98405 Home Values & Market Trends
There are 607 homes currently listed for 98405. 98405 real estate market trends show that home prices range from $100,000 to $1,150,000, and the median sales price in the 98405 zip code is $467,683. The total number of properties sold within the past twelve months is 366. In 98405, 19 properties are in foreclosure, 5 are bank owned properties,and 14 are headed for auction.
98405 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Tacoma | $ 499,832 $ 339/sqft |
Housing Market Summary for 98405
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $475K | $478.9K | 0.83% |
| Median Sold Price | $508.1K | $445K | -12.43% |
| Homes For Sale | 463 | 606 | 30.89% |
| Homes Sold | 114 | 70 | -38.60% |
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 98405
Browse Homes in 98405
The median list price of a home in Tacoma, is $467,683. A total of 607 properties are for sale, and the percentage of properties for sale in the zip code is 607.00%. The total count of 98405 properties is 713.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 98405 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 98405; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 98405 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 0.70% of properties in 98405. There is 1 cities within 98405; tacoma containing 51 REO properties, has the highest number of bank owned properties in a single city.
- Auctionstacoma has 127 auction properties, the highest number of properties going to auction in a single city in the state of 98405. Auction homes and other auction properties account for 1.96% of all properties in 98405. There is 1 cities within 98405; 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.
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More Real Estate Resources for 98405
Guide for 98405
Washington Foreclosure Laws
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.