No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
The Tacoma housing market has gone through some changes over the last few years. If you’re looking to buy a home in the Tacoma area in 2026, check out our update on the area’s real estate market to help you make a more informed purchasing decision.
As we head into early 2026, home prices in Tacoma are high relative to the nationwide average, though they’re slightly lower than the WA statewide average of $587,696. In fact, the housing market in Tacoma is healthy right now, with prices expected to rise modestly over the next year despite the slight dip over the past 12 months.
According to the real estate information company Zillow, the median home value for Tacoma, Washington, dipped to $478,988 as of January 2026, a YoY decrease of 1.1%.
Economists and analysts are predicting modest and steady home price gains into 2026, both in Tacoma and across the state of Washington.
That said, the inventory situation is another important factor for anyone planning to buy a home in Tacoma in 2026. We started the year with very low inventory levels within the housing market, and things are improving only very slowly.
According to experts, Tacoma and the surrounding Pierce County are still currently experiencing a shortage in housing inventory. Right now, there is on average a 2.3-month supply of homes available for sale.
According to housing experts, a balanced real estate market has somewhere around five to six months’ worth of supply. Given Tacoma’s current housing supply, it’s clearly still a seller’s market in terms of the inventory situation.
There are still plenty of buyers in the market, but not enough properties listed for sale to satisfy the demand. Home buyers who are planning to buy a house in Tacoma in 2026 should understand this supply-and-demand dynamic. It affects everything from your offer price to your negotiating abilities.
Seattle has some of the highest home prices in the state. According to the latest data from Zillow, the average home price in Seattle is $837,800 as of January 2026. But prices tend to drop off when you move into the surrounding areas, and that goes for Tacoma as well.
As mentioned above, the median home value in Tacoma is $478,988 as of January 2026. That’s a significant difference from the median for Seattle. This is good news for those who are planning to buy a house in Tacoma, Washington, during early 2026.
Housing is more affordable in Tacoma while allowing homeowners to still be within a decent commute to the largest city in the state of Washington for employment purposes.
Pro Tip: Use our mortgage calculator to estimate the cost of your loan.
As we’ve explained in previous blog posts, the official loan limits for Tacoma and the broader Seattle metro area have been increased for 2026. This change applies to FHA loans and conventional home loans (VA loan limits have been eliminated).
At the end of 2025, federal housing officials announced that they would increase loan limits for all of these programs due to significant home-price gains that occurred during the year. Most counties across the nation are now seeing higher limits this year compared to last.
In Tacoma, the 2026 conforming loan limit for a single-family property went up to $1,063,750. That’s the same for FHA loan limits in Pierce County.
This is good news for anyone planning to buy a home in Tacoma in 2026. These changes will give buyers a higher financing range without having to cross over into jumbo loan territory. (Borrowers with sufficient income and good credit can still borrow more than these limits, with a jumbo mortgage.)
The nation as a whole is experiencing a real estate supply crunch right now. Across the country, the average supply level was around 3.5 months as of January 2026. The supply of homes has slowly risen across the country as mortgage rates jumped, making home buying less affordable. But with rates on their way down, hopefully we may see an improvement in inventory as more homeowners decide to list their homes for sale.
The current supply means the market still is not balanced, and there aren’t enough homes for sale to meet demand. So, it’s affecting homebuyers in a lot of markets nationwide; and therefore, things are not just particularly tight in Tacoma and other cities in the Seattle area. Moreover, these conditions are likely to persist.
As a result, you can expect the current supply-and-demand situation in real estate markets across the country to keep putting upward pressure on home prices for the foreseeable future.
Disclaimer: This article contains projections and forecasts for the Tacoma housing market extending well into 2026. That information was gathered from third-party sources outside of our company and presented here as an educational service to our readers.
If you have any questions about mortgages in Tacoma, Sammamish Mortgage is here to help. We’re a local, family-owned company based out of Seattle & Bellevue, Washington since 1992. Not only do we serve the state of Washington, but also the broader Pacific Northwest regions: WA, OR, CO, ID, & CA. We’ve got plenty of mortgage programs for you to choose from, giving you many options. Get in touch with us with any mortgage-related questions you may have or to get pre-approved for a mortgage.
Whether you’re buying a home or ready to refinance, our professionals can help.
{hours_open} - {hours_closed} Pacific
No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
Adjust the parameters based on what you want to track