How long do homes typically stay on the market here?

The median days on market is 46 days.

What percentage of homes have had their price reduced?

23.3% of current listings have a price cut.

Market Intelligence · WA / Tacoma

Tacoma, WA 98418 Housing Market

Typical home value in 98418 is $418,683, down 1.0% over the past year. The median list price sits at $402,225, with homes staying on the market for a median of 46 days.

Updated June 2026Median value$419K

The median home value in Tacoma, WA 98418 is $419K as of June 2026, down 1.0% 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 98418 range

$385K to $452K

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

-1.0% over 12 months

Jun 2025$423K

Low $419KHigh $425K

Jun 2026$419K

The numbers

What is the 98418 housing market like?

As of June 2026

Typical home value

$419K

1.0%YoY

Median list price

$402K

Days on market

300.0%MoM

Homes for sale

Price cuts

23.3%

New listings

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

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The comparison

How do 98418 home prices compare?

98418$418,683
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

The 98418 ZIP code has 18 homes for sale as of early June 2026, with 12 new listings recently added to the market. The median days on market of 46 suggests homes are taking a moderate amount of time to move. A notable 23.3% of current listings carry a price cut, which reflects seller adjustments in a cautious market. While activity is present, the year-over-year value decline signals that sellers should be realistic about pricing and timeline expectations.

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