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Home

Home

Located in Pierce County

$682,747 Average Value
$365 Average Price per Sq Ft
1 Home For Sale

There’s not exactly no place like Home. Certainly, some might even suggest the town is typical of the communities that share Key Peninsula across the Puget Sound from Tacoma. In this case, typical is a compliment, particularly if nearness to sweeping panoramas and serene coastal living are what float your boat. After all, water is the lifestyle out here, though not quite as much as in neighboring communities further south on the peninsula where there’s more of it. “It’s just so shallow up at the end of the bay,” says Dave Walker, an eXp Realty Realtor, with nearly 30 years in the industry, most spent around here. “That bay gets shallow at the end, and when it’s low tide, it’s not navigable. It’s the depth of the bay that makes it a little less desirable for boating lovers.”

A historic community whose earliest inhabitants set out to live somewhere they could practice alternative lifestyles and individualism, present-day Home is just far enough out of reach of the big city to live as you will. “Home is a little grocery store, a gas station, a couple of little restaurants and a post office. The post office used to be part of the Grocery Store,” Walker says. And the post office and store serve other communities on the peninsula too, Walker says. “This is where they go pick up a gallon of milk if they are out.”

Home is 29 long miles from Tacoma and about 20 miles to Gig Harbor, the next nearest urban area. So, nothing is closer than a half hour away. That’s just enough distance to make all this rolling topography around here feel an eternity away. As in so much of The Great Northwest, there is a wealth of trees lording over the homes, a mixture of traditional American two-stories and ranch-style homes mostly along the waterfront and spread across bands of narrow roadways. Plots of land leave breathing room even where they’re clustered together in compact subdivisions.

The median price for a single-family home is around $800,000, with houses ranging from about $400,000 on the lower end to as much as $1.3 million at the top. Here on the peninsula, the distance from the waterfront and how much of the bay you see influences cost most. “If you have a view of the water, you get a little bit more for your house. If you’re off the waterfront, you get a better value. It depends on what matters more to you,” Walker says.

Home’s children belong to the Peninsula School District, which Niche rates A-minus. They attend Evergreen Elementary School, Key Peninsula Middle School and Peninsula High School. Niche rates each school B-plus and ranks the high school in the top quarter of Washington high schools at 92 out of 447. Peninsula High offers advanced placement-level courses in calculus, chemistry, human geography, physics, psychology, statistics, U.S. history and world history.

It should come as little surprise that folks around here treasure the outdoors. No place is that more evident than the peninsula’s lush parks, the nearest of which is Penrose Point State Park, which features more than 2 miles of saltwater shoreline plus 2.5 miles of hiking, biking and nature trails. Parkgoers can swim, boat, scuba dive, fish, water ski, birdwatch and more. “You’re only 10 minutes away from Penrose,” Walker says. “It’s a big draw.”

Isolated as Home is, entertainment, shopping and dining aren’t entirely a world away. A sit-down dinner in Gig Harbor is just 30 minutes away. “Tides Tavern on the water is always a good one,” Walker says. “Or BBQ2U. It has some of the best-smoked meat in the area.”

You’ll find your retail and grocery shopping also bunched around the same area. Albertson’s, Target, Starbucks and the rest are within walking distance or a short drive apart. You’ll even find an IMAX theater close by. Better still, Tacoma proper is just across the bridge, offering additional opportunities to upgrade your entertainment experience.

A full day of urban happenings will have you longing for horseback riding and the trails you left behind and appreciating where you call Home.

Jonathan Clarke
Written By
Jonathan Clarke
William King
Photography Contributed By
William King
Matthew Link
Video By
Matthew Link

Interested in learning more about homes in this area? Reach out to Annette Nitz, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Home Housing Trends

Housing Trends

Median List Price
$572,499
Median Sale Price
$545,000
Median Single Family Sale Price
$557,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
17
Median Home Sale Price YoY Change
-24%
Average Price Per Sq Ft
$365

Area Facts

Number of Homes in Neighborhood
114
Number of Homes for Sale
1
Median Year Built
1996
Months of Supply
0.70
Average Single Family Home Size Sq Ft
1,763
Below the national average
1,924
Median Lot Size Sq Ft
13,503

Open Houses

  • Saturday, Sep 6
    Open Sat 12PM - 2PM

    5227 Key Peninsula Hwy NW, Lakebay, WA 98349

    $995,000

    • 4 Beds
    • 2.5 Baths
    • 3,168 Sq Ft
    • 5227 Key Peninsula Hwy NW
    • New 21 days ago

    Nestled in a tranquil country setting, this gorgeous 9-acre retreat offers peaceful living just minutes from Key Center! This charming one story home boasts vaulted ceilings that bring in beautiful natural light. Enjoy fresh fruit from your orchard and stroll the meandering trails throughout the property. Your animals can stretch out in the barn with two oversized stalls, complete with a fully

    Amber Eaden COMPASS

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  • Sunday, Sep 7
    Open Sun 12PM - 2PM

    16617 Delano Rd SW, Lakebay, WA 98349

    $1,050,000

    • 3 Beds
    • 2 Baths
    • 1,826 Sq Ft
    • 16617 Delano Rd SW

    Puget Sound views are not all created equal—and this home arguably has the best. With over 300' of low-bank waterfront on 2.5 acres (across 4 parcels), you can build more or keep your private sanctuary untouched. Framed by Penrose Point State Park and the infamous Lakebay Marina, views of South Puget Sound stretch over Cutts Island and Kopachuck State Park. Your private dock lets you watch the

    Brad Bennett Windermere Prof Partners

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Home Has More Owners

Demographics

Total Population
1,681
Median Age
52
Population under 18
19%
On par with the national average
23.8%
Population over 65
31%
Above the national average
19.1%

Finances

Median Household Income
$84,504
Above the national average
$71,702
Average Household Income
$101,953

Education and Workforce

High School Graduates
92.4%
College Graduates
22.8%
Below the national average
34.1%
Advanced Degrees
7.8%
% Population in Labor Force
50.9%
Below the national average
65.1%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
36°F
Average Summer High Temperature
76°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®®

23 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Home
Annette Nitz
Paramount Real Estate Group
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