Updated May 2026 · Redfin · 3-month window
98407 Real Estate Market Update: Tacoma, WA, May 2026
The latest housing-market numbers for ZIP code 98407 in Tacoma, Washington, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $674K | ▲ +3.7% | ▲ +2.7% |
| Days on market | 11 | ▼ -31.2% | ▲ +37.5% |
| Homes for sale | 71 | ▲ +34.0% | ▲ +42.0% |
| Sale-to-list | 100.3% | ▲ +0.1% | ▼ -0.1% |
| Homes sold | 84 | ▲ +7.7% | ▼ -4.5% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 98407 numbers say
Prices in Tacoma's 98407 ZIP are still climbing. The median sale price reached $673,750, up 2.7% year over year. Homes here move fast: a typical listing goes under contract in about 11 days, and sellers are getting 100.3% of list price.
Based on 84 recent sales, 98407 is currently an active market.
What this means if you sell in 98407
Use these figures to set expectations early. Lead a listing appointment with the median price and the 11-day pace, show the year-over-year direction, and frame 98407 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Tacoma post →Frequently asked: the 98407 housing market
- What is the median home price in ZIP 98407 (Tacoma, WA)?
- As of May 2026, the median sale price in ZIP 98407 is $673,750 (+2.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 98407 a buyer's or seller's market right now?
- ZIP 98407 is currently an active market, based on a 100.3% sale-to-list ratio, about 11 days on market for May 2026.
- How long do homes take to sell in ZIP 98407?
- A typical listing in 98407 goes under contract in about 11 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 98407 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.