Sumner, WA 98390 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sumner, WA—98390

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$609,000

0.4% YoY Growth

Household Income

$97,800

54.7% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

-1.0%

Median Rent

$1,820

5.9% YoY Growth

1-Bed Rent

$1,800

10.0% YoY Growth

2-Bed Rent

$1,800

8.4% YoY Growth

3-Bed Rent

$2,500

8.7% YoY Growth

Home Price Trends — Sumner, WA

As of May '26, the median home price in Sumner, WA is $609,000, with a year-over-year change of 0.4%. This indicates that home prices in Sumner, WA are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$609,000	0.4%
Single Family	$615,000	0.5%
Condos	$472,000	3.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sumner, WA

As of July '25, Rentcast reports the average rent in Sumner, WA is $2,170, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Sumner, WA is studios: $1,630, 1-bedrooms: $1,760, 2-bedrooms: $1,940, 3-bedrooms: $3,120, 4-bedrooms: $3,150. The most common rental property sizes in Sumner, WA are 2-bedroom and 3-bedroom, accounting for 45.5% and 23.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,820	$2,170
Studio Rent	$1,550	$1,630
1 Bed Rent	$1,800	$1,760
2 Bed Rent	$1,800	$1,940
3 Bed Rent	$2,500	$3,120
4 Bed Rent	$3,150	$3,150

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% of Rental Stock

Studio

2.3%

1 Bedroom

22.3%

2 Bedrooms

45.5%

3 Bedrooms

23.4%

4 Bedrooms

4.7%

5+ Bedrooms

1.7%

Property Listings — Sumner, WA

As of May '26, Realtor.com reports that the median days on market for a home in Sumner, WA is 21. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	-10.0%
Listing Count	36	14.0%
Listings as % of Homes	0.2%	14.0%
Days on Market	21	-24.0%

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Demographics — Sumner, WA

As of the latest ACS Survey released in 2023, Sumner, WA has a population of 11,500, which has increased by 4.4% over the past 5 years. Sumner, WA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,500	4.4%
% Under 18	22.0%	-12.7%
% Seniors	14.1%	-4.7%
% WFH	11.2%	489.5%
% w/ College Degree	23.0%	-10.2%

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As of the latest ACS Survey released in 2023, Sumner, WA is a predominantly white area, with 73.0% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Sumner, WA is hispanic, making up 18.0% of the population. Foreign-born residents account for 8.9% of the population in Sumner, WA, and this percentage has increased by 134.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	73.0%	-10.0%
% Black	0.9%	-40.0%
% Hispanic	18.0%	125.0%
% Asian	1.0%	-9.1%
% Foreign Born	8.9%	134.2%

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Mortgage and Risk — Sumner, WA

According to HUD data as of 2023, there were 147 mortgage originations in Sumner, WA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sumner, WA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	147
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Sumner, WA

As of 2024, the percent of homes in Sumner, WA under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sumner, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	115
Total Units Section 8	115
% Rentals under Section 8	4.8%
% Occupied Section 8	89.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$50	$1,800	$1,850
2 Bedroom	$470	$1,800	$2,270
3 Bedroom	$680	$2,500	$3,180
4 Bedroom	$480	$3,150	$3,630

Sumner, WA—98390

Key Metrics at a Glance

Home Price Trends — Sumner, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sumner, WA

% of Rental Stock

Property Listings — Sumner, WA

Demographics — Sumner, WA

Race and Ethnicity

Mortgage and Risk — Sumner, WA

Mortgages

Rentals and Section 8 — Sumner, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Sumner, WA

Home Price to Income Ratio

Sumner, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Puyallup, WA

Pacific, WA

Bonney Lake, WA

Puyallup, WA

Puyallup, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.8
Median Home Price	$609,000
Median Household Income	$97,800

Sumner, WA—98390

Key Metrics at a Glance

Home Price Trends — Sumner, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sumner, WA

% of Rental Stock

Property Listings — Sumner, WA

Demographics — Sumner, WA

Race and Ethnicity

Mortgage and Risk — Sumner, WA

Mortgages

Rentals and Section 8 — Sumner, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Sumner, WA

Home Price to Income Ratio

Sumner, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Puyallup, WA

Pacific, WA

Bonney Lake, WA

Puyallup, WA

Puyallup, WA

Frequently Asked Questions

What is the average home price in Sumner, WA 98390?

How have home prices in Sumner, WA 98390 changed over the past year?

What is the home price projection for Sumner, WA 98390?

What are the demographics of Sumner, WA 98390?

How long does it take homes to sell in Sumner, WA 98390?

What is the average rent price in Sumner, WA 98390?