University Place
Why University Place, WA is a Perfect Place to Call Home
Located along the scenic shores of Puget Sound, University Place (UP) is one of the most desirable communities in Pierce County, Washington. Known for its excellent schools, diverse architecture, and stunning natural beauty, University Place has become a sought-after location for homebuyers looking to enjoy a balance of suburban living and easy access to urban amenities. Let’s take a deeper look at what makes this vibrant community so attractive from a real estate perspective.
Median Home Price in University Place
University Place offers a range of housing options, from cozy starter homes to luxurious waterfront properties. As of 2024, the median home price in UP hovers around $650,000, reflecting the area's strong demand and stable market. The variety of homes on the market—whether modern, mid-century, or traditional—ensures that buyers have plenty of options to find their dream home.
UP’s robust real estate market continues to attract families, retirees, and professionals, all seeking a community-oriented environment with top-notch amenities and an exceptional quality of life.
Things to Do in University Place
UP’s residents have no shortage of activities to enjoy. The city is home to several parks, including the world-famous Chambers Bay Golf Course, which hosted the 2015 U.S. Open. Whether you’re an avid golfer or just love breathtaking views of Puget Sound, Chambers Bay offers much more than a challenging round of golf. With miles of walking and biking trails, a beach, and picnic spots, it’s a recreational hub for families, outdoor enthusiasts, and dog owners.
For those who enjoy water activities, Day Island provides a quaint and private waterfront retreat with kayaking, paddleboarding, and boating opportunities. Nearby, Titlow Beach offers beachcombing, tide-pooling, and wildlife viewing, making it perfect for nature lovers.
Cultural activities are also abundant. The UP Town Center hosts local businesses, dining spots, and shopping, while the New Market Square is set to become a future destination for retail and entertainment, reflecting the city’s growth and development.
Architecture and Homes
University Place is known for its diverse architectural styles. From mid-century modern homes that capture the essence of 1950s and 60s design to newer contemporary builds with sleek lines and open layouts, UP’s neighborhoods offer something for everyone. The city’s older neighborhoods feature colonial and craftsman-style homes, many of which have been lovingly maintained or tastefully updated, blending classic charm with modern amenities.
Homes with waterfront views or nestled within lush greenbelts are highly sought after, giving homeowners the chance to enjoy the Pacific Northwest’s stunning natural surroundings right from their doorstep. Whether you’re looking for a quaint bungalow, a spacious family home, or a luxury waterfront estate, UP’s housing market caters to a wide range of tastes and budgets.
A Bit of History and Geography
University Place’s name dates back to the late 1800s, when the University of Puget Sound purchased land in the area with plans to build a new campus. Although the university eventually chose a different location, the name “University Place” stuck. Officially incorporated in 1995, UP has grown into a thriving suburban community with around 34,000 residents today.
Geographically, University Place is a gem. Located along the western edge of Pierce County, it boasts miles of shoreline along Puget Sound, offering stunning water and mountain views. Its proximity to both Tacoma and Joint Base Lewis-McChord makes it an ideal location for professionals and military families looking for a peaceful suburban lifestyle while staying close to employment centers.
Why University Place is So Great
There are many reasons why University Place stands out as a prime destination for homebuyers:
Outstanding Schools: University Place School District is one of the top-rated in the state, making it a magnet for families.
Community-Oriented: UP fosters a sense of community that’s hard to find elsewhere. Local events, farmers’ markets, and neighborhood gatherings bring residents together, creating a friendly and welcoming atmosphere.
Natural Beauty: Whether it’s the rolling greens of Chambers Bay, the serene waters of Puget Sound, or the towering trees in the city’s parks, University Place is surrounded by nature. For those who love the outdoors, UP is a paradise.
Access to Urban Amenities: While UP has a relaxed, suburban feel, it’s just minutes away from downtown Tacoma’s museums, restaurants, and entertainment options. Additionally, Seattle is just an hour’s drive away, offering big-city amenities while living in a more peaceful environment.
Strong Housing Market: With a stable real estate market and diverse housing options, University Place continues to attract buyers seeking a mix of luxury, affordability, and long-term investment potential.
