Market Intelligence · WA / Tacoma

Tacoma, WA 98404 Housing Market

The typical home value in Tacoma's 98404 ZIP is $445,731, down 0.4% over the past year. The median list price stands at $482,500, and homes are taking a median of 38 days to sell.

Updated June 2026Median value$446K

The median home value in Tacoma, WA 98404 is $446K as of June 2026, down 0.4% 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 98404 range

$410K to $481K

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

-0.4% over 12 months

Typical home value in 98404 over the last 12 months: $447K in Jun 2025 to $446K in Jun 2026 (-0.4%).

Jun 2025$447K

Jun 2026$446K

The numbers

What is the 98404 housing market like?

Typical home value

$446K

Down0.4%YoY

Median list price

$483K

Days on market

38

Up130.3%MoM

Homes for sale

68

Price cuts

17.0%

New listings

36

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 98404 home prices compare?

  • 98404$445,731
  • Tacoma$532,487
  • Washington$508,607
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Tacoma: 16 ZIPs; Washington: 485 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 68 homes for sale in this ZIP with 36 new listings. The median days on market of 38 suggests moderate buyer activity. About one in six listings have seen a price cut, indicating some seller adjustment in response to market conditions. For homeowners considering a sale, this is a mixed picture: inventory is relatively modest, but price momentum remains weak.

Monthly payment

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20% · $89,146

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