Market Intelligence · WA / Tacoma

Tacoma, WA 98466 Housing Market

The typical home in Tacoma's 98466 ZIP code is worth $637,440, down 0.6% over the past year. The median list price stands at $671,238, with homes spending a median of 28 days on market.

Updated June 2026Median value$637K

The median home value in Tacoma, WA 98466 is $637K as of June 2026, down 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 98466 range

$586K to $688K

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 98466 over the last 12 months: $641K in Jun 2025 to $637K in Jun 2026 (-0.6%).

Jun 2025$641K

Jun 2026$637K

The numbers

What is the 98466 housing market like?

Typical home value

$637K

Down0.6%YoY

Median list price

$671K

Days on market

28

Up300.0%MoM

Homes for sale

60

Price cuts

25.2%

New listings

38

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

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The comparison

How do 98466 home prices compare?

  • 98466$637,440
  • 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

There are currently 60 homes for sale in the area, with 38 new listings added as of early June 2026. The median asking price of $671,238 sits noticeably above the typical home value, suggesting some listings may be priced optimistically. At 28 days on the market, homes are moving at a moderate pace. One in four listings, or 25.2%, have already seen a price reduction. For sellers, the combination of a declining year-over-year value, moderate time on market, and frequent price cuts indicates a buyer-friendly environment where pricing strategy matters significantly.

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