Commercial Real Estate Market in Steilacoom, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 158 off-market properties in Steilacoom, WA.
Market Trends
Steilacoom, WA spans 8.8 square miles in Pierce County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Steilacoom, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Steilacoom, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Steilacoom, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Steilacoom, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.8%
- Open space 9.9%
- Planned_development 5.4%
- Mixed use 1%
- Commercial 0.9%
Largest Zones share of zoned land by district
Residential 9.6
Residential 7.2
Park And Open Space
Public And Quasi Public
Master Planned Development
Steilacoom, WA zones 1,281 acres across 8 districts. Commercial zoning covers 0.9% of zoned land, residential 74.8% and open space 9.9%. The largest single district is Residential 9.6 at 48.1%. For commercial buyers the practical constraint is that only 0.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Steilacoom, WA has 7,096 residents in 2,846 households. Density runs 803 people per square mile. Median household income here is $97,634 and median gross rent $1,721 a month.
7,096
Population
2,846
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
803
Density / Sq Mi
$97,634
Median Household Income
$49,382
Median Earnings
$1,721
Median Rent
$594,600
Median Home Value
Tools
Nearby Markets
Commercial property in Steilacoom, WA asks $347/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Steilacoom?
Commercial property in Steilacoom, WA asks an average of $347 per square foot.
What zoning applies to commercial property in Steilacoom?
Steilacoom, WA zones 1,281 acres across 8 districts, of which 0.9% is commercial and 0% industrial. The largest single district is Residential 9.6 at 48.1% of zoned land. Residential zoning covers 74.8% and open space 9.9%.
Where does Realmo's Steilacoom market data come from?
Realmo compiles Steilacoom, WA figures from 2 active sale listings, 3 active lease listings, 158 tracked off-market properties, the current Steilacoom zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 3 active for-lease listings in Steilacoom, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,281 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
