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Tacoma, WA 98408 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Tacoma, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 3131PendingPending sales: 55
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): $430k$430kSoldMedian sold price (last 6 months): $439k$439k
What homes actually sell for in Tacoma, WA
Distribution of 158 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $390k to $492k
$260k to $299k: 5 sales$260k$299k to $337k: 7 sales$337k to $376k: 16 sales$337k$376k to $414k: 24 sales$414k to $453k: 29 sales$414k$453k to $492k: 30 sales30sales$492k to $530k: 15 sales$492k$530k to $569k: 17 salesMedian $439k

What the numbers say

As of October 26, 2026, Resideline is tracking 31 active listings and 5 pending sales in ZIP code 98408. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $430,000, while the median of the 158 closed sales Resideline tracked over the last six months was $439,000. 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 98408 for 73 days.

Frequently asked questions

What is the median home price in 98408?

The median closed sale price in Tacoma, WA 98408 was $439,000 over the last six months, based on 158 closed sales tracked by Resideline. The middle half of those sales ranged from $390,000 to $492,500.

Is 98408 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 31 active listings in 98408, a pending-to-active ratio of 0.16. 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, 98408 currently looks like a balanced market.

Nearby ZIP code market data

Full Tacoma, WA housing market report →

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