Tacoma, WA Home Values & Market Trends
Real estate market trends reflect that there have been 4,337 transactions over the past year in Tacoma. The median value for residential home transactions that occurred over the previous year is $499,951. The number of current listings in Tacoma is 7,247, and the percentage of properties for sale in the city is 7247.00%. Tacoma, WA currently has 195 properties in foreclosure, 49 bank owned properties, 131 properties headed for auction, and 7,247 properties for sale.
Tacoma, WA Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 98404 | $ 444,030 $ 329/sqft | 98446 | $ 574,950 $ 299/sqft |
| 98445 | $ 505,776 $ 294/sqft | 98418 | $ 415,000 $ 346/sqft |
| 98407 | $ 656,694 $ 421/sqft | 98403 | $ 704,314 $ 402/sqft |
| 98408 | $ 439,976 $ 332/sqft | 98402 | $ 421,174 $ 473/sqft |
| 98405 | $ 467,683 $ 336/sqft | 98465 | $ 622,049 $ 351/sqft |
| 98422 | $ 692,803 $ 343/sqft | 98443 | $ 627,559 $ 330/sqft |
| 98444 | $ 449,950 $ 328/sqft | 98433 | $ 690,527 $ 343/sqft |
| 98406 | $ 615,000 $ 376/sqft | 98421 | $ -- $ -- |
| 98466 | $ 660,257 $ 351/sqft | 98416 | $ -- $ -- |
| 98409 | $ 423,826 $ 330/sqft | 98413 | $ -- $ -- |
Housing Market Summary for Tacoma, WA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $507.9K | $507.9K | -0.01% |
| Median Sold Price | $530.3K | $494.4K | -6.76% |
| Homes For Sale | 5,236 | 7,202 | 37.55% |
| Homes Sold | 1,417 | 1,068 | -24.63% |
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 $150,237 to $3,250,000. The median estimated value of a home in Tacoma is $499,951. The median list price of a home is 507,530.8, and the total count of properties in the city is 8,707.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in Tacoma, WA with 98409 containing 3 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 $632,540 in 98465 to the lowest home value of $387,336 in 98418.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tacoma, WA ranges from the highest value of $530,000 in 98407 to the lowest value of $227,500 in 98406. Bank owned homes and properties account for 0.56% of properties in Tacoma, WA. There are 20 zips within Tacoma, WA; 98444 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98404 has 22 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 1.50% 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 $578,841 in 98403 to the lowest value of $236,000 in 98403.
Compare Nearby Cities
More Real Estate Resources for Tacoma, WA
Guide for Tacoma, WA
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.
