The story of this market
The typical home in Tacoma, Washington sells for about $445,000, or $315 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 10 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,850 a month.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Tacoma, Washington
Tacoma's housing market is showing signs of stability with moderate price growth and a balanced inventory level. The city's strong economic anchors and ongoing urban revitalization projects continue to attract interest from both families and investors. While affordability remains a concern, the market is supported by steady demand and limited supply in desirable neighborhoods.
No ARED county foreclosure postings attributed to Tacoma yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 21 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.5% year over year.
Homes spend a median of 18 days on market with 0.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 27.07% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 12.4% — a stable, low-distress profile.
- Wild Waves Theme and Water Park3.96.2 mi
- Sky Zone Trampoline Park4.116.2 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.317.2 mi
- Round1 Bowling & Arcade416.6 mi
- Round1 Bowling & Arcade - Puyallup3.89.5 mi
- T-Mobile Park4.723.8 mi
- Washington State Fair Event Center4.38.5 mi
- Tacoma Dome4.11.5 mi
- Topgolf Renton4.119.9 mi
- Wild Waves Theme and Water Park3.96.2 mi
- Washington State Fair Event Center4.38.5 mi
- Point Defiance Zoo & Aquarium4.55.1 mi
- Chambers Bay Golf Course4.77.1 mi
- Point Defiance Park4.75.3 mi
- Dash Point State Park4.54.4 mi
- The Museum of Flight4.819.4 mi
- Museum of Glass4.50.8 mi
- LeMay - America’s Car Museum4.71.4 mi
- Children's Museum of Tacoma4.60.5 mi
- El Centro de la Raza (The Center of People of All Races)4.523.3 mi
- Chambers Bay Golf Course4.77.1 mi
- Point Defiance Park4.75.3 mi
- Dash Point State Park4.54.4 mi
- Sprinker Recreation Center4.59.2 mi
- Point Ruston4.74.1 mi
- Tacoma Yacht Club4.74.9 mi
- Point Defiance Marina4.75 mi
- Foss Harbor Marina4.60.3 mi
- Tyee Marina4.13.1 mi
- Narrows Marina4.55.4 mi
- Chambers Bay Golf Course4.77.1 mi
- The Home Course4.614.7 mi
- Meadow Park Golf Course4.55.4 mi
- Washington National Golf Club4.114.2 mi
- Riverbend Golf Complex4.212.1 mi
- Tacoma Mall4.13 mi
- The Outlet Collection Seattle4.29.8 mi
- WinCo Foods4.415.2 mi
- South Hill Mall4.19.6 mi
- Kent Station Shopping Center4.413.2 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.414.6 mi
- King County International Airport - Boeing Field4.520.5 mi
- Kenmore Air - Lake Union4.626.2 mi
- The Club SEA2.714.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-renowned facility featuring a hot shop and glass art exhibitions, serving as a cultural anchor for the downtown waterfront.
One of the largest urban parks in the country, offering extensive trails, a zoo, and aquarium, providing significant recreational value to residents.
Located in the museum district, it showcases regional art and history, contributing to the city's vibrant cultural scene.
A revitalized urban waterfront area featuring parks, marinas, and dining, which has become a focal point for residential and commercial development.
Tacoma is an ideal fit for families seeking a more affordable alternative to Seattle, as well as young professionals and commuters who benefit from the city's transit links. Investors are drawn to the area's ongoing urban renewal projects and the steady demand for rental housing driven by the local military and university presence.
The city is served by Tacoma Public Schools, which offers a diverse range of academic programs including International Baccalaureate and STEM-focused curricula. While performance varies by campus, the district is actively working on facility upgrades and equity-focused initiatives to improve student outcomes across all neighborhoods.
The city is well-connected via I-5 and SR-16, with Sound Transit providing commuter rail and bus services to Seattle and the broader Puget Sound region. Ongoing investments in light rail expansion are intended to improve local connectivity and reduce reliance on single-occupancy vehicles.
The rental market in Tacoma remains competitive, driven by its relative affordability compared to Seattle and a steady influx of new residents. Vacancy rates are generally low, and while new multi-family developments are increasing supply, demand remains robust, particularly in the downtown and waterfront areas.
Tacoma's economy is anchored by the Port of Tacoma, Joint Base Lewis-McChord, and major healthcare providers like MultiCare and Virginia Mason Franciscan Health. The city is experiencing a shift toward a more diversified economy with growth in technology, education, and professional services.
Tacoma serves as a major economic hub in the South Sound, anchored by the Port of Tacoma, Joint Base Lewis-McChord, and a growing healthcare and education sector. Significant infrastructure investments, including downtown waterfront revitalization and transit-oriented development, continue to drive long-term economic momentum.
The city is focused on high-density, transit-oriented development, particularly in the downtown core and along major transit corridors. Current planning efforts prioritize housing affordability and the integration of mixed-use projects to support a growing population.
Parcels in Tacoma are subject to various special districts, including those for fire protection, emergency medical services, and local utility improvements. These districts are managed at the county or municipal level to ensure the provision of essential services.
Tacoma experiences property and violent crime rates that are higher than the national average, with trends showing fluctuations in line with regional urban centers in the Pacific Northwest. Local law enforcement continues to prioritize community-based policing and downtown safety initiatives to address these persistent challenges.
Tacoma faces moderate risks related to seismic activity and potential flooding in low-lying areas near the Thea Foss Waterway and Puyallup River. Insurance premiums reflect these regional environmental factors, and residents are encouraged to maintain appropriate coverage for earthquake and flood hazards.
Property insurance in Tacoma is influenced by regional seismic risks and the proximity to water, leading to moderate premium levels. Market health remains stable, with insurers actively managing exposure to environmental hazards.
Property taxes in Tacoma are determined by the Pierce County Assessor-Treasurer based on annual valuations, with rates set by various taxing districts including the city, school districts, and the state. Washington State does not impose a personal income tax, which influences the reliance on property and sales tax revenue for local government operations.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and Data USA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.