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West End

TACOMA, WA 98406

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

Market Overview

Active Listings
42
⇧ 55.6% vs 27 last year
Pending
12
29% pending ratio
Median Price
$629,000
⇧ 4% vs $604,975 last year
Average Price
$799,343
⇧ 24% vs $644,771 last year
Days on Market
86
⇧ 79.2% vs 48 days last year

Market Context

Population: 22,994  ·  Density: 2,123.6/mi²  ·  Median household income: $96,755

Typical home value: $515,727  ·  Homeownership: 65.0%

Market Analysis

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

The TACOMA, WA real estate market (98406) currently shows 42 active listings, with 12 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 86 days on market compared to 48 days last year.

The median listing price has risen 4% year-over-year, from $604,975 to $629,000.

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: 42 this year vs 27 last year
  • Days on market: 86 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $629,000 (+4% YoY)
  • Average: $799,343 (+24% 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 9.6 miles — 615 listings ($433,758,788 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98406Tacoma, WA 984060.0 mi42$33,572,406$629,000$799,343
98407Tacoma, WA 984071.8 mi55$46,674,760$689,950$848,632
98403Tacoma, WA 984032.3 mi18$13,720,230$662,450$762,235
98402Tacoma, WA 984023.3 mi15$12,796,410$365,000$853,094
98418Tacoma, WA 984184.0 mi27$11,129,535$409,995$412,205
98408Tacoma, WA 984085.3 mi56$27,186,600$472,475$485,475
98335Gig Harbor, WA 983355.8 mi79$87,744,589$934,475$1,110,691
98404Tacoma, WA 984045.9 mi76$36,230,948$450,000$476,723
98443Tacoma, WA 984437.4 mi10$8,936,060$840,000$893,606
98023Federal Way, WA 980237.6 mi74$60,746,378$715,000$820,897
98444Tacoma, WA 984448.1 mi61$30,846,114$485,000$505,674
98388Steilacoom, WA 983888.5 mi20$18,891,160$849,950$944,558
98003Federal Way, WA 980039.6 mi82$45,283,598$525,000$552,239

Frequently Asked Questions

How many homes are for sale in TACOMA, WA 98406?

As of January 2026, there are 42 active listings in TACOMA, WA (zip code 98406), compared to 27 the prior year.

What is the median home price in TACOMA, WA 98406?

The median listing price in TACOMA, WA 98406 is $629,000 as of January 2026, a 4% increase from $604,975 the prior year.

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

Homes in TACOMA, WA 98406 spend an average of 86 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in TACOMA, WA 98406?

Based on current inventory and days-on-market data as of January 2026, TACOMA, WA 98406 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 48 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 98406 save an estimated $12,580 compared to a typical 5% commission on the median listing price of $629,000. 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.