The story of this market
The typical home in ZIP 98407 sells for about $611,500, or $437 per square foot.
Prices are down 9.41% from a year ago, which gives buyers more room to negotiate. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,064 a month.
ZIP 98407 — Tacoma
The 98407 housing market is currently experiencing a price correction with a year-over-year decline of 9.41% as of March 2026. Market activity remains competitive with homes selling in 29 days, though sales volume has decreased compared to the previous year. Several metrics including rent, tax rates, and specific demographic data are not published at the ZIP level.
Median prices moved down 9.4% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
- Wild Waves Theme and Water Park3.99.5 mi
- Sky Zone Trampoline Park4.116.6 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.317.6 mi
- Round1 Bowling & Arcade416.9 mi
- Round1 Bowling & Arcade - Puyallup3.813.5 mi
- Washington State Fair Event Center4.312.6 mi
- Tacoma Dome4.15.4 mi
- Wild Waves Theme and Water Park3.99.5 mi
- accesso ShoWare Center4.514.5 mi
- White River Amphitheatre4.119.2 mi
- Washington State Fair Event Center4.312.6 mi
- Point Defiance Zoo & Aquarium4.51.2 mi
- Chambers Bay Golf Course4.76.7 mi
- Point Defiance Park4.71.4 mi
- Dash Point State Park4.55.4 mi
- The Museum of Flight4.818.8 mi
- Museum of Glass4.54.8 mi
- LeMay - America’s Car Museum4.75.3 mi
- Children's Museum of Tacoma4.64.5 mi
- Tacoma Art Museum4.64.6 mi
- Chambers Bay Golf Course4.76.7 mi
- Point Defiance Park4.71.4 mi
- Dash Point State Park4.55.4 mi
- Sprinker Recreation Center4.512 mi
- Point Ruston4.70.8 mi
- Tacoma Yacht Club4.71.3 mi
- Point Defiance Marina4.71.3 mi
- City of Des Moines Marina4.511.6 mi
- Foss Harbor Marina4.64.3 mi
- Tyee Marina4.14.5 mi
- Chambers Bay Golf Course4.76.7 mi
- Meadow Park Golf Course4.56.6 mi
- Allenmore Golf Course4.33.8 mi
- Oakbrook Golf Club4.26.7 mi
- Tacoma Country & Golf Club4.610.5 mi
- Tacoma Mall4.15.4 mi
- The Outlet Collection Seattle4.212.7 mi
- WinCo Foods4.36.9 mi
- Metropolitan Market Tacoma4.61.7 mi
- WinCo Foods4.48.3 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.414.6 mi
- King County International Airport - Boeing Field4.519.7 mi
- Kenmore Air - Lake Union4.624.8 mi
- The Club SEA2.714.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).