Market Overview
Home Prices in Tacoma, WA
The median home value in Tacoma, WA is $498,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.4% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tacoma are priced21% above average. Tacoma is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Tacoma home values have risen by approximately9.3%, reflecting steady appreciation in this market.
Price History
Tacoma Home Price Trend
City Comparison
Tacoma vs. National Median
At $498,063, homes in Tacoma cost 21% above the national median of $410,000. Buyers in Tacoma should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Tacoma?
20% Down Payment
$99,613
on $498,063
Monthly P&I
$2,598/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,299/mo
incl. taxes & insurance
Income Needed
$131,960
gross annual (30% rule)
10% Down Option
$49,806
+ PMI applies
Loan Amount (20% dn)
$398,450
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Tacoma, WA?
The median home value in Tacoma is $498,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.4% year-over-year.
How much have home prices changed in Tacoma?
Over the past year, home values in Tacoma have decreased by 0.4%. Over five years, prices have risen approximately 9.3%.
How much do I need to earn to buy a home in Tacoma?
To comfortably afford the median home price of $498,063 with a 20% down payment ($99,613) at today's rates (6.8%), you'd need a gross annual income of approximately $131,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Tacoma compare to the national average home price?
The national median home value is approximately $410,000. At $498,063, homes in Tacoma are 21% above the national average.
What metro area is Tacoma part of?
Tacoma is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.