waterfront estates, family-friendly neighborhoods, and upscale developments, making it a versatile option for various buyers. Here are a few standout areas:
Harborview Drive/Downtown: If you love being close to the water and the heart of the action, this area is for you. Homes here range from charming cottages to luxurious waterfront properties. The median price in this area tends to be on the higher side, often reaching $1 million or more for waterfront homes, but the scenic views and walkability to downtown are unmatched.
Canterwood: One of the most prestigious neighborhoods in Gig Harbor, Canterwood offers a gated, golf course community with luxury homes. The median price here is around $1 million, and it attracts those looking for high-end amenities, privacy, and an active lifestyle.
Crescent Valley: If you’re looking for larger lots and a more rural feel, Crescent Valley provides spacious properties with a mix of traditional and modern homes. The median home price here is around $800,000, offering more space and privacy while still being close to town.
Fox Island: Located just south of Gig Harbor, Fox Island is a peaceful, secluded community that feels like a getaway while still being connected. With its waterfront properties and island charm, homes on Fox Island average around $850,000.
Artondale: A family-friendly neighborhood located a bit inland, Artondale is known for its larger homes, parks, and good schools. It offers a quieter suburban feel with homes ranging around $700,000, making it slightly more affordable while still offering great value.