Founded in 1946, Gig Harbor is one of the most beautiful small cities in America. Located on Gig Harbor Bay in Puget Sound across the Narrows Bridge from Tacoma, the greater area has almost 50,000 residencies. The city’s population is about 7,000 in an area of 4.14 square miles of towering fir trees and gorgeous landscapes. Clustered around a small, nearly land-locked harbor with magnificent views, the community is known for boats riding at anchor, colorful winding streets, and small shops where the proprietor is on site to welcome visitors. A strong Scandinavian and Croatian heritage influences the nautical lifestyle here.
Although there has been significant growth, it still has the look, feel, and fresh salt-air smell of a small fishing village. Residents can enjoy one of the finest views in the Puget Sound area, with the picturesque Mount Rainier towering in the background—a sight that has inspired hundreds of thousands of photographs and postcards over the years. This community is a place where residents and visitors can take a quiet stroll along the 2.8 miles of waterfront, and shop in stores such as The White Whale, Kelly's Laffin Crab, Hide and Sea, and the Beach Basket.
Along the downtown waterfront are art galleries, antique shops, clothing and gift boutiques, marine hardware stores and restaurants with harbor views. It hosts several annual events including a classic car show in May and an art festival in July. Real estate options in Gig Harbor include condominiums, townhouses, single-family homes, and waterfront estates.
Gig Harbor Real Estate Price Range of Homes for Sale
Gig Harbor's real estate market offers buyers a variety of properties for sale, including affordable properties surrounded by gorgeous natural settings, and many with waterfront and mountain views, boat dockage, and gated community dwelling. Condominiums and townhouses can be purchased anywhere from the low $90,000s to $1 million and up for units with spectacular views, boat dockage, and other amenities. Gig Harbor's single-family homes market range in price between $80,000 and $8 million. Homes with at least 3 bedrooms are usually priced in the mid-$200,000s, while homes with 4+ bedrooms typically start between the mid-$300,000s to the low $500,000s.
Gig Harbor Real Estate Stats and Trends for the week of May 25th, 2015: homes priced around $290,884 compared to $309,717 the previous week, showing a decrease of less than -6%. For Wednesday, May 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.90%; the 15 year fixed rate is at 3.06%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.27%, while the 15 year jumbo rate currently is at 3.82%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Gig Harbor WA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Gig Harbor to help you find the best home!