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TACOMA, WA 98418

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

Market Analysis

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

The TACOMA, WA real estate market (98418) currently shows 26 active listings, with 17 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 32 days on market compared to 19 days last year.

The median listing price has fallen 5.7% year-over-year, from $421,725 to $397,688.

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
26
⇩ 7.1% vs 28 last year
Pending
17
65% pending ratio
Median Price
$397,688
⇩ 5.7% vs $421,725 last year
Average Price
$405,903
⇩ 7.8% vs $440,014 last year
Days on Market
32
⇧ 68.4% vs 19 days last year

Price Per Square Foot

Median $/sqft
$271
⇩ 25.5% vs $364/sqft last year
Median Home Size
1,486 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 28 last year
  • Days on market: 32 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $397,688 (-5.7% YoY)
  • Average: $405,903 (-7.8% 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 — 661 listings ($418,944,847 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98418Tacoma, WA 984180.0 mi27$11,129,535$409,995$412,205
98409Tacoma, WA 984091.9 mi47$25,522,222$415,000$543,026
98404Tacoma, WA 984041.9 mi76$36,230,948$450,000$476,723
98403Tacoma, WA 984033.0 mi18$13,720,230$662,450$762,235
98406Tacoma, WA 984064.0 mi42$33,572,406$629,000$799,343
98465Tacoma, WA 984654.3 mi6$4,980,000$762,475$830,000
98467University Place, WA 984674.8 mi32$22,176,864$699,000$693,027
98444Tacoma, WA 984444.9 mi61$30,846,114$485,000$505,674
98407Tacoma, WA 984075.5 mi55$46,674,760$689,950$848,632
98371Puyallup, WA 983716.1 mi80$56,422,240$689,450$705,278
98498Lakewood, WA 984986.9 mi80$55,704,560$559,900$696,307
98446Tacoma, WA 984467.3 mi55$36,681,370$659,900$666,934
98003Federal Way, WA 980038.4 mi82$45,283,598$525,000$552,239

Frequently Asked Questions

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

As of February 2026, there are 26 active listings in TACOMA, WA (zip code 98418), compared to 28 the prior year.

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

The median listing price in TACOMA, WA 98418 is $397,688 as of February 2026, a 5.7% decrease from $421,725 the prior year.

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

Homes in TACOMA, WA 98418 spend an average of 32 days on the market before going under contract, compared to 19 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 February 2026, TACOMA, WA 98418 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 32 days on market compared to 19 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 $7,954 compared to a typical 5% commission on the median listing price of $397,688. 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.