The story of this market
The typical home in ZIP 98465 sells for about $535,000, or $331 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 9 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,543 a month.
ZIP 98465 — Tacoma
The 98465 housing market remains competitive with low inventory levels, driving a stable price environment. While sales volume is moderate, the limited supply of homes continues to support a seller's market dynamic in the West End of Tacoma.
This ZIP is well-suited for family buyers and commuters seeking established neighborhoods with proximity to waterfront amenities and relatively easy access to the Tacoma employment core.
Median prices moved up 0.2% year over year.
Homes spend a median of 9 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 5.6% · poverty 11.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98465, Pierce County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the area are part of the Tacoma Public Schools district, which maintains a variety of neighborhood and magnet programs.
The area is subject to standard Pacific Northwest seismic risks and localized storm-related wind events.
Economic momentum is tied to the broader Tacoma and South Puget Sound region, with proximity to Joint Base Lewis-McChord and regional logistics hubs.
Property taxes are assessed by Pierce County based on local millage rates, which include levies for schools, city services, and special utility districts.
Residents typically commute via State Route 16 toward downtown Tacoma or toward the I-5 corridor for access to Seattle and regional employment centers.
The area features proximity to Titlow Park and the Puget Sound waterfront, offering trails, beach access, and views of the Narrows Bridge.
The rental market is characterized by steady demand for single-family homes, with limited vacancy pressure and rents reflecting the broader West End Tacoma market.
The local economy is anchored by the Port of Tacoma, Joint Base Lewis-McChord, and a growing healthcare and education sector in the Tacoma metro area.
The area is served by Pierce Transit bus routes and provides direct access to State Route 16 for regional connectivity.
Development is primarily focused on infill residential projects and the revitalization of existing neighborhood commercial corridors.
The Pierce County Assessor-Treasurer manages property valuations and tax collections for all parcels within the county.
Parcels are subject to Tacoma Public Schools levies and various regional utility and fire district assessments.
Property insurance premiums are influenced by regional wildfire and wind exposure, with standard coverage widely available.
Washington is a non-judicial foreclosure state, with specific notice and mediation requirements for residential properties.
Washington law requires sellers to provide a comprehensive real property transfer disclosure statement to buyers.
Data retrieved from US Census Bureau ZCTA profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Wild Waves Theme and Water Park3.910.5 mi
- Sky Zone Trampoline Park4.119.3 mi
- Round1 Bowling & Arcade419.6 mi
- Round1 Bowling & Arcade - Puyallup3.812.7 mi
- Dave & Buster's3.914.1 mi
- Washington State Fair Event Center4.312.1 mi
- Tacoma Dome4.15.1 mi
- Wild Waves Theme and Water Park3.910.5 mi
- accesso ShoWare Center4.516.8 mi
- White River Amphitheatre4.119.8 mi
- Washington State Fair Event Center4.312.1 mi
- Point Defiance Zoo & Aquarium4.54 mi
- Chambers Bay Golf Course4.73.7 mi
- Point Defiance Park4.74.1 mi
- Dash Point State Park4.57.6 mi
- Museum of Glass4.54.7 mi
- LeMay - America’s Car Museum4.75 mi
- Children's Museum of Tacoma4.64.6 mi
- Tacoma Art Museum4.64.6 mi
- Washington State History Museum4.64.6 mi
- Chambers Bay Golf Course4.73.7 mi
- Point Defiance Park4.74.1 mi
- Dash Point State Park4.57.6 mi
- Sprinker Recreation Center4.59.8 mi
- Point Ruston4.73.8 mi
- Boston Harbor Marina4.418.9 mi
- Tacoma Yacht Club4.74.2 mi
- Point Defiance Marina4.74.2 mi
- City of Des Moines Marina4.514.3 mi
- Foss Harbor Marina4.64.7 mi
- Chambers Bay Golf Course4.73.7 mi
- The Home Course4.611.6 mi
- Meadow Park Golf Course4.54 mi
- Eagle's Pride Golf Course & Simulator412.9 mi
- Allenmore Golf Course4.32.8 mi
- Tacoma Mall4.13.8 mi
- South Hill Mall4.112.8 mi
- WinCo Foods4.35.1 mi
- Metropolitan Market Tacoma4.62.6 mi
- WinCo Foods4.49.8 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.417.4 mi
- King County International Airport - Boeing Field4.522.7 mi
- Kenmore Air - Lake Union4.627.8 mi
- The Club SEA2.717.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major waterfront park featuring beach access, trails, and views of the Tacoma Narrows.
Provides boating access and waterfront dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.