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Tacoma, WA real estate

Buying or selling a home, condo, or piece of land in Tacoma? Here is what the city's housing actually looks like, and how to reach Isaac Ortiz about it.

Tacoma housing snapshot

Population220,482
Median home value$454,600Owner-reported
Median household income$83,857
Detached houses61.6%Share of all housing units
Townhomes / attached3%
In buildings of 2+ units35%Condos and apartments alike
Manufactured homes0.5%
Owner-occupied56.5%
Median year built1967
Vacancy rate4.7%

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023). Tables B25077, B01003, B25003, B25024, B25035, B19013, B25002. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

What the numbers mean for a buyer or seller

The median owner-reported home value in Tacoma is $454,600.

That is 6% below the Pierce County median of $484,400. Median household income is $83,857, 13% below the county's $96,632.

Tacoma's housing is genuinely mixed - 61.6% detached houses, 35% in multi-unit buildings, and 3% attached single-family such as townhomes. Both house and attached-home stock exist here in real numbers.

56.5% of occupied homes are owner-occupied - a fairly even ownership-to-rental split.

Half of Tacoma's homes were built in 1967 or earlier, so a large share predates modern energy codes - worth leaving time in the inspection for the roof, the electrical, and the plumbing.

Tacoma is 220,482 people, with enough turnover that recent comparable sales are rarely the constraint. Vacancy sits at 4.7%.

Selling in Tacoma

Tacoma runs close to an even split - 56.5% of occupied homes are owner-occupied - so your buyer could as easily be a family moving in as someone buying to rent it out. Pricing and presentation have to work for both.

For pricing context, the midpoint of Tacoma homes is $454,600, and the area sits about 0 miles off the Seattle-Bellevue-Tacoma spine - usually the first thing a buyer's agent checks when they push back on a list price.

Half the homes here were built in 1967 or earlier, so buyers and their inspectors arrive expecting questions about the roof, the electrical and the sewer line. Knowing those answers before you list is usually worth more than fixing them mid-negotiation.

Isaac will tell you what your home is actually likely to bring in Tacoma and what, if anything, is worth doing first. If the honest answer is that this is not your year to sell, he will say that too.

Talk to Isaac Ortiz about Tacoma

Isaac Ortiz is a licensed real estate broker with Compass, working Pierce County and the surrounding Puget Sound area. Se habla español. Send a note and he will reply personally.

Email Isaac.Ortiz@nwret.com.

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