The South Tacoma housing market is very competitive. Homes in South Tacoma receive 3 offers on average and sell in around 21 days. The median sale price of a home in South Tacoma was $410K last month, up 3.3% since last year. The median sale price per square foot in South Tacoma is $300, down 7.8% since last year.
What is the housing market like in South Tacoma today?
In March 2024, South Tacoma home prices were up 3.3% compared to last year, selling for a median price of $410K. On average, homes in South Tacoma sell after 21 days on the market compared to 28 days last year. There were 70 homes sold in March this year, up from 56 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$409,500
+3.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Tacoma, WA
$409,500
+3.3%
United States
To compare other locations to the South 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 South Tacoma housing market?
South Tacoma is very competitive. Homes sell in 14 days.
0
100
77
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% below list price and go pending in around 14 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Mann
Public • PreK-5
497
Students
3 reviews
6/10
Edison
Public • PreK-5
428
Students
13 reviews
5/10
Dower Elementary School
Public • PreK-5
298
Students
6 reviews
5/10
Manitou Park
Public • PreK-5
519
Students
14 reviews
5/10
Whitman
Public • PreK-5
421
Students
5 reviews
Only showing 5 of
12 elementary schools.
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 South Tacoma housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Tacoma.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Tacoma has a moderate risk of flooding. 977 properties in South Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in South Tacoma. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Tacoma has a minor risk of wildfire. There are 237 properties in South Tacoma that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in South Tacoma.
South Tacoma has minimal risk of severe winds over the next 30 years
Wind Factor
South 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.