The Tacoma housing market is very competitive. Homes in Tacoma receive 3 offers on average and sell in around 7 days. The median sale price of a home in Tacoma was $486K last month, up 8.1% since last year. The median sale price per square foot in Tacoma is $335, up 12.4% since last year.
In April 2024, Tacoma home prices were up 8.1% compared to last year, selling for a median price of $486K. On average, homes in Tacoma sell after 7 days on the market compared to 7 days last year. There were 254 homes sold in April this year, up from 228 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$486,450
+8.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Tacoma, WA
$486,450
+8.1%
United States
To compare other locations to the Tacoma and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Tacoma's median sale price is 12% higher than the national average. Overall cost of living in Tacoma is 20% higher than the national average. Learn which home features in Tacoma add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Tacoma housing market?
Tacoma is very competitive. Homes sell in 7 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Tacoma
Explore recent offers and recently sold homes in Tacoma
Recent offers
Offer Not Accepted|
3 Weeks Ago
~$450K Offer
Sold for $475K
4bd | 1ba | ~1,250sqft
Over List Price
0%
Days on Market
5
Competing Offers
4
Down Payment
~40%
Jessica Birch
Tacoma Redfin Agent
Offered full price with an Inspection Contingency but were beat out by multiple offers over list price with waived contingencies. …
More
Offer Not Accepted|
4 Weeks Ago
~$350K Offer
Sold for $325K
4bd | 2ba | ~1,250sqft
Under List Price
5%
Days on Market
66
Competing Offers
0
Down Payment
<10%
Joe Vego
Tacoma Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$500K Offer
Sold for $550K
3bd | 1.5ba | ~1,000sqft
Over List Price
0%
Days on Market
5
Competing Offers
3
Down Payment
~10%
Edward Ingram
Tacoma Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$350K Offer
Sold for $375K
2bd | 1ba | ~750sqft
Over List Price
2%
Days on Market
5
Competing Offers
4
Down Payment
<10%
Kareem Dixon
Tacoma Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$400K Offer
Sold for $450K
3bd | 2.25ba | ~1,250sqft
Over List Price
0%
Days on Market
5
Competing Offers
5
Down Payment
<10%
Kristie Roof
Tacoma Redfin Agent
View houses in Tacoma that sold recently
Recently sold homes
SOLD MAY 24, 2024
$625,000 Last Sold Price
3 beds
2 baths
2,557 sq ft
3401 N Madison, Tacoma, WA 98407
Marquelle Butler • John L. Scott R.E.Tacoma North Windermere Chambers Bay
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Tacoma housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tacoma.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tacoma has a moderate risk of flooding. 4,282 properties in Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Tacoma. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tacoma has a minor risk of wildfire. There are 4,049 properties in Tacoma that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Tacoma.