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West End

TACOMA, WA 98407

Real Estate Market Report  ·  Pierce County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
55
⇧ 5.8% vs 52 last year
Pending
18
33% pending ratio
Median Price
$689,950
⇩ 13.5% vs $797,500 last year
Average Price
$848,632
⇩ 16.3% vs $1,013,309 last year
Days on Market
57
⇩ 10.9% vs 64 days last year

Market Context

Population: 21,050  ·  Density: 1,507.9/mi²  ·  Median household income: $103,900

Typical home value: $566,870  ·  Homeownership: 65.3%

Market Analysis

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

The TACOMA, WA real estate market (98407) currently shows 55 active listings, with 18 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 64 days last year.

The median listing price has fallen 13.5% year-over-year, from $797,500 to $689,950.

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: 55 this year vs 52 last year
  • Days on market: 57 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $689,950 (-13.5% YoY)
  • Average: $848,632 (-16.3% 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 9.5 miles — 582 listings ($379,507,347 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98407Tacoma, WA 984070.0 mi55$46,674,760$689,950$848,632
98403Tacoma, WA 984032.9 mi18$13,720,230$662,450$762,235
98405Tacoma, WA 984053.5 mi60$29,338,380$469,000$488,973
98466Tacoma, WA 984664.3 mi45$26,357,760$569,950$585,728
98418Tacoma, WA 984185.5 mi27$11,129,535$409,995$412,205
98422Tacoma, WA 984225.6 mi49$52,357,431$799,925$1,068,519
98467University Place, WA 984676.1 mi32$22,176,864$699,000$693,027
98408Tacoma, WA 984087.0 mi56$27,186,600$472,475$485,475
98404Tacoma, WA 984047.2 mi76$36,230,948$450,000$476,723
98499Lakewood, WA 984998.5 mi41$28,723,575$499,950$700,575
98070Vashon, WA 980708.7 mi21$25,012,806$875,000$1,191,086
98003Federal Way, WA 980039.3 mi82$45,283,598$525,000$552,239
98354Milton, WA 983549.5 mi20$15,314,860$754,975$765,743

Frequently Asked Questions

How many homes are for sale in TACOMA, WA 98407?

As of January 2026, there are 55 active listings in TACOMA, WA (zip code 98407), compared to 52 the prior year.

What is the median home price in TACOMA, WA 98407?

The median listing price in TACOMA, WA 98407 is $689,950 as of January 2026, a 13.5% decrease from $797,500 the prior year.

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

Homes in TACOMA, WA 98407 spend an average of 57 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in TACOMA, WA 98407?

Based on current inventory and days-on-market data as of January 2026, TACOMA, WA 98407 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 64 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 98407 save an estimated $13,799 compared to a typical 5% commission on the median listing price of $689,950. 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.