Much like nearby areas, it's a lot more expensive compared to the US as a whole. Compared to the city of Seattle however, it's a little less expensive.
Home prices
The median home value in Gig Harbor is $475,400. It is approximately $11,880 (2%) lower compared to its nearby areas.It is about $257,900 (118%) higher compared to the rest of the nation, and compared to the city of Seattle it is approximately $187,700 (28%) lower.
Rents
The median monthly rent in Gig Harbor is $1,419. Compared to its surrounding areas it is roughly $133 (8%) lower.In comparison to the nation as a whole it is about $357 (33%) higher, and in comparison to the city of Seattle it is approximately $195 (12%) lower.
Nearby places
Rosedale
Rosedale is Gig Harbor's neighbor to the west. Its real estate prices are similar. The value of the median home in Rosedale is $482,900, which works out to $7,500 (1%) higher than Gig Harbor. The rent there is significantly less expensive. Rosedale's median monthly rent is $865, which works out to $554 (64%) lower than Gig Harbor.
Maplewood
Maplewood is Gig Harbor's neighbor to the northeast. The real estate prices there are somewhat less expensive. The median home in Maplewood is valued at $433,700, which works out to $41,700 (9%) lower than Gig Harbor. Its rents are a little more expensive. In Maplewood the median monthly rent is $1,676, which works out to $257 (15%) higher than Gig Harbor.
Canterwood
Canterwood is Gig Harbor's neighbor to the north. The real estate prices there are somewhat more expensive. The median home in Canterwood costs $554,600, which comes out to $79,200 (14%) higher than Gig Harbor. Its rents are a lot more expensive. In Canterwood the median monthly rent is $2,101, which comes out to $682 (32%) higher than Gig Harbor.
Artondale
Artondale is Gig Harbor's neighbor to the southwest. Its real estate prices are similar. The cost of the median home in Artondale is $470,300, which is $5,100 (1%) lower than Gig Harbor. Its rents are a little more expensive. In Artondale the median rent is $1,545 per month, which comes out to $126 (8%) higher than Gig Harbor.
Wollochet
Wollochet is Gig Harbor's neighbor to the south. The real estate prices there are pretty similar. The median home in Wollochet costs $494,900, which is $19,500 (3%) higher than Gig Harbor. The rent there is somewhat more expensive. The median monthly rent in Wollochet is $1,575, which works out to $156 (9%) higher than Gig Harbor.
