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TACOMA, WA 98402

Real Estate Market Report  ·  Pierce County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇩ 54.5% vs 33 last year
Pending
2
13% pending ratio
Median Price
$365,000
⇩ 14.3% vs $426,125 last year
Average Price
$853,094
⇧ 14.9% vs $742,404 last year
Days on Market
49
⇩ 43.7% vs 87 days last year

Market Context

Population: 7,088  ·  Density: 2,319.8/mi²  ·  Median household income: $57,486

Typical home value: $534,130  ·  Homeownership: 22.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The TACOMA, WA real estate market (98402) currently shows 15 active listings, with 2 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 87 days last year.

The median listing price has fallen 14.3% year-over-year, from $426,125 to $365,000.

Whether you are buying or selling in TACOMA, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 33 last year
  • Days on market: 49 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (-14.3% YoY)
  • Average: $853,094 (+14.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.7 miles — 694 listings ($446,759,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98402Tacoma, WA 984020.0 mi15$12,796,410$365,000$853,094
98405Tacoma, WA 984051.5 mi60$29,338,380$469,000$488,973
98404Tacoma, WA 984043.1 mi76$36,230,948$450,000$476,723
98409Tacoma, WA 984093.3 mi47$25,522,222$415,000$543,026
98408Tacoma, WA 984083.6 mi56$27,186,600$472,475$485,475
98407Tacoma, WA 984074.3 mi55$46,674,760$689,950$848,632
98443Tacoma, WA 984434.3 mi10$8,936,060$840,000$893,606
98023Federal Way, WA 980235.5 mi74$60,746,378$715,000$820,897
98354Milton, WA 983545.9 mi20$15,314,860$754,975$765,743
98371Puyallup, WA 983716.6 mi80$56,422,240$689,450$705,278
98003Federal Way, WA 980037.0 mi82$45,283,598$525,000$552,239
98498Lakewood, WA 984988.4 mi80$55,704,560$559,900$696,307
98372Puyallup, WA 983728.7 mi39$26,602,173$675,000$682,107

Frequently Asked Questions

How many homes are for sale in TACOMA, WA 98402?

As of January 2026, there are 15 active listings in TACOMA, WA (zip code 98402), compared to 33 the prior year.

What is the median home price in TACOMA, WA 98402?

The median listing price in TACOMA, WA 98402 is $365,000 as of January 2026, a 14.3% decrease from $426,125 the prior year.

How long do homes stay on the market in TACOMA, WA?

Homes in TACOMA, WA 98402 spend an average of 49 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in TACOMA, WA 98402?

Based on current inventory and days-on-market data as of January 2026, TACOMA, WA 98402 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 87 days last year.

How much can I save on real estate commission in TACOMA, WA?

With SELL123.com's maximum 3% commission, sellers in TACOMA, WA 98402 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.