The 98407 housing market is very competitive. Homes in 98407 receive 3 offers on average and sell in around 10.5 days. The median sale price of a home in 98407 was $711K last month, up 15.5% since last year. The median sale price per square foot in 98407 is $383, down 1.4% since last year.
In April 2024, 98407 home prices were up 15.5% compared to last year, selling for a median price of $711K. On average, homes in 98407 sell after 11 days on the market compared to 16 days last year. There were 66 homes sold in April this year, down from 69 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$711,250
+15.5% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
98407, WA
$711,250
+15.5%
United States
To compare other locations to the 98407 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Washington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 98407 housing market?
98407 is very competitive. Homes sell in 9 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 9 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
98407, WA
99.1%
-0.76 pt
United States
Home offer insights for 98407
Explore recent offers and recently sold homes in 98407
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$550K Offer
Sold for $550K
3bd | 1.75ba | ~1,250sqft
Over List Price
2%
Days on Market
1
Competing Offers
2
Down Payment
—
Moises Juarez
98407 Redfin Agent
Seller accepted an offer almost identical to our offer. However, the seller choose the other offer, because our offer was contingent on the buyers selling their current home. …
More
Offer Not Accepted|
7 Weeks Ago
~$500K Offer
Sold for $550K
3bd | 1.5ba | ~1,000sqft
Over List Price
0%
Days on Market
5
Competing Offers
3
Down Payment
~10%
Edward Ingram
98407 Redfin Agent
Offer Not Accepted|
12 Weeks Ago
~$700K Offer
Sold for $700K
4bd | 1.75ba | ~3,000sqft
Over List Price
0%
Days on Market
4
Competing Offers
5
Down Payment
—
Josh Swanson
98407 Redfin Agent
View houses in 98407 that sold recently
Recently sold homes
SOLD JUN 4, 2024
$480,000 Last Sold Price
3 beds
2 baths
1,134 sq ft
3122 N Villard St, Tacoma, WA 98407
Isaac Schaefer • Realty One Group Turn Key Mosaic Realty
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 98407 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98407.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98407 has a moderate risk of flooding. 425 properties in 98407 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 98407. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
98407 has a minor risk of wildfire. There are 435 properties in 98407 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 98407.