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Market Intelligence · WA / Tacoma

Tacoma, WA 98445 Housing Market

The typical home value in Tacoma 98445 is $486,508, up 0.1% over the past year. The median list price sits at $522,500, with homes typically remaining on the market for 50 days.

Updated September 2026Median value$487K

The median home value in Tacoma, WA 98445 is $487K as of September 2026, up 0.1% 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 98445 range

$448K to $525K

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 98445 over the last 12 months: $486K in Sep 2025 to $487K in Sep 2026 (+0.1%).

Sep 2025$486K

Sep 2026$487K

The numbers

What is the 98445 housing market like?

Typical home value

$487K

Up0.1%YoY

Median list price

$523K

Down1.4%MoM

Days on market

50

Up8.7%MoM

Homes for sale

108

Up3.8%MoM

Price cuts

31.3%

Up47.5%MoM

New listings

34

Down29.2%MoM

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

The outlook

98445 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98445 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 98445 rose 0.1%, per the Zillow Home Value Index.

Will home prices drop in 98445?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98445 to stay roughly flat by September 2027 (up 0.1%), after a 0.1% rise 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 98445 home prices compare?

  • 98445$486,508
  • 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

September 2026 shows 108 homes for sale in this ZIP, with 34 new listings entering the market. At a median of 50 days on market, properties are moving at a moderate pace. The median list price of $522,500 reflects buyer interest, though price cuts appeared on 31.3% of listings, suggesting some sellers are adjusting expectations. The slight appreciation of 0.1% over the past year indicates a stable but cautious market. If you're considering selling, understand that nearly a third of homes have already reduced their asking price.

Monthly payment

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20% · $97,302

Common questions

What people ask us.

What is the typical home value in 98445?

The typical home value is $486,508, representing a 0.1% increase over the past year.

How long do homes typically stay on the market here?

The median days on market is 50, indicating a moderate selling timeframe.

What share of homes have seen price cuts?

As of September 2026, 31.3% of listings have experienced a price reduction.

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