The South Tacoma housing market is very competitive. Homes in South Tacoma receive 1 offers on average and sell in around 8 days. The median sale price of a home in South Tacoma was $419K last month, up 1.8% since last year. The median sale price per square foot in South Tacoma is $309, up 2.7% since last year.
What is the housing market like in South Tacoma today?
In October 2024, South Tacoma home prices were up 1.8% compared to last year, selling for a median price of $419K. On average, homes in South Tacoma sell after 8 days on the market compared to 11 days last year. There were 75 homes sold in October this year, up from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$419,000
+1.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Tacoma, WA
$419,000
+1.8%
United States
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How hot is the South Tacoma housing market?
South Tacoma is very competitive. Homes sell in 7 days.
0
100
85
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 around list price and go pending in around 7 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
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 South Tacoma housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Tacoma.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Tacoma has a minor risk of flooding. 921 properties in South Tacoma are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in South Tacoma. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Tacoma has a moderate risk of wildfire. There are 496 properties in South Tacoma that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in South Tacoma.
South Tacoma has minimal risk of severe winds over the next 30 years
Wind Factor
South Tacoma has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.