There are currently 94,900 real estate properties in Tacoma, WA, with a median automated valuation model (AVM) price of $439,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tacoma, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Tacoma, WA, is $480,404.00, with the most expensive house in Tacoma, WA, topping out at $32,175,600.00 and the cheapest home in Tacoma, WA, clocking in at $27,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Tacoma, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tacoma, WA, is on a rollercoaster ride. The average rent price in Tacoma, WA, is $1,631.00. Indeed, when looking to rent in Tacoma, WA, you can expect to pay as little as $610.00 or as much as $5,160.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Tacoma, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Tacoma, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Tacoma, WA and much more. Save thousands at closing with home foreclosure listings in Tacoma, WA — up to 75% off market value!
Tacoma is located in Pierce, Washington, with an estimated municipal population of 217,827 residents. All of the best foreclosed homes for sale in Tacoma are located in the following zip code areas on Foreclosure.com: 98422 98421 98402 98403 98404 98405 98408 98409 98406 98407 98465 98416 98418 98444 98401 98411 98412 98413 98415 98417 98419 98448 98471 98481 98490. The estimated population per square kilometer (.62 miles) in Tacoma is 1,690.
So, about how much do homes cost in Tacoma? The most recent median value of resident-owned homes in Tacoma is 277,902. An estimated 52 percent of households in Tacoma own their homes, with an average family size of 3.17. The median household income in Tacoma is 62,358, with27.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Tacoma, the median commute time of resident workers (in minutes) is 30.1. And last, but certainly not least, are you looking for homes to rent in Tacoma? If so, the average rent price paid by renters in Tacoma is 1,180, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Tacoma, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Tacoma is 35.7, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Tacoma is 41.8, with an average family size of 3.17.
The percentage of residents who report their race in Tacoma is as follows:
|Black / African American||10.5%|
|American Indian / Alaskan Native||1.6%|
|Native Hawaiian / Other Pacifc Islander||1.1%|
Looking for family-friendly neighborhoods in and/or near Tacoma? Or maybe you are searching for 55+ active adult communities in and/or near Tacoma?
The percentage of residents who report their age in Tacoma is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Tacoma with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Tacoma.
How do you know that living in -- or moving to -- Tacoma is right where you need to be? Perhaps you grew up in Tacoma or already live nearby; therefore, the decision to buy a home in Tacoma is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Tacoma for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Tacoma:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Tacoma.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Tacoma can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Tacoma, meanwhile, can field multiple offers from more qualified buyers.