Overview

• Brief History: University Place, located in Pierce County, Washington, has a rich history dating back to its establishment in the early 19th century. Originally known as Curtis, the city was later renamed for the University of Puget Sound. Today, University Place is a vibrant community that offers a perfect blend of small-town charm and urban conveniences. Ideal for first-time home buyers, this city provides a range of housing options and amenities, making it an attractive destination for those looking to start their homeownership journey in Washington state.
• Key Features: One of the key features of University Place is its strong sense of community. Residents enjoy a variety of recreational activities, beautiful parks, and access to excellent schools. With an ideal location just minutes away from Tacoma and a short commute to Seattle, University Place offers the perfect balance between urban opportunities and a relaxed suburban lifestyle.

Demographics

• Population: With a current estimated population of approximately 33,000, University Place provides a welcoming environment for individuals and families.
• Major Occupations: The city is home to a diverse economy, with major occupations including education, healthcare, professional services, and retail trade.
• Age Distribution: University Place has a balanced age distribution, attracting residents from various age groups. Whether you're a young professional, a growing family, or a retiree, this city offers something for everyone.

Housing

• Median Home Price: The median home price in University Place is around $450,000, making it an affordable option for first-time home buyers in Washington state.
• Price Trends (Past 5 Years): Over the past five years, the housing market in University Place has seen steady growth, with property values appreciating by an average of 4% annually.
• Property Types: University Place offers a variety of property types to suit different preferences and budgets. Options include condos, townhouses, and detached single-family homes, providing choices to match individual needs.
• Ownership vs. Rental Ratio: University Place has a higher rate of homeownership compared to rentals, making it an ideal location for those looking to establish roots and invest in their property.

Amenities

• Schools: University Place is known for its exceptional educational institutions. Schools such as Curtis Senior High School, Narrows View Intermediate School, and Chambers Primary School have earned reputations for academic excellence.
• Healthcare: The city offers convenient access to healthcare facilities, including St. Joseph Medical Center and MultiCare Tacoma General Hospital, ensuring that residents receive quality medical care.
• Recreation: University Place boasts numerous parks and recreational areas. Chambers Bay Park, renowned for its golf course and stunning views of the Puget Sound, is a favorite among residents. Other parks, such as Cirque Bridgeport Park and Homestead Park, offer opportunities for outdoor activities and relaxation.
• Dining and Shopping: The city is home to a variety of dining options, ranging from cozy cafes to upscale restaurants. Popular local favorites include Cheddar's Scratch Kitchen, Curtis Street Coffee House, and Sapporo & Sushi Garden. When it comes to shopping, the University Place Town Center provides an array of boutiques, shops, and retailers.

Transportation

• Major Roadways: University Place is well-connected to major roadways, including State Route 16, making it easy to commute to neighboring cities and attractions.
• Commute to Seattle: A typical commute to Seattle from University Place takes approximately 45 minutes, offering the opportunity to enjoy a suburban lifestyle while still easily accessing the employment opportunities and cultural experiences of the city.
• Public Transit: The Pierce Transit provides public transportation options throughout University Place and the surrounding areas, ensuring convenient travel for residents.
• Average Commute Times: The average commute time within University Place is approximately 25 minutes, allowing residents to spend less time on the road and more time enjoying the benefits of the community.

Safety

• Crime Rates: University Place has a lower crime rate compared to the state average, providing residents with a safe and secure environment to call home.
• Emergency Services: The city is served by the University Place Police Department and is equipped with efficient emergency services, including fire departments and medical response teams.

Community & Lifestyle

• Cultural Events: University Place hosts various cultural events throughout the year, including the Summer Sounds at the Square concert series and the University Place Festival, showcasing local talent and providing opportunities for community engagement.
• Community Engagement: Residents can engage with the community through numerous clubs, organizations, and volunteer programs. The University Place Library and the University Place Historical Society offer opportunities for intellectual and historical exploration.
• Environmental Initiatives: University Place is committed to sustainability and preserving its natural beauty. The city encourages environmental initiatives, such as recycling programs and green spaces like Cirque Park and Sunset Terrace Park.

Discover the perfect place for your first home in Washington state with University Place. Offering affordable housing options, excellent schools, and a strong sense of community, this city is an ideal location for first-time home buyers. Experience the best of both worlds with a charming suburban lifestyle and easy access to nearby cities. Begin your homeownership journey in University Place today!