Market Intelligence · WA / Tacoma

Tacoma, WA 98446 Housing Market

The typical home in 98446 is valued at $551,276, up 1.0% over the past year. The median list price stands at $624,950, with homes staying on the market for a median of 65 days.

Updated September 2026Median value$551K

The median home value in Tacoma, WA 98446 is $551K as of September 2026, up 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 98446 range

$507K to $595K

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

Sep 2025$546K

Low $546KHigh $556K

Sep 2026$551K

The numbers

What is the 98446 housing market like?

As of September 2026

Typical home value

$551K

1.0%YoY

Median list price

$625K

1.2%MoM

Days on market

12.1%MoM

Homes for sale

1.6%MoM

Price cuts

20.7%

23.2%MoM

New listings

20.0%MoM

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

The outlook

98446 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98446 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 98446 rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in 98446?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98446 to stay roughly flat by September 2027 (up 0.2%), after a 1.0% 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 98446 home prices compare?

98446$551,276
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 98446 ZIP has 62 homes for sale as of September 2026, with 16 new listings entering the market. The median asking price of $624,950 sits well above the typical home value of $551,276, a gap that may reflect a range of property types and conditions. At 65 days median time on market, homes are taking longer to find buyers. With 20.7% of listings carrying a price cut, there is room to negotiate. For sellers, the combination of slower-moving inventory and price reductions suggests you should price carefully and be prepared for a longer sales process.

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Down payment20% · $110,255

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Common questions

What people ask us.

What is the typical home value in 98446?

The typical home value is $551,276, up 1.0% over the past year as of September 2026.

How many homes are currently for sale in 98446?

There are 62 homes for sale in the ZIP code as of September 2026, with 16 new listings in that period.

How long do homes stay on the market in 98446?

The median days on market is 65 as of September 2026.

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