Market Intelligence · WA / Tacoma

Tacoma, WA 98406 Housing Market

The typical home value in Tacoma's 98406 ZIP is $625,950, up 0.1% over the past year. The median list price stands at $649,988, with homes taking a median of 31 days on market.

Updated June 2026Median value$626K

The median home value in Tacoma, WA 98406 is $626K as of June 2026, up 0.1% 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 98406 range

$576K to $676K

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

+0.1% over 12 months

Typical home value in 98406 over the last 12 months: $625K in Jun 2025 to $626K in Jun 2026 (+0.1%).

Jun 2025$625K

Jun 2026$626K

The numbers

What is the 98406 housing market like?

Typical home value

$626K

Up0.1%YoY

Median list price

$650K

Days on market

31

Up416.7%MoM

Homes for sale

45

Price cuts

15.5%

New listings

34

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

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The comparison

How do 98406 home prices compare?

  • 98406$625,950
  • 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

There are 45 homes for sale in this ZIP as of June 2026, with 34 new listings added recently. The median list price is $649,988. Homes are moving at a median pace of 31 days on market. About 15.5% of listings have seen price cuts, which suggests some sellers are adjusting to market conditions. If you're thinking about selling, expect a steady but measured market where pricing strategy matters.

Monthly payment

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20% · $125,190

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