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Dome District (Tacoma Dome) New Tacoma Theatre District

TACOMA, WA 98402

Real Estate Market Report  ·  Pierce County
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98402

Dome District (Tacoma Dome) · New Tacoma · Theatre District

Market Analysis

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

The TACOMA, WA real estate market (98402) currently shows 18 active listings, with 4 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 94 days last year.

The median listing price has fallen 15.5% year-over-year, from $417,000 to $352,500.

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: 7,088  ·  Density: 2,319.8/mi²  ·  Median household income: $57,486

Typical home value: $534,130  ·  Homeownership: 22.2%

Market Overview

Active Listings
18
⇩ 50% vs 36 last year
Pending
4
22% pending ratio
Median Price
$352,500
⇩ 15.5% vs $417,000 last year
Average Price
$476,468
⇩ 26.7% vs $650,210 last year
Days on Market
27
⇩ 71.3% vs 94 days last year

Price Per Square Foot

Median $/sqft
$428
⇧ 0.9% vs $424/sqft last year
Median Home Size
826 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 36 last year
  • Days on market: 27 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $352,500 (-15.5% YoY)
  • Average: $476,468 (-26.7% 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 8.7 miles — 694 listings ($446,759,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98402Tacoma, WA 984020.0 mi15$12,796,410$365,000$853,094
98405Tacoma, WA 984051.5 mi60$29,338,380$469,000$488,973
98404Tacoma, WA 984043.1 mi76$36,230,948$450,000$476,723
98409Tacoma, WA 984093.3 mi47$25,522,222$415,000$543,026
98408Tacoma, WA 984083.6 mi56$27,186,600$472,475$485,475
98407Tacoma, WA 984074.3 mi55$46,674,760$689,950$848,632
98443Tacoma, WA 984434.3 mi10$8,936,060$840,000$893,606
98023Federal Way, WA 980235.5 mi74$60,746,378$715,000$820,897
98354Milton, WA 983545.9 mi20$15,314,860$754,975$765,743
98371Puyallup, WA 983716.6 mi80$56,422,240$689,450$705,278
98003Federal Way, WA 980037.0 mi82$45,283,598$525,000$552,239
98498Lakewood, WA 984988.4 mi80$55,704,560$559,900$696,307
98372Puyallup, WA 983728.7 mi39$26,602,173$675,000$682,107

Frequently Asked Questions

How many homes are for sale in TACOMA, WA 98402?

As of February 2026, there are 18 active listings in TACOMA, WA (zip code 98402), compared to 36 the prior year.

What is the median home price in TACOMA, WA 98402?

The median listing price in TACOMA, WA 98402 is $352,500 as of February 2026, a 15.5% decrease from $417,000 the prior year.

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

Homes in TACOMA, WA 98402 spend an average of 27 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in TACOMA, WA 98402?

Based on current inventory and days-on-market data as of February 2026, TACOMA, WA 98402 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 94 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 98402 save an estimated $7,050 compared to a typical 5% commission on the median listing price of $352,500. 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.