Is Tacoma, WA 98418 a buyer’s or seller’s market?

The Tacoma housing market right now

In the three months ending August 31, 2026, 55% of homes in Tacoma, WA 98418 sold above their list price, the typical home went under contract in 8 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold about as fast and the median sale price rose 4% to $424,816. Overall, Tacoma is more competitive than a year ago, so tougher for buyers.

Within Pierce County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 98%. On our competition score, Tacoma ranks #3 of 298 WA ZIP codes with enough sales (score 87 out of 100).

Nearby, buyers who want less competition could look at Mckenna 98558 (0% sold over asking) or Vaughn 98394 (0% sold over asking), while Carbonado 98323 (80% sold over asking) is even more competitive.