Tacoma, WA metro area Housing Market
Cool MarketComprehensive housing market data for the Tacoma, WA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$550K
↓ 2.7% YoY
Days on Market
59 days
↑ 51.3% YoY
Active Inventory
1,600
↑ 12.2% YoY
Homes Sold
595
↓ 7.5% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Tacoma, WA metro area Market Summary
The Tacoma, WA metro area housing market is cooling down. As of January 2026, the median home sale price is $550K, down 2.7% year-over-year. Homes are spending a median of 59 days on the market, 51.3% longer than a year ago.
There are 1,600 homes for sale — 12.2% more than last year. With 2.7 months of supply, this is a seller's market. 835 new listings were added during this period, down 4.6% year-over-year.
Homes are selling for 99.6% of their list price on average, suggesting room for negotiation. 28.1% of homes sell above their asking price. 31.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Washington Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 30% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Tacoma, WA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$569K
Price per Sq Ft
$311
Sale-to-List Ratio
99.6%
Months of Supply
2.7
Sold Above List
28.1%
Price Drops
31.2%
New Listings
835
↓ 4.6% YoY
Pending Sales
797
Off Market in 2 Weeks
37.1%
Other Markets in Washington
Seattle, WA metro area
$758K · 56d on market
Spokane, WA metro area
$410K · 59d on market
Kennewick, WA metro area
$429K · 70d on market
Bremerton, WA metro area
$539K · 36d on market
Olympia, WA metro area
$505K · 64d on market
Bellingham, WA metro area
$609K · 60d on market
Yakima, WA metro area
$373K · 60d on market
Mount Vernon, WA metro area
$675K · 72d on market
Analyze a deal in Tacoma, WA metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.