The housing market in 98405 Tacoma, WA is slightly below the US median value of $338,100 at $414,300. While the appreciation rate of the US housing market has increased by 8.27% in the past year, the Tacoma market only saw an appreciation of 4.80%. This suggests that while there is still potential for growth in this area, it may not be as strong as the national average.
The median home cost in Tacoma (zip 98405) is $414,300. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98405) is up 12.3%.
Average Age of Homes
- The median age of Tacoma (zip 98405) real estate is 72 years old
The Rental Market in Tacoma (zip 98405)
- Renters make up 49.5% of the Tacoma (zip 98405) population
- 3.2% of houses and apartments in Tacoma (zip 98405), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.