The housing market in 98422 Tacoma, WA is slightly below the US median at $630,900, compared to a US median of $338,100. The US 1 year appreciation rate was 8.27%, while Tacoma experienced a 1 year appreciation rate of 4.80%. This slower appreciation means that homes in Tacoma are currently priced slightly lower than the median value for all of the United States, making it an attractive home buying option for those looking to stay within budget while still investing in quality housing.
The median home cost in Tacoma (zip 98422) is $630,900. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Tacoma (zip 98422) is up 12.3%.
Average Age of Homes
- The median age of Tacoma (zip 98422) real estate is 28 years old
The Rental Market in Tacoma (zip 98422)
- Renters make up 22.5% of the Tacoma (zip 98422) population
- 0.5% of houses and apartments in Tacoma (zip 98422), 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.