The story of this market
The typical home in ZIP 98397 sells for about $500,000, or $327 per square foot.
Prices are up +4.6% from a year ago, so sellers still have some momentum. Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,064 a month.
ZIP 98397
The Tacoma market is currently a seller's market characterized by limited inventory and rising prices. Figures provided reflect city-wide and county-wide data as specific ZCTA-level market metrics for 98397 are not published in current reports.
Median prices moved up 4.6% year over year.
Homes spend a median of 11 days on market with 2.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98397
Data sourced from Zips.us.com profile for Old Tacoma
- Mount Rainier National Park4.98.1 mi
- Myrtle Falls4.83.2 mi
- Reflection Lake4.72.9 mi
- Mount Fremont Lookout Trail4.912.4 mi
- Mt. Fremont Fire Lookout4.912.7 mi
- Mt. Fremont Fire Lookout4.912.7 mi
- Longmire Museum4.51.6 mi
- Christine Falls Bridge4.81.1 mi
- Tolmie Peak Fire Lookout4.913.8 mi
- Recycled Spirits of Iron Sculpture Park4.916.4 mi
- Mount Rainier National Park4.98.1 mi
- Myrtle Falls4.83.2 mi
- Reflection Lake4.72.9 mi
- Paradise Meadows & Skyline Trailhead4.92.9 mi
- Mount Fremont Lookout Trail4.912.4 mi
- www.packwoodfleamarket.com4.512.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.