Homes for Sale in University Place

University Place, Washington is located off Puget Sound and is bordered by Tacoma, Fircrest, and Lakewood/Steilacoom to the South. It is a close-knit residential community of 30,000 residents that offers beautiful houses. Its "small town" atmosphere, friendly people, excellent public and private schools and outstanding scenery are among the many reasons to live and work in the community. The community has become a suburban residential area that is eager to retain its unique quality of life yet looks ahead to future challenges.

Conveniently located approximately 50 miles south of Seattle and 40 miles North of Olympia, University Place is readily accessible by Interstate 5 or Highway 16. Residents also enjoy its close proximity to the snow covered Olympic Mountain Ranges, Mt. Rainier and Puget Sound. Real estate options offer an affordable selection of single-family detached homes for sale, condominiums and townhomes. This community is the ideal place to live, work and play!

| University Place City Guide |

The real estate market in University Place is mostly composed of single-family detached homes for sale with a few condominiums and townhomes. Spacious two-to-three bedrooms homes, with mountain views start in the high $300,000s. Larger houses, with multiple fireplaces, home security systems and RV/Boat parking, are priced starting in the mid-$400,000s up to $1.5 million. Several condominiums for sale are available, and prices start at about $200,000. Many of these units have access to community swimming pools, recreation centers and clubhouses.

University Place WA Real Estate for the week of January 23rd, 2012: homes priced around $301,552 compared to $305,227 the previous week, showing a decrease of less than -1%.  For Sunday, January 29th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in University Place WA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in University Place, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in University Place, University Place neighborhood information, crime stats, home values, and schools in University Place to help you find the best home!