The Downtown Tacoma housing market is somewhat competitive. The median sale price of a home in Downtown Tacoma was $558K last month, up 22.3% since last year. The median sale price per square foot in Downtown Tacoma is $414, down 3.4% since last year.
What is the housing market like in Downtown Tacoma today?
In March 2024, Downtown Tacoma home prices were up 22.3% compared to last year, selling for a median price of $558K. On average, homes in Downtown Tacoma sell after 62 days on the market compared to 38 days last year. There were 24 homes sold in March this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$557,500
+22.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Tacoma, WA
$557,500
+22.3%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Tacoma housing market?
Downtown Tacoma is somewhat competitive. Homes sell in 36 days.
0
100
48
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
2/10
McCarver
Public • PreK-5
454
Students
3 reviews
NR
Special Services
Public • PreK-12
38
Students
N/A
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.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Tacoma has a moderate risk of flooding. 375 properties in Downtown Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 12% 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.