Market Intelligence · WA / Tacoma

Tacoma, WA 98465 Housing Market

The typical home in Tacoma's 98465 ZIP code is worth $578,828, up 0.6% over the past year as of 2026-08-01. Sellers are listing at a median price of $575,000, and homes are spending a median of 47 days on market.

Updated August 2026Median value$579K

The median home value in Tacoma, WA 98465 is $579K as of August 2026, up 0.6% 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 98465 range

$533K to $625K

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

+0.6% over 12 months

Typical home value in 98465 over the last 12 months: $575K in Aug 2025 to $579K in Aug 2026 (+0.6%).

Aug 2025$575K

Aug 2026$579K

The numbers

What is the 98465 housing market like?

Typical home value

$579K

Up0.6%YoY

Median list price

$575K

Up7.3%MoM

Days on market

47

Down46.6%MoM

Homes for sale

12

Flat0.0%MoM

Price cuts

34.8%

Up52.0%MoM

New listings

4

Down50.0%MoM

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

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The comparison

How do 98465 home prices compare?

  • 98465$578,828
  • Tacoma$524,457
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Tacoma: 16 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 98465 have held fairly steady, with the typical home value at $578,828 and a gain of 0.6% over the past year. As of 2026-08-01, there are 12 homes for sale, with 4 new listings coming on. The median list price sits at $575,000, and the median days on market is 47. Notably, 34.8% of listings have taken a price cut, which suggests some sellers are starting too high and adjusting. For a seller, the market is stable but not forgiving of overpricing, so pricing right from the start matters.

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20% · $115,766

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