Market Intelligence · WA / Tacoma

Tacoma, WA 98402 Housing Market

The typical home value in Tacoma, WA 98402 is $424,979, down 4.8% over the past year. The median list price is $449,950, and homes are spending a median of 65 days on market.

Updated August 2026Median value$425K

The median home value in Tacoma, WA 98402 is $425K as of August 2026, down 4.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98402 range

$391K to $459K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-4.8% over 12 months

Typical home value in 98402 over the last 12 months: $446K in Aug 2025 to $425K in Aug 2026 (-4.8%).

Aug 2025$446K

Aug 2026$425K

The numbers

What is the 98402 housing market like?

Typical home value

$425K

Down4.8%YoY

Median list price

$450K

Up5.0%MoM

Days on market

65

Down8.5%MoM

Homes for sale

26

Up18.2%MoM

Price cuts

10.3%

Down53.9%MoM

New listings

8

Down20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98402 home prices compare?

  • 98402$424,979
  • Tacoma$524,457
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Tacoma: 16 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 26 homes for sale in 98402, with 8 new listings hitting the market. The typical home value sits at $424,979, down 4.8% over the past year, while the median list price is $449,950. Homes are taking a median of 65 days to sell, and 10.3% of listings have had a price cut. The gap between typical values and asking prices suggests sellers are still pricing above where the market is landing. For a seller, realistic pricing from day one matters more than testing the market high.

Monthly payment

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20% · $84,996

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