Tacoma, WA Home Values & Market Trends
Real estate market trends reflect that there have been 3,966 transactions over the past year in Tacoma. The median value for residential home transactions that occurred over the previous year is $465,303.86. The number of current listings in Tacoma is 72, and the percentage of properties for sale in the city is 72.00%. Tacoma, WA currently has 110 properties in foreclosure, 5 bank owned properties, 102 properties headed for auction, and 72 properties for sale.
Tacoma, WA Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
98405 | $ 480,000 $ 323/sqft | 98402 | $ 360,000 $ 436/sqft |
98445 | $ 455,687 $ 268/sqft | 98406 | $ 461,164 $ 474/sqft |
98409 | $ 401,286 $ 308/sqft | 98418 | $ 386,412 $ 287/sqft |
98446 | $ 627,000 $ 273/sqft | 98403 | $ 849,782 $ 374/sqft |
98444 | $ 344,563 $ 279/sqft | 98443 | $ 478,849 $ 441/sqft |
98408 | $ 436,664 $ 313/sqft | 98421 | $ -- $ -- |
98466 | $ 561,921 $ 327/sqft | 98465 | $ -- $ -- |
98404 | $ 421,787 $ 306/sqft | 98416 | $ -- $ -- |
98422 | $ 712,750 $ 309/sqft | 98413 | $ -- $ -- |
98407 | $ 720,500 $ 251/sqft | 98433 | $ -- $ -- |
Housing Market Summary for Tacoma, WA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $419K | $454.4K | 8.46% |
Median Sold Price | $458.8K | $454.4K | -0.94% |
Homes For Sale | 89 | 71 | -20.22% |
Homes Sold | 2,205 | 2,296 | 4.13% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Tacoma, WA
Browse Homes in Tacoma, WA
Tacoma home values range from $21,528 to $4,665,364. The median estimated value of a home in Tacoma is $465,303.86. The median list price of a home is 449,975, and the total count of properties in the city is 89,004.
- Pre-ForeclosurePre-foreclosure homes account for 0.00% of all residential properties in Tacoma, WA with 98403 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 20 zips within Tacoma, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,275,648 in 98403 to the lowest home value of $536,250 in 98407.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tacoma, WA ranges from the highest value of $488,000 in 98445 to the lowest value of $286,871 in 98422. Bank owned homes and properties account for 0.01% of properties in Tacoma, WA. There are 20 zips within Tacoma, WA; 98445 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98404 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Tacoma, WA. Auction homes and other auction properties account for 0.11% of all properties in Tacoma, WA. There are 20 zips within Tacoma, WA; of those zips, the median estimated home value for homes going to auction ranges from $530,243 in 98403 to the lowest value of $246,703 in 98403.
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