The Downtown Tacoma housing market is somewhat competitive. The median sale price of a home in Downtown Tacoma was $443K last month, down 15.7% since last year. The median sale price per square foot in Downtown Tacoma is $339, down 10.6% since last year.
What is the housing market like in Downtown Tacoma today?
In May 2025, Downtown Tacoma home prices were down 15.7% compared to last year, selling for a median price of $443K. On average, homes in Downtown Tacoma sell after 46 days on the market compared to 36 days last year. There were 30 homes sold in May this year, up from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$442,500
-15.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Downtown Tacoma, WA
$442,500
-15.7%
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 43.5 days.
0
100
53
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 44 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 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 - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Tacoma has a minor risk of flooding. 71 properties in Downtown Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Downtown Tacoma. Flood risk is increasing faster 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.