Tacoma, WA Home Values & Market Trends
Real estate market trends reflect that there have been 3,882 transactions over the past year in Tacoma. The median value for residential home transactions that occurred over the previous year is $477,956.39. The number of current listings in Tacoma is 80, and the percentage of properties for sale in the city is 80.00%. Tacoma, WA currently has 110 properties in foreclosure, 5 bank owned properties, 98 properties headed for auction, and 80 properties for sale.
Tacoma, WA Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 98445 | $ 430,726 $ 268/sqft | 98446 | $ 671,133 $ 293/sqft |
| 98409 | $ 409,625 $ 325/sqft | 98418 | $ 392,676 $ 324/sqft |
| 98444 | $ 464,500 $ 289/sqft | 98406 | $ 412,173 $ 425/sqft |
| 98404 | $ 402,500 $ 344/sqft | 98465 | $ 286,500 $ 314/sqft |
| 98408 | $ 417,084 $ 311/sqft | 98443 | $ 493,642 $ 454/sqft |
| 98405 | $ 433,875 $ 297/sqft | 98421 | $ -- $ -- |
| 98407 | $ 605,000 $ 329/sqft | 98416 | $ -- $ -- |
| 98466 | $ 601,250 $ 365/sqft | 98403 | $ -- $ -- |
| 98422 | $ 735,500 $ 298/sqft | 98413 | $ -- $ -- |
| 98402 | $ 369,125 $ 445/sqft | 98433 | $ -- $ -- |
Housing Market Summary for Tacoma, WA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $429.4K | $457.4K | 6.50% |
| Median Sold Price | $459.4K | $457.4K | -0.44% |
| Homes For Sale | 98 | 71 | -27.55% |
| Homes Sold | 2,142 | 2,191 | 2.29% |
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 $21,948 to $4,769,198. The median estimated value of a home in Tacoma is $477,956.39. The median list price of a home is 432,500, and the total count of properties in the city is 88,989.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Tacoma, WA with 98444 containing 2 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 $442,937 in 98403 to the lowest home value of $293,979 in 98446.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tacoma, WA ranges from the highest value of $395,335 in 98406 to the lowest value of $263,000 in 98409. Bank owned homes and properties account for 0.01% of properties in Tacoma, WA. There are 20 zips within Tacoma, WA; 98409 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98404 has 17 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 $548,894 in 98403 to the lowest value of $237,193 in 98403.
Compare Nearby Cities
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Washington Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.
