Population: 22,994 · Density: 2,123.6/mi² · Median household income: $96,755
Typical home value: $515,727 · Homeownership: 65.0%
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98406 | Tacoma, WA 98406 | 0.0 mi | 42 | $33,572,406 | $629,000 | $799,343 |
| 98407 | Tacoma, WA 98407 | 1.8 mi | 55 | $46,674,760 | $689,950 | $848,632 |
| 98403 | Tacoma, WA 98403 | 2.3 mi | 18 | $13,720,230 | $662,450 | $762,235 |
| 98402 | Tacoma, WA 98402 | 3.3 mi | 15 | $12,796,410 | $365,000 | $853,094 |
| 98418 | Tacoma, WA 98418 | 4.0 mi | 27 | $11,129,535 | $409,995 | $412,205 |
| 98408 | Tacoma, WA 98408 | 5.3 mi | 56 | $27,186,600 | $472,475 | $485,475 |
| 98335 | Gig Harbor, WA 98335 | 5.8 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98404 | Tacoma, WA 98404 | 5.9 mi | 76 | $36,230,948 | $450,000 | $476,723 |
| 98443 | Tacoma, WA 98443 | 7.4 mi | 10 | $8,936,060 | $840,000 | $893,606 |
| 98023 | Federal Way, WA 98023 | 7.6 mi | 74 | $60,746,378 | $715,000 | $820,897 |
| 98444 | Tacoma, WA 98444 | 8.1 mi | 61 | $30,846,114 | $485,000 | $505,674 |
| 98388 | Steilacoom, WA 98388 | 8.5 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98003 | Federal Way, WA 98003 | 9.6 mi | 82 | $45,283,598 | $525,000 | $552,239 |
As of January 2026, there are 42 active listings in TACOMA, WA (zip code 98406), compared to 27 the prior year.
The median listing price in TACOMA, WA 98406 is $629,000 as of January 2026, a 4% increase from $604,975 the prior year.
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.
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.
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.