98405, Tacoma, WA Housing Market

ZIP code 98405's median home value is $469K, up 3.4% over the past year. Homes here sell in a median 39 days. Its PropertyIQ Score of 30 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ provides ZIP-code-level market intelligence for 98405, Tacoma, WA — going deeper than metro or county averages to reveal neighborhood-specific demand dynamics. By tracking Zillow home-value momentum alongside Realtor.com market-flow signals — median days on market and the share of listings with price cuts — specifically within ZIP code 98405, PropertyIQ predicts which micro-markets within WA are positioned to outperform.

Pacific Coast ZIP codes feature extreme price variation from coastal enclaves to inland communities, often within the same city. PropertyIQ scores at the ZIP level reveal neighborhood-specific opportunities that are completely masked when analyzing broader metro or county areas. Within the Pacific, ZIP code 98405's PropertyIQ Score of 30 runs below the Pacific norm.

For 98405, Tacoma, WA, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

Use PropertyIQ's analytics tools to evaluate 98405, Tacoma, WA alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.