Is Tacoma, WA 98424 a buyer’s or seller’s market?

The Tacoma housing market right now

In the three months ending August 31, 2026, 13% of homes in Tacoma, WA 98424 sold above their list price, the typical home went under contract in 19 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (13 days then) and the median sale price fell 7% to $509,779. Overall, Tacoma is less competitive than a year ago, which gives buyers more room.

Within Pierce County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Tacoma ranks #188 of 298 WA ZIP codes with enough sales (score 51 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) and Tacoma 98418 (55% sold over asking) are even more competitive.