Market Intelligence · WA / Tacoma

Tacoma, WA 98409 Housing Market

Homes in Tacoma 98409 have a typical value of $404,971, down 0.8% over the past year. The median list price stands at $407,000, and homes are taking a median of 51 days on the market.

Updated September 2026Median value$405K

The median home value in Tacoma, WA 98409 is $405K as of September 2026, down 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98409 range

$373K to $437K

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

-0.8% over 12 months

Sep 2025$408K

Low $405KHigh $412K

Sep 2026$405K

The numbers

What is the 98409 housing market like?

As of September 2026

Typical home value

$405K

0.8%YoY

Median list price

$407K

2.9%MoM

Days on market

41.7%MoM

Homes for sale

3.9%MoM

Price cuts

16.2%

5.8%MoM

New listings

35.7%MoM

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

The outlook

98409 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98409 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 98409 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 98409?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98409 to stay roughly flat by September 2027 (no change), after a 0.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98409 home prices compare?

98409$404,971
Tacoma$518,892
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Tacoma: 16 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

The ZIP code has 53 homes for sale, with 18 new listings added as of September 2026. About 16.2% of listings have seen a price cut, suggesting some seller adjustment to market conditions. The modest year-over-year decline in typical home value reflects a slower market. Homes are staying on the market longer than in stronger conditions, giving buyers more time to decide. If you are considering selling, be prepared for a measured pace and realistic pricing.

Monthly payment

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Home price

Down payment20% · $80,994

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 98409?

The typical home value in Tacoma 98409 is $404,971, down 0.8% over the past year.

How long do homes stay on the market here?

Homes in this ZIP take a median of 51 days to sell.

Are sellers adjusting prices?

16.2% of listings have a price cut, indicating some seller movement in response to market conditions.

Discover

Nearby ZIP markets.

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