Tacoma, WA Foreclosures
How much do homes sell for in Tacoma, WA?
The average home price is currently $591,174.
What’s the average rental cost in Tacoma, WA?
The average rental price in Tacoma is $1,646.
What is the most expensive home in Tacoma?
The most expensive home sold in Tacoma had a price of $99,145,656.
What is currently the cheapest priced home in Tacoma, WA?
The cheapest home for sale in Tacoma is priced at $10,865.
Living in Tacoma, WA
Tacoma, WA, is a flourishing city located in Pierce County, known for its cultural landmarks, stunning waterfront, and thriving educational institutions. It offers a diverse community with a variety of outdoor and recreational activities, making it an ideal spot for families and young professionals. Accessible public transportation and a robust arts scene contribute to Tacoma's appeal as a desirable place to live.
Current Market Conditions in Tacoma, WA
The Tacoma real estate market has seen a steady increase in demand over the past year, driven by a combination of factors including job growth, increasing population, and an influx of residents seeking more affordable housing compared to neighboring Seattle. As a result, home prices have risen, making it a competitive market for buyers.
In recent months, there has been a noticeable shift in the market dynamics. Inventory levels have slightly increased, providing buyers with more options, yet the demand remains strong. The city is seeing a blend of new developments and revitalization projects, contributing to a vibrant real estate landscape.
Home Value Estimator For Tacoma, WA
There are currently 102,203 real estate properties
in Tacoma, WA,
with a median automated valuation model (AVM) price
of $497,698.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tacoma, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Tacoma, WA,
is $591,174.00, with the most expensive house
in Tacoma, WA, topping out
at $99,145,656.00 and the cheapest home
in Tacoma, WA,
clocking in at $10,865.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tacoma, WA!
Rent Prices
In Tacoma, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tacoma, WA, is on
a rollercoaster ride. The
average rent price in Tacoma, WA,
is $1,646.00. Indeed, when looking to rent in
Tacoma, WA, you can expect to pay as little
as $640.00 or as much
as $5,780.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Tacoma, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
