Zip 98418 (Tacoma, WA) Housing


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The housing market in Tacoma, WA (98418) is quite strong with a median home value of $390,300. Although this figure is slightly higher than the US median home value of $338,100, the appreciation rate for homes in Tacoma is lower at 4.80%, compared to the US average of 8.27%. This suggests that while Tacoma housing may be slightly more expensive than average, it is less affected by changes in the market and may provide more stability for potential buyers.

The median home cost in Tacoma (zip 98418) is $390,300. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98418) is up 12.3%.

Average Age of Homes
- The median age of Tacoma (zip 98418) real estate is 75 years old
The Rental Market in Tacoma (zip 98418)
- Renters make up 33.7% of the Tacoma (zip 98418) population
- 1.3% of houses and apartments in Tacoma (zip 98418), 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

  HousingTacoma, WashingtonUnited States
  4,230.0139,647,020.0
  3642
  $390,300$338,100
  12.3%16.6%
  80.1%57.0%
  176.6%101.1%
  $8.75$10.98
  $2,510$2,690
  64.2%57.4%
  4.1%11.2%
  31.7%31.4%
  Vacant Housing
  1.3%1.9%
  0.0%0.4%
  0.3%0.7%
  0.0%0.4%
  0.0%3.6%
  2.5%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.8%2.4%
  0.0%2.8%
  0.0%3.9%
  0.6%4.5%
  4.2%11.3%
  15.9%13.0%
  33.4%20.1%
  31.8%13.6%
  8.9%8.3%
  3.3%9.7%
  0.0%3.9%
  0.3%2.2%
  0.0%0.8%
  0.8%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  6.4%13.6%
  6.4%13.6%
  3.1%13.6%
  4.7%13.2%
  5.6%14.8%
  3.1%13.6%
  6.2%10.0%
  9.4%4.7%
  57.5%12.2%
Commute