98402 Home Values & Market Trends

There are 118 homes currently listed for 98402. 98402 real estate market trends show that home prices range from $109,900 to $1,249,000, and the median sales price in the 98402 zip code is $421,174. The total number of properties sold within the past twelve months is 60. In 98402, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

98402 Real Estate Market Overview

CityMedian Est. Value
Tacoma

$ 499,832

$ 339/sqft

Housing Market Summary for 98402

Sep 2025September 2026Change
Median Listing Price$434.5K$436.3K0.40%
Median Sold Price$380.2K$349.1K-8.17%
Homes For Sale10111210.89%
Homes Sold920122.22%
Price
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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%.

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Browse Homes in 98402

The median list price of a home in Tacoma, is $421,174. A total of 118 properties are for sale, and the percentage of properties for sale in the zip code is 118.00%. The total count of 98402 properties is 141.

Foreclosure
There is 1 cities within 98402; within this cities, the median estimated home value for homes in foreclosure ranges from $1,388,412 in tacoma to the lowest value of $227,500 in tacoma. Foreclosure homes account for 1.00% of properties in 98402 with tacoma containing 193 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 98402 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98402; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 98402 ranges from the highest value of $670,000 in tacoma to the lowest value of $227,500 in tacoma. Bank owned homes and properties account for 0.71% of properties in 98402. There is 1 cities within 98402; tacoma containing 51 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    tacoma has 127 auction properties, the highest number of properties going to auction in a single city in the state of 98402. Auction homes and other auction properties account for 0.71% of all properties in 98402. There is 1 cities within 98402; of that cities, the median estimated home value for homes going to auction ranges from $1,388,412 in tacoma to the lowest value of $236,000 in tacoma.
Homes for Sale
Homes and properties that are actively listed for sale account for 83.69% of residential properties in 98402 with tacoma containing 7249 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 98402; homes for sale in that cities, have a range of median values from $3,250,000 in tacoma to the lowest value of $150,237 in tacoma.
    Sold Homes
    The median value for recently sold homes ranges from $2,554,215 in tacoma to the lowest price of $160,297 in tacoma. There is 1 cities within 98402. tacoma has 1061 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 13.48% of properties in 98402.

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      Guide for 98402

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.