The housing market in 98409 Tacoma, WA is slightly below the national median value for homes, coming in at $394,900 compared to the US median of $338,100. However, while the US has experienced an 8.27% appreciation in home values over the last year, homes in 98409 Tacoma have only seen a 4.80% appreciation rate - making it a prime location for those looking to buy or invest in real estate.
The median home cost in Tacoma (zip 98409) is $394,900. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98409) is up 12.3%.
Average Age of Homes
- The median age of Tacoma (zip 98409) real estate is 45 years old
The Rental Market in Tacoma (zip 98409)
- Renters make up 54.5% of the Tacoma (zip 98409) population
- 1.1% of houses and apartments in Tacoma (zip 98409), 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.