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TACOMA, WA 98418

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

Market Analysis

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

The TACOMA, WA real estate market (98418) currently shows 31 active listings, with 14 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 30 days last year.

The median listing price has fallen 3.1% year-over-year, from $415,000 to $402,225.

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 Context

Market Context

Population: 10,082  ·  Density: 2,308.0/mi²  ·  Median household income: $73,264

Typical home value: $345,296  ·  Homeownership: 66.0%

Market Overview

Active Listings
31
⇩ 8.8% vs 34 last year
Pending
14
45% pending ratio
Median Price
$402,225
⇩ 3.1% vs $415,000 last year
Average Price
$451,209
⇧ 4.1% vs $433,614 last year
Days on Market
46
⇧ 53.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$317
⇧ 3.3% vs $307/sqft last year
Median Home Size
1,372 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 34 last year
  • Days on market: 46 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $402,225 (-3.1% YoY)
  • Average: $451,209 (+4.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 718 listings ($452,380,904 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98418Tacoma, WA 984180.0 mi26$10,553,478$397,688$405,903
98409Tacoma, WA 984091.9 mi54$28,365,390$399,962$525,285
98404Tacoma, WA 984041.9 mi85$42,293,960$480,000$497,576
98403Tacoma, WA 984033.0 mi22$17,089,006$668,725$776,773
98406Tacoma, WA 984064.0 mi47$36,611,684$599,988$778,972
98465Tacoma, WA 984654.3 mi10$6,281,470$404,975$628,147
98467University Place, WA 984674.8 mi32$22,083,520$701,246$690,110
98444Tacoma, WA 984444.9 mi70$34,075,930$457,500$486,799
98407Tacoma, WA 984075.5 mi59$48,959,026$695,425$829,814
98371Puyallup, WA 983716.1 mi80$56,146,800$687,500$701,835
98498Lakewood, WA 984986.9 mi81$56,584,008$562,413$698,568
98446Tacoma, WA 984467.3 mi62$42,145,802$665,900$679,771
98003Federal Way, WA 980038.4 mi90$51,190,830$538,750$568,787

Frequently Asked Questions

How many homes are for sale in TACOMA, WA 98418?

As of June 2026, there are 31 active listings in TACOMA, WA (zip code 98418), compared to 34 the prior year.

What is the median home price in TACOMA, WA 98418?

The median listing price in TACOMA, WA 98418 is $402,225 as of June 2026, a 3.1% decrease from $415,000 the prior year.

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

Homes in TACOMA, WA 98418 spend an average of 46 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in TACOMA, WA 98418?

Based on current inventory and days-on-market data as of June 2026, TACOMA, WA 98418 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 30 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 98418 save an estimated $8,045 compared to a typical 5% commission on the median listing price of $402,225. 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.