Home ValuePros

Market Intelligence · WA / Tacoma

Tacoma, WA 98408 Housing Market

The typical home value in Tacoma's 98408 ZIP is $440,436, down 1.3% over the past year. The median list price stands at $449,688, with homes taking a median 31 days to sell.

Updated June 2026Median value$440K

The median home value in Tacoma, WA 98408 is $440K as of June 2026, down 1.3% 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 98408 range

$405K to $476K

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

-1.3% over 12 months

Typical home value in 98408 over the last 12 months: $446K in Jun 2025 to $440K in Jun 2026 (-1.3%).

Jun 2025$446K

Jun 2026$440K

The numbers

What is the 98408 housing market like?

Typical home value

$440K

Down1.3%YoY

Median list price

$450K

Days on market

31

Up181.8%MoM

Homes for sale

42

Price cuts

24.6%

New listings

36

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

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The comparison

How do 98408 home prices compare?

  • 98408$440,436
  • 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 42 homes for sale in this ZIP as of June 2026, with 36 new listings entering the market recently. The median time on market is 31 days. Nearly a quarter of listings, specifically 24.6%, have seen price reductions. The value decline over the past year combined with the prevalence of price cuts suggests sellers should be realistic about pricing in this market. Condition, location within the ZIP, and timing matter more than ever.

Monthly payment

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20% · $88,087

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