Market Intelligence · WA / Tacoma

Tacoma, WA 98418 Housing Market

The typical home value in 98418 is $404,078, down 0.9% over the past year. The median list price stands at $424,999, with homes spending 33 days on market as of September 2026.

Updated September 2026Median value$404K

The median home value in Tacoma, WA 98418 is $404K as of September 2026, down 0.9% 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 98418 range

$372K to $436K

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

-0.9% over 12 months

Sep 2025$408K

Low $404KHigh $412K

Sep 2026$404K

The numbers

What is the 98418 housing market like?

As of September 2026

Typical home value

$404K

0.9%YoY

Median list price

$425K

2.9%MoM

Days on market

8.3%MoM

Homes for sale

29.4%MoM

Price cuts

14.3%

39.2%MoM

New listings

0.0%MoM

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

The outlook

98418 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98418 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 98418 fell 0.9%, per the Zillow Home Value Index.

Will home prices drop in 98418?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98418 to stay roughly flat by September 2027 (down 0.1%), after a 0.9% 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 98418 home prices compare?

98418$404,078
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

Tacoma's 98418 ZIP has 22 homes for sale, with 12 new listings added in September 2026. The median list price of $424,999 sits modestly above the typical home value of $404,078. Homes are taking 33 days to sell on average, a moderate pace that reflects steady but unhurried buyer activity. About 14.3% of listings have seen a price cut. For sellers, this means the market is neither rushing to close deals nor stalling; patience and realistic pricing matter.

Monthly payment

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Home price

Down payment20% · $80,816

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Common questions

What people ask us.

What is the typical home value in 98418?

The typical home value in 98418 is $404,078, down 0.9% over the past year.

How long do homes typically stay on the market in 98418?

Homes in 98418 spend a median of 33 days on market.

What is the median list price in 98418?

The median list price in 98418 is $424,999 as of September 2026.

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