The Downtown Tacoma housing market is somewhat competitive. The median sale price of a home in Downtown Tacoma was $447K last month, up 5.0% since last year. The median sale price per square foot in Downtown Tacoma is $419, up 0.4% since last year.
What is the housing market like in Downtown Tacoma today?
In October 2024, Downtown Tacoma home prices were up 5.0% compared to last year, selling for a median price of $447K. On average, homes in Downtown Tacoma sell after 27 days on the market compared to 26 days last year. There were 17 homes sold in October this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$447,000
+5.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Tacoma, WA
$447,000
+5.0%
United States
To compare other locations to the Downtown Tacoma and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tacoma add value to a home.
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How hot is the Downtown Tacoma housing market?
Downtown Tacoma is somewhat competitive. Homes sell in 28 days.
0
100
60
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 12 days.
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 Downtown Tacoma housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Tacoma.
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Tacoma has a moderate risk of flooding. 113 properties in Downtown Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Downtown Tacoma. Flood risk is increasing slower than the national average.
Downtown Tacoma has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Tacoma has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.