OfferBackedBuyer Tools Run my numbers

Is Tacoma, WA 98408 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Tacoma is a seller’s market. With about 1.9 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score80/ 100

More competitive than 86% of U.S. ZIP codes, and #13 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.9Under 4 months = seller’s market
Sold above original list35.1%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$320▲ +4.6% vs. last year

Run the numbers for 98408

Prefilled for 98408Can I win this house?Multiple-offer likelihood for a listing Prefilled for 98408Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anderson Island 98303Buyer’s market $302 /sq ftAshford 98304Buyer’s market $496 /sq ftBonney Lake 98391Seller’s market $317 /sq ftBuckley 98321Seller’s market $296 /sq ft Browse all markets →

More tools for 98408

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology