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Key Center

Key Center

Located in Pierce County

$728,185 Average Value
$374 Average Price per Sq Ft
8 Homes For Sale

If it weren’t for the brilliance of 20th-century engineers who realized that only bridges made of concrete could withstand the power of water and erosion, much of the Puget Sound area might still be undeveloped. While Key Peninsula has been home to indigenous peoples for centuries, white settlers didn’t arrive until the 1900s. Even today, it’s still a bit hard for most people to find it and its residential core -- Key Center -- thanks to its complex geography. Located 35 miles northwest of Tacoma, it is surrounded by two neighboring peninsulas and three waterways, and then another 1,000 plus miles of Puget Sound shoreline, islands and bayside communities. While it is a great place for those who want to live off the grid, thanks to bridges, boats and work-from-home technology, Key Center has become a desirable destination for those who want to live in the quiet outskirts of Seattle and Tacoma. As close to water as it is to rural farmland, the one thing you won’t find here is traffic.

As Monty Sisson, Realtor with Coldwell Banker says, “People that buy here want to be left alone. And they want property. I’ve sold micro-farms, horse farms, wineries, and of course, waterfront homes. More often than not, buyers are coming from out of the Washington area. They’re gravitating to the affordability of the region, the mild weather and the natural beauty.” Key Center is the largest of three small towns on 16-mile-long Key Peninsula. But don’t be misled. It is very walkable and central to all the neighborhood’s assets: land, parks, schools, and endless beaches, inlets and coves that are entirely unspoiled. Lakefront homes sell for about $1,100,000. Family homes in small, gated communities sell for about $490,000. Multi-use properties, perfect for a home business, have recently sold for about $500,000. Getting around on Key Peninsula requires a vehicle; there is no public transportation. At the same time, says realtor Sisson, “Boating is pretty standard for homeowners around here. Being on the water is one of the best things about this area. Just the other day I saw a pod of whales right in front of me on the water.”

Kids attend schools in the Peninsula District, which has an A-minus rating from Niche. Vaughn Elementary offers pre-kindergarten through fifth grade. Niche gives them a B-plus overall grade. Key Peninsula Middle offers sixth through eighth grades and is ranked the 15th-best public middle school in Pierce County. Niche gives Peninsula High an overall grade of B-plus and ranks them the ninth-best public high school in the county. They also offer several strong athletic programs including soccer, football, basketball, cross country, and golf. Volunteer Park’s 20 acres offers baseball fields, picnic areas, and a popular skateboard park. It also has walking trails, a disc golf course and an outside concert area. Haley State Park is mostly undeveloped, with 180 acres of trails and treelined shores. Don’t wait for Halloween to visit My Haunted Forest. If you’re into medieval cosplay, this is the place for you.

When you’re too tired to cook, stop by El Sombrero Family Mexican on Olson Drive. Madrona Café is known for gluten-free breakfasts, bagel sandwiches and handcrafted coffees. Angel Guild Thrift Shop is a great place to get inexpensive, but good-quality gifts and toys for kids. Home Country Store is one of the only convenience stores on the peninsula. Prices will be higher than on the mainland, but they’ve got essentials as well as homemade pizza and chicken teriyaki every day. Living on a peninsula offers privacy galore. The downside, that locals accept as the price of admission, is having to drive a bit further to find grocery stores or upscale shopping. Uptown Gig Harbor is a half-hour drive away, but well worth it. This historic town and tourist destination has more than 50 retail and dining options so you might want to make a day of it. Check out Green.House; this upscale bistro offers outdoor dining and an extensive wine list.

If you’re looking for a Puget Sound house or a property with a few acres, Key Center’s assets will undoubtedly outweigh any challenges faced during the hunt.

Sarah Albiston
Written By
Sarah Albiston
Kristinah Archer
Photography Contributed By
Kristinah Archer
Jacob McAllister
Video By
Jacob McAllister

Interested in learning more about homes in this area? Reach out to Nick Shivers, 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

Key Center Housing Trends

Housing Trends

Median List Price
$672,500
Median Sale Price
$606,950
Median Single Family Sale Price
$614,950
Median Change From 1st List Price
1%
Last 12 months Home Sales
34
Median Home Sale Price YoY Change
$0
Average Price Per Sq Ft
$374

Neighborhood Facts

Number of Homes for Sale
8
Months of Supply
2.80

Open Houses

  • Sunday, Jun 22
    11am - 1pm

    18013 50th St NW, Vaughn, WA 98394

    $700,000

    • 5 Beds
    • 4 Baths
    • 2,720 Sq Ft
    • 18013 50th St NW
    • New 10 days ago

    Tucked away on 5 private acres, this unique property features two homes plus a 24' x 36' detached garage/shop with 15' ceilings, a wood stove, and bathroom plumbing-ideal for multi-gen living or rental income. The main home feels nearly new with a new roof, windows, paint, deck, insulation, washer/dryer, fridge, ceiling fans, and wood stove. Enjoy off-grid potential with a private well, water

    Kelsey Weiland Neighborhood Experts Real Est.

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  • Saturday, Jun 28
    11am - 1pm

    6103 Lackey Rd NW, Vaughn, WA 98394

    $1,295,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 6103 Lackey Rd NW

    Experience the best of Key Peninsula living w/ this premier 9.98-acre hobby farm & multi-family property, just minutes from Key Center. Featuring both a spacious 1,800 sqft rambler w/ 3 bdrms & 2 baths, & an 800 sqft DADU w/ 2 bdrms & 1 bath, w/ its own power meter. The main residence boasts an open-concept design, engineered hardwood floors, stainless steel appliances, reclaimed metal ceiling &

    Angelyna Welch Paramount Real Estate Group

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  • Sunday, Jun 22
    1 - 3:30pm

    13304 159th Ave NW, Gig Harbor, WA 98329

    $739,000

    • 3 Beds
    • 2 Baths
    • 1,720 Sq Ft
    • 13304 159th Ave NW
    • New 5 days ago

    Are you looking for a serene 1-story retreat on 5 private acres? Look no further! This home is a true gem. Inside, enjoy fresh paint, LVP throughout, vaulted ceilings, and abundant of natural light. Flexible formal dining rm. Spacious living rm features vaulted ceilings & a gas fireplace. The kitchen boasts a pantry, SS appliances, ample cabinets, and counter space. The primary suite offers

    Winnie Wu RE/MAX Town Center

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Key Center Has More Owners

Demographics

Total Population
3,982
Median Age
46
Population under 18
20.9%
On par with the national average
23.8%
Population over 65
25.9%
Above the national average
19.1%

Finances

Median Household Income
$104,711
Significantly above the national average
$71,702
Average Household Income
$124,618

Education and Workforce

High School Graduates
96.7%
Above the national average
89.1%
College Graduates
26.7%
Advanced Degrees
8.7%
% Population in Labor Force
57%
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''
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.
Key Center