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The Tacoma real estate market has been somewhat competitive over the recent past and is expected to continue this trend throughout 2026.
According to real estate markets, home prices in Tacoma, Washington are expected to continue rising at a modest pace into 2026. The price of an average home in the Tacoma area is currently $478,988 as of January 2026.
There are a lot of home buyers in the market, but a relatively limited number of properties available. Prices tend to rise under such conditions, and that’s exactly what they’ve been doing in Tacoma.
It’s also worth noting that this recent Tacoma real estate forecast, which extends into 2026, predicts a quick rate of growth in home value appreciation, though very modest. Current home prices as of January 2026 are at $478,988. Median home values in Tacoma had dipped by 1.1% year-over-year, though experts see slight gains during the subsequent 12-month period.
That’s still relatively affordable for the Seattle metropolitan area (Seattle’s median is currently north of $832,857). That’s why many buyers tend to look Tacoma’s way for a more affordable home while still benefitting from city-center amenities.
Related: Tacoma home buying guide
In 2026, Tacoma’s housing market is expected to shift toward more balanced conditions, with home prices rising modestly rather than experiencing dramatic gains or declines. After several years of rapid price acceleration and strong seller demand, recent data show that inventory levels have increased and sales activity has stabilized, easing upward pressure on prices.
As mortgage rates potentially easing slightly from recent peaks, buyer affordability should improve enough to support steady demand without overheating the market. Most analysts project Tacoma home prices will grow in the low single digits, with modest appreciation reflecting the broader regional trend seen in the greater Seattle-Tacoma area.
Pro Tip: Check our conforming loan limits and FHA loan limits pages for 2026 to ensure you borrow only what you can comfortably repay while avoiding unnecessary financial strain or over-borrowing.
Increased choice for buyers and a gradually rising supply of listings could mean less intense competition than in previous tight markets, giving buyers more negotiating room. However, desirable neighborhoods with limited inventory may still see somewhat stronger price performance.
Overall, Tacoma’s 2026 market is likely to be stable and balanced, offering opportunities for both buyers and sellers.
Disclaimer: This story contains forecasts and home-price predictions for Tacoma, Washington, extending into 2026. These statements and data were provided by third parties not associated with our company. We have presented them here as an educational service to our readers.
Do you plan to buy a home in Tacoma sometime soon? Do you need mortgage financing to complete your purchase? We can help. Sammamish Mortgage has been serving borrowers across the Pacific Northwest since 1992. This includes Washington State, Colorado, Idaho, Oregon, and California. We offer our clients many different mortgage programs with flexible qualification requirements to suit the needs of each borrower. Feel free to contact us today if you have questions about applying for a mortgage or to get pre-approved.
Whether you’re buying a home or ready to refinance, our professionals can help.
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