Zip 98403 (Tacoma, WA) Housing

The housing market in Tacoma, WA (98403) is far above the median value for the US, with a median house value of $646,000. This is nearly double the national median value of $338,100. Unfortunately, price appreciation has been considerably slower in this area than the rest of the country; over the past year, houses have only appreciated by 4.80%, compared to 8.27% nationally. Despite this difference in appreciation rates, Tacoma still offers an attractive and robust marketplace for those looking to purchase a home.

The median home cost in Tacoma (zip 98403) is $646,000. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98403) is up 12.3%.

Average Age of Homes

- The median age of Tacoma (zip 98403) real estate is 78 years old

The Rental Market in Tacoma (zip 98403)

- Renters make up 56.2% of the Tacoma (zip 98403) population
- 4.3% of houses and apartments in Tacoma (zip 98403), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tacoma, Washington	United States
	4,565.0	139,647,020.0
	36	42
	$646,000	$338,100
	12.3%	16.6%
	80.1%	57.0%
	176.6%	101.1%
	$11.78	$10.98
	$6,506	$2,690
	37.9%	57.4%
	6.0%	11.2%
	56.2%	31.4%
Vacant Housing
	4.3%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.5%	11.3%
	1.9%	13.0%
	6.3%	20.1%
	17.4%	13.6%
	16.9%	8.3%
	22.1%	9.7%
	16.8%	3.9%
	10.6%	2.2%
	4.4%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.8%	13.6%
	0.8%	13.6%
	6.6%	13.6%
	5.4%	13.2%
	10.0%	14.8%
	6.6%	13.6%
	7.6%	10.0%
	5.1%	4.7%
	54.3%	12.2%

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