Tacoma, WA 98407 Real Estate & Property Data

Tacoma, WA 98407 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 341 residential properties have been sold over the past 12 months in 98407. With a median sales price of $662,500 in 98407 and a total of 1 foreclosures in Tacoma, WA 98407. Discover market trends and get the granular level real estate data for Tacoma, WA 98407 to keep your pulse on the housing market. Curate compelling home reports for Tacoma, WA 98407 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Tacoma, WA 98407 Real Estate Market Trends
Total Residential Properties 8,121
Total Commercial Properties 434
Avg. Home Age (Single Family Home) 74 Years
Avg. Square Feet (Single Family Home) 1,573
Total 2025 Residential Sales (year-to-date) 47
% of Homes Seriously Underwater (Q2 2025) 1.21%
Total 2024 Residential Sales 318
% of Equity Rich Homes (Q2 2025) 47.11%
Effective 2024 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 2
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Tacoma, WA 98407 Real Estate Overview

There were 341 residential properties sold in the past year in Tacoma, WA 98407. The median home value in Tacoma, WA 98407 is $614,500. There are a total of 8,121 residential properties in the 98407.

Median Sales Price i
$662,500
(Feb 2025)
+7%
year-over-year
y-o-y
  • February '25 Feb '25 $662,500
  • January '25 Jan '25 $647,500
  • December '24 Dec '24 $647,500
  • November '24 Nov '24 $605,175
  • October '24 Oct '24 $639,225
  • September '24 Sep '24 $586,250
  • August '24 Aug '24 $586,500
  • July '24 Jul '24 $589,000
  • June '24 Jun '24 $639,475
  • May '24 May '24 $595,000
  • April '24 Apr '24 $652,660
  • March '24 Mar '24 $573,430
Median Down Payment i
$135,000
(Feb 2025)
+17.4%
year-over-year
y-o-y
  • February '25 Feb '25 $135,000
  • January '25 Jan '25 $112,770
  • December '24 Dec '24 $99,000
  • November '24 Nov '24 $122,563
  • October '24 Oct '24 $141,500
  • September '24 Sep '24 $137,400
  • August '24 Aug '24 $116,000
  • July '24 Jul '24 $102,750
  • June '24 Jun '24 $110,000
  • May '24 May '24 $139,875
  • April '24 Apr '24 $102,910
  • March '24 Mar '24 $150,000
Number of Homes Sold i
23
(Feb 2025)
+43.8%
year-over-year
y-o-y
  • February '25 Feb '25 23
  • January '25 Jan '25 24
  • December '24 Dec '24 16
  • November '24 Nov '24 24
  • October '24 Oct '24 37
  • September '24 Sep '24 25
  • August '24 Aug '24 31
  • July '24 Jul '24 31
  • June '24 Jun '24 37
  • May '24 May '24 18
  • April '24 Apr '24 35
  • March '24 Mar '24 24
Number of Purchase Loans i
20
(Feb 2025)
+42.9%
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 17
  • December '24 Dec '24 19
  • November '24 Nov '24 16
  • October '24 Oct '24 29
  • September '24 Sep '24 20
  • August '24 Aug '24 23
  • July '24 Jul '24 30
  • June '24 Jun '24 27
  • May '24 May '24 11
  • April '24 Apr '24 31
  • March '24 Mar '24 13
Number of REFI Loans i
8
(Feb 2025)
-46.7%
year-over-year
y-o-y
  • February '25 Feb '25 8
  • January '25 Jan '25 29
  • December '24 Dec '24 7
  • November '24 Nov '24 8
  • October '24 Oct '24 23
  • September '24 Sep '24 83
  • August '24 Aug '24 13
  • July '24 Jul '24 13
  • June '24 Jun '24 8
  • May '24 May '24 11
  • April '24 Apr '24 13
  • March '24 Mar '24 13
Number of HELOC Loans i
13
(Feb 2025)
-27.8%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 16
  • December '24 Dec '24 12
  • November '24 Nov '24 10
  • October '24 Oct '24 20
  • September '24 Sep '24 11
  • August '24 Aug '24 19
  • July '24 Jul '24 11
  • June '24 Jun '24 12
  • May '24 May '24 16
  • April '24 Apr '24 12
  • March '24 Mar '24 14

Tacoma, WA 98407 Foreclosure Activity

There were a total of 1 Tacoma, WA 98407 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Tacoma, WA 98407 properties and repossessed 1 Tacoma, WA 98407 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
  • July '24 Jul '24 14
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 3
Foreclosure Starts i
1
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
  • July '24 Jul '24 14
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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