Raft Island, WA · Houses & Market Data

Raft Island, Washington houses and real estate market data.

Houses in Raft Island, WA (Pierce County) — Census median home value $798,600, county listing prices roughly flat over the past year. Market data for Raft Island houses and the broader area.

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Raft Island, WA is in Pierce County, Washington — this guide covers houses in Raft Island and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 363, with a median household income of $161,389. Census data puts Raft Island houses at a median value of $798,600 (all owner-occupied homes); Pierce County's current median listing price runs $652,450, roughly flat over the past year.

Info from government sites and builders may have provided source info.

Market overview

Raft Island housing market

Raft Island is in Pierce County, Washington. Manifest Census and county price-trend data provide baseline context for houses in Raft Island and the surrounding county market.

Median home value (Census ACS)

$798,600

Population (Census ACS)

363

Median household income

$161,389

County price trend (2025)

2.89% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Raft Island market snapshot

Population

363

County

Pierce County

Median Household Income

$161,389

Median Home Value (city)

$798,600

Median Listing Price (Pierce County)

$652,450

Median Gross Rent

$-666,666,666/mo

Price Trend (YoY)

-0.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Raft Island

What makes Raft Island different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Raft Island's median home value — across all owner-occupied homes, not just recent sales — at $798,600. Separately, Pierce County's current median listing price (via Realtor.com data, 2026-06-01) runs $652,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Pierce County's FHFA house price index shows a 2.89% annual change in 2025.

Population & Income

Raft Island has an estimated population of 363 and a median household income of $161,389, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Raft Island's Census-reported median home value works out to about 4.9x the area's median household income, and median gross rent runs roughly -4956967% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Raft Island

County guide: Pierce County — cities, market context, and local resources for the county that includes Raft Island.

USAHouses.com also helps visitors looking in nearby Pierce County and other Washington communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Artondale, Rosedale, Gig Harbor, Wauna, Key Center, Stansberry Lake, Canterwood, Fox Island, Wollochet, Purdy, Vaughn, Maplewood, Home, Ruston, Longbranch, Herron Island.

More Washington cities with market guides: Vancouver, Bellevue, Kent, Everett, Renton, Federal Way, Yakima, Bellingham.

Adjacent-county Census places with USAHouses.com pages: Burley (~6.2 mi), Grapeview (~7.6 mi), Allyn (~9.0 mi), Bethel (~11.2 mi), Vashon (~11.5 mi), Belfair (~11.9 mi), East Port Orchard (~13.4 mi), Gorst (~13.7 mi), Parkwood (~13.9 mi), Southworth (~14.3 mi), Port Orchard (~14.6 mi), Bremerton (~14.8 mi), Federal Way (~15.5 mi), Navy Yard City (~15.5 mi), Manchester (~16.2 mi), Normandy Park (~16.7 mi).

New construction: New homes near Raft Island (Seattle) · New homes near Raft Island (Spokane) · Washington new construction.

Census & home facts

Raft Island data from published sources

Population (ACS 2023)

363

Median home value (ACS 2023)

$798,600

Median household income (ACS 2023)

$161,389

County FHFA annual change (2025)

2.89%

County median listing price (FRED/Realtor.com) (2026-06-01)

$652,450

Census place type

CDP

County

Pierce County

Land area (Census Gazetteer 2024)

0.28 sq mi

Census GEOID

5357140

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Raft Island

Schools

Tacoma School District — 69 schools, 28,311 students enrolled, per the U.S. Department of Education's Common Core of Data. Pierce addresses may be served by Tacoma School District, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Raft Island FAQ

What are houses worth in Raft Island, WA?

The Census Bureau's American Community Survey puts the median value of houses in Raft Island at $798,600. Pierce County's current median listing price runs $652,450, roughly flat over the past year.

How much do houses cost in Raft Island, WA?

For owner-occupied houses in Raft Island, Census ACS data shows a median value of $798,600. Active listing prices in Pierce County may differ — see the market snapshot above.

What types of houses are in Raft Island, WA?

Raft Island houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Pierce County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Raft Island, WA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Raft Island's population at approximately 363.

What's the median rent in Raft Island, WA?

The Census ACS estimates median gross rent in Raft Island at approximately $-666,666,666 per month.

What is the median household income in Raft Island, WA?

Census ACS data puts the median household income in Raft Island at approximately $161,389.

Is the Raft Island housing market growing?

Pierce County's FHFA house price index shows a 2.89% annual change in 2025.

Is Raft Island, WA affordable relative to income?

Census ACS data puts Raft Island's median home value at about 4.9 times the median household income, with median gross rent equal to roughly -4956967% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Raft Island, WA?

Manifest and public school-directory data suggest Tacoma School District for many Raft Island addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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