Real Estate Market Update for Tacoma, WA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was stable from one year earlier, and down 23% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 20%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 310-thousand dollars. The number of units sold decreased 18% year-over-year, and increased 9% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Tacoma, WA

Area Information for Tacoma, WA
  • Population: 218,888
  • Median Age: 38.28 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 4,402/sq mi
  • Population Change Since 2000: 13.67%
  • Closest Airport: Seattle-tacoma International
  • Closest College: University Of Puget Sound
  • Closest Jr. College: Bates Technical College
  • Median Household Income: $60,289
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $351,000
  • Closest Major Sports Team: Tacoma Rainiers (aaa)
  • Change Avg. Household Income Since 2000: 64.55%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tacoma, WA
Median Age: 38.28 Married: 34% Number of Households: 87,029 Households with Children: 21,998
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Tacoma, WA

      School Name Distance Type Grades School Rating
      Edison 0.2 mi Public K-5 2
      Angelo Giaudrone Middle School 0.7 mi Public 6-8 1
      Mann 1.1 mi Public PRESCHOOL-5 2
      Manitou Park 1.3 mi Public PRESCHOOL-5 1
      Reed 1.5 mi Public PRESCHOOL-5 1
      Whitman 1.5 mi Public PRESCHOOL-5 1
      Idea - Industrial Design Engineering And Art 1.5 mi Public 9-12 0
      Birney 1.5 mi Public PRESCHOOL-5 1
      Washington Virtual Academy Omak High School 1.5 mi Public K-12 3
      Kindercare - University Place 1.6 mi Private PRESCHOOL-PRESCHOOL 0
      Mt Tahoma High School 1.7 mi Public 9-12 1
      Stewart 1.7 mi Public 6-8 1
      Tacoma School Of The Arts 1.7 mi Public 9-12 1
      Lincoln 1.9 mi Public 9-12 1
      Baker 1.9 mi Public 6-8 1
      Fawcett 1.9 mi Public PRESCHOOL-5 2
      Lyon 1.9 mi Public K-5 2
      Fern Hill 2.2 mi Public PRESCHOOL-5 2
      Helen B. Stafford Elementary School 2.3 mi Public PRESCHOOL-5 2
      Sheridan 2.3 mi Public K-5 1
      Tacoma Goodwill Youthbuild 2.4 mi Public 10- 0
      Foss 2.6 mi Public 9-12 1
      Boze 2.7 mi Public PRESCHOOL-5 1
      Larchmont 2.7 mi Public PRESCHOOL-5 1
      Stanley 2.7 mi Public PRESCHOOL-5 4
      Four Heroes Elementary 2.8 mi Public K-5 0
      Harrison Prep School 2.8 mi Public 6-12 4
      Tacoma Christian Academy 2.8 mi Private PRESCHOOL-12 0
      Dower Elementary School 2.9 mi Public K-5 2
      Franklin 2.9 mi Public PRESCHOOL-5 1
      Blix Elementary School 3.0 mi Public PRESCHOOL-5 1
      Clover Park Early Learning Program 3.0 mi Public PRESCHOOL-PRESCHOOL 0
      Evergreen Primary School 3.0 mi Public K-4 3
      Summit Public School: Olympus 3.1 mi Public 9-12 3
      Christensen Elementary School 3.2 mi Public K-5 1
      Wainwright Elementary School 3.3 mi Public PRESCHOOL-5 2
      Delong 3.3 mi Public K-5 1
      Lister 3.4 mi Public PRESCHOOL-5 1
      Lakeview Hope Academy 3.4 mi Public K-5 1
      Drum Intermediate School 3.4 mi Public 5-7 5
      Bryant 3.4 mi Public PRESCHOOL-8 2
      Narrows View Intermediate School 3.4 mi Public 5-7 5
      Jason Lee 3.5 mi Public 6-8 1
      Hudtloff Middle School 3.5 mi Public 6-8 2
      Harvard Elementary School 3.5 mi Public K-5 1
      Tacoma Career And Technical Education 3.6 mi Public 7-12 0
      James Sales Elementary School 3.7 mi Public K-5 3
      Alfaretta Transition Program 3.7 mi Public 5-12 0
      Custer Elementary School 3.8 mi Public PRESCHOOL-5 1
      Waller Road Elementary School 3.8 mi Public K-6 2
      Oakbrook Elementary School 3.9 mi Public PRESCHOOL-5 2
      Curtis Senior High School 3.9 mi Public 10-12 5
      Jefferson 4.0 mi Public K-5 4
      Grant 4.0 mi Public PRESCHOOL-5 3
      Chambers Elementary School 4.1 mi Public K-4 4
      Curtis Junior High School 4.1 mi Public 8-9 5
      Clover Park High School 4.1 mi Public 9-12 1
      Wilson 4.1 mi Public 9-12 1
      Stadium 4.2 mi Public 9-12 4
      Morris Ford Middle School 4.2 mi Public 6-8 2
      University Place Primary School 4.2 mi Public K-4 4
      Lowell 4.3 mi Public K-5 5
      Washington High School 4.3 mi Public 9-12 1
      Geiger Montessori School 4.5 mi Public PRESCHOOL-5 3
      Sunset Primary School 4.5 mi Public PRESCHOOL-4 4
      Franklin Pierce Early Learning Center 4.5 mi Public PRESCHOOL-PRESCHOOL 0
      Franklin-pierce High School 4.6 mi Public 9-12 3
      Midland Elementary School 4.6 mi Public K-5 2
      Hoyt Early Learning Center 4.6 mi Public PRESCHOOL-PRESCHOOL 0
      Downing 4.7 mi Public PRESCHOOL-5 3
      Mason 4.7 mi Public 6-8 4
      Idlewild Elementary School 4.8 mi Public K-5 3
      Gates Secondary School 4.9 mi Public 10-12 1
      Skyline 5.1 mi Public PRESCHOOL-5 4
      Sherman 5.5 mi Public K-5 4
      Truman 5.5 mi Public 6-8 1
      Columbia Junior High School 5.6 mi Public 8-9 1
      Lakes High School 5.7 mi Public 9-12 2
      Lake Louise Elementary School 5.7 mi Public K-5 2
      Carter Lake Elementary School 5.8 mi Public PRESCHOOL-5 2
      Mann Middle School 5.9 mi Public 6-8 2
      Fife High School 6.0 mi Public 10-12 3
      Point Defiance 6.1 mi Public K-5 4
      Collins Elementary School 6.7 mi Public K-5 2
      Central Avenue Elementary School 6.7 mi Public K-5 2
      Spanaway Junior High School 6.7 mi Public 6-8 1
      Chester H Thompson Elementary School 6.8 mi Public K-5 3
      Tillicum Elementary School 6.8 mi Public K-5 1
      Northeast Tacoma 7.0 mi Public PRESCHOOL-5 2
      Crescent Heights 7.0 mi Public K-5 3
      Browns Point 7.0 mi Public K-5 4
      Meeker 7.1 mi Public 6-8 3
      Science And Math Institute 7.2 mi Public 9-12 5
      Naches Trail Elementary School 7.2 mi Public K-5 4
      Beachwood Elementary School 8.0 mi Public K-4 4
      Evergreen Elementary School 8.0 mi Public PRESCHOOL-5 1
      Clover Creek Elementary School 8.2 mi Public K-5 3
      Hillside Elementary School 8.4 mi Public K-5 2
      Rainier Elementary School 10.6 mi Public K-5 4
      Meriwether Elementary School 90.9 mi Public PRESCHOOL-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Tacoma, WA
        Data powered by Attom Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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