How much is a home in 98403 worth?

The typical home value in 98403 is $710,134, up 0.5% over the past year. The median list price is $675,000.

How long do homes take to sell in 98403?

Homes in 98403 spend a median of 58 days on market. With 24 homes for sale, buyers have some room to be selective.

Are sellers cutting prices in 98403?

Yes, 29.3% of listings have a price cut. That share signals that realistic pricing upfront is important in this market.

Market Intelligence · WA / Tacoma

Tacoma, WA 98403 Housing Market

In Tacoma's 98403 ZIP code, the typical home value is $710,134, up 0.5% over the past year. The median list price is $675,000, and homes spend a median of 58 days on market before selling.

Updated August 2026Median value$710K

The median home value in Tacoma, WA 98403 is $710K as of August 2026, up 0.5% 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 98403 range

$653K to $767K

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

+0.5% over 12 months

Aug 2025$707K

Low $707KHigh $714K

Aug 2026$710K

The numbers

What is the 98403 housing market like?

As of August 2026

Typical home value

$710K

0.5%YoY

Median list price

$675K

0.8%MoM

Days on market

61.1%MoM

Homes for sale

14.3%MoM

Price cuts

29.3%

22.9%MoM

New listings

50.0%MoM

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

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The comparison

How do 98403 home prices compare?

98403$710,134
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

The 98403 market is moving at a measured pace. There are 24 homes for sale and 12 new listings, so buyers have options but the market is not flooded. A median of 58 days on market means well-priced homes still sell, though not in a rush. Notably, 29.3% of listings have taken a price cut, which suggests some sellers started too high. Meanwhile, typical values of $710,134 are up 0.5% year over year, a flat trend. For a seller, pricing realistically from day one matters more than it has in hotter years.

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