Zip 98404 (Tacoma, WA) Housing

Housing in 98404 Tacoma, WA is more expensive than the national median, with a median value of $403,500 compared to $338,100 across the United States. However, appreciation rates are lower in 98404 Tacoma than nationwide, with house appreciation for the past year at 4.80% compared to 8.27% across the country. Despite being more expensive than average housing nationwide, the slower appreciation rate indicates that it may be a good time to buy in this area.

The median home cost in Tacoma (zip 98404) is $403,500. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98404) is up 12.3%.

Average Age of Homes

- The median age of Tacoma (zip 98404) real estate is 45 years old

The Rental Market in Tacoma (zip 98404)

- Renters make up 40.3% of the Tacoma (zip 98404) population
- 0.9% of houses and apartments in Tacoma (zip 98404), 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
	12,748.0	139,647,020.0
	50	42
	$403,500	$338,100
	12.3%	16.6%
	80.1%	57.0%
	176.6%	101.1%
	$10.30	$10.98
	$2,910	$2,690
	60.7%	57.4%
	3.9%	11.2%
	35.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.2%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.4%	2.4%
	0.6%	2.8%
	0.5%	3.9%
	0.6%	4.5%
	3.9%	11.3%
	10.1%	13.0%
	38.8%	20.1%
	29.0%	13.6%
	7.4%	8.3%
	5.8%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	7.3%	13.6%
	12.2%	13.2%
	11.8%	14.8%
	7.3%	13.6%
	9.7%	10.0%
	6.8%	4.7%
	21.5%	12.2%

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