The Tacoma housing market is very competitive. Homes in Tacoma receive 2 offers on average and sell in around 23 days. The median sale price of a home in Tacoma was $496K last month, up 10.2% since last year. The median sale price per square foot in Tacoma is $313, up 5.7% since last year.
In November 2024, Tacoma home prices were up 10.2% compared to last year, selling for a median price of $496K. On average, homes in Tacoma sell after 23 days on the market compared to 22 days last year. There were 217 homes sold in November this year, up from 150 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$495,800
+10.2% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Tacoma, WA
$495,800
+10.2%
United States
To compare other locations to the Tacoma and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Tacoma's median sale price is 7% higher than the national average. Overall cost of living in Tacoma is 29% higher than the national average. Learn which home features in Tacoma add value to a home.
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How hot is the Tacoma housing market?
Tacoma is very competitive. Homes sell in 20.5 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 21 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Tacoma
Explore recent offers and recently sold homes in Tacoma
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$325K Offer
Sold for $350K
2bd | 1.5ba | ~1,000sqft
Over List Price
0%
Days on Market
4
Competing Offers
5
Down Payment
—
Jaime Auvil
Tacoma Redfin Agent
LA confirmed 5 offers received with escalations 11/23/2024.
Offer Not Accepted|
9 Weeks Ago
~$550K Offer
Sold for $550K
3bd | 2.5ba | ~2,000sqft
Over List Price
2%
Days on Market
2
Competing Offers
1
Down Payment
<10%
Graham Northcott
Tacoma Redfin Agent
This was a backup offer, first offer closed. Buyer did not complete any actions to this deal.
Offer Not Accepted|
11 Weeks Ago
~$850K Offer
Sold for $850K
4bd | 2.5ba | ~3,500sqft
Under List Price
6%
Days on Market
125
Competing Offers
0
Down Payment
<10%
Jessica Birch
Tacoma Redfin Agent
Offered $70,000 under list price with a pre inspection and two repair requests. Seller's countered at $60,000 under list price but no repairs and buyer rejected the counter offer. …
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Tacoma housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tacoma.
Flood Factor - Major
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tacoma has a major risk of flooding. 3,719 properties in Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Tacoma. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tacoma has a moderate risk of wildfire. There are 1,312 properties in Tacoma that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Tacoma.