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Tacoma, WA 98404 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Tacoma, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 5252PendingPending sales: 77
Tacoma, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $438k$438kSoldMedian sold price (last 6 months): $438k$438k
What homes actually sell for in Tacoma, WA
Distribution of 219 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $347k to $505k
$225k to $288k: 23 sales$225k$288k to $351k: 25 sales$351k to $414k: 36 sales$351k$414k to $478k: 50 sales50sales$478k to $541k: 42 sales$478k$541k to $604k: 13 sales$604k to $667k: 5 sales$604k$667k to $730k: 4 salesMedian $438k

What the numbers say

As of September 14, 2026, Resideline is tracking 52 active listings and 7 pending sales in ZIP code 98404. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $437,500, while the median of the 219 closed sales Resideline tracked over the last six months was $437,750. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98404 for 52 days.

Frequently asked questions

What is the median home price in 98404?

The median closed sale price in Tacoma, WA 98404 was $437,750 over the last six months, based on 219 closed sales tracked by Resideline. The middle half of those sales ranged from $347,000 to $505,000.

Is 98404 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 52 active listings in 98404, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98404 currently looks like a balanced market.

Nearby ZIP code market data

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