How much does it cost to buy a house in Tacoma in 2021?
The 2021 real estate market in Tacoma has been the hottest housing market in the country for the last few years. 257 houses sold in the city of Tacoma in January of 2021, and the median sales price was $421,876. The least expensive home sold for $190,000 and the most expensive home sold was $1,325,000.
We created this post to break down the most recent median home price information for each neighborhood (and micro-neighborhoods) in Tacoma. Once you know how much you can comfortably spend you can use this list to find which neighborhood you like best:
Neighborhoods in Tacoma’s South End:
Lincoln District median home price about $335,000
The Lincoln District is located in Tacoma’s South End. Lincoln is south of Downtown Tacoma and East of I-5. The Lincoln District is a great location for commuters due to its proximity to freeways and Downtown Tacoma. It’s also great for historic home lovers of all eras, but especially those who love craftsman homes.
Fern Hill median home price is about $325,000
Fern Hill is located in the South End of Tacoma between Pacific Avenue and I-5, before you get to Parkland. Fern Hill is affordable, convenient for commuters (located close to I-5 and 5-12), and totally charming.
Parkland median home price is about $335,000
Parkland is most famous for being the home of Pacific Lutheran University. Located just off highway 5-12 where the southernmost city limits of Tacoma meet Spanaway between Puyallup and Lakewood. Parkland is incredibly convenient for commuters with most homes being within less than 10 minutes drive to highway 5-12.
Eastside median home price is $335,000
East Tacoma is locate across I-5 from Downtown Tacoma to the Southeast. East Tacoma is one of Tacoma’s most affordable neighborhoods. East Tacoma is one of the most convenient neighborhoods in Tacoma for commuters due to its proximity to I-5 and 5-12. East Tacoma has many historic homes.
Neighborhoods in Central Tacoma:
Downtown Tacoma median home price is $316,500
People living in Downtown Tacoma neighborhoods tend to feel a strong sense of ownership which has lead to an almost village like vibe amongst the people who have settled there. Getting to know people is not hard, and there are few barriers to participating in civic and community life.
Hilltop median home price is $337,000
Teeming with historic homes, Hilltop is a great place to find a historic Tacoma home. Located just above Downtown adjacent to Hillside/McCarver, Hilltop has a great location for getting around the city and has easy freeway access, too. Hilltop has a vibe and rich history all on its own. In recent years Hilltop has quickly become the place to be.
Hillside / McCarver area median home price is $318,000
Is it Downtown Tacoma? Is it Hilltop? Really it’s both, and some would argue that it’s not a neighborhood of it’s own. We’d really classify it as a micro neighborhood since it’s distinctive from the Downtown and Hilltop- the two neighborhoods it’s straddles on the hill between UWT and Hilltop . If you drive down South Yakima and look around at about 21st, you’ll see what we mean.
6th Ave neighborhood median home price is $425,000
Tacoma’s 6th Avenue Neighborhood is the quintessential neighborhood for people who want to live in a community of affordable homes that are located in a vibrant, thriving, walkable community. Located in Central Tacoma, between Proctor/UPS, West Slope, and Hilltop, 6th Ave has the highest concentration of restaurants, coffee shops, bars, and shopping in the city.
St Helens / Theater District median home price is $369,950
Marguerite’s FAVORITE! Long marketed as the “Theater District” by developers and the city, it’s more recognized by locals as “St Helens” or even “the Triangle District” by some. Whatever you decide to call it, it’s the beating heart of Downtown. This community has turned out to be one of it’s most thriving and connected communities. Located in the area of Downtown Tacoma that is south of Division, North of 9th Street, and South of Tacoma Ave just kind of has it’s own feel. There is a good mix of renters and owners, and a lot of new locally owned Tacoma businesses. It’s easy walking distance to the Stadium Thriftway for groceries, and located within 5 minutes of two different freeway on-ramps for commuters.
Wedge District median home price is $605,000
The Wedge District is located between Division, 6th Ave, and South 4th St. It’s a tiny district of large historic homes and just a few streets.
Fircrest median home price is $450,000
Ok so technically Fircrest is its own city but it’s surrounded by central, north, and south Tacoma so we are just gonna throw it into the Central Tacoma list.
Neighborhoods in North Tacoma:
West End median home price: $422,498
Located between Orchard and the West Slope, the West End has newer homes than many other neighborhoods in Tacoma, with homes built in the 60’s, 70’s, 80s, and even some newer homes.
Point Defiance median home price $471,528
The Point Defiance Neighborhood is located in the area around Point Defiance Park.
North Slope Historic District median home price $525,000
North Slope Historic District is home to some of Tacoma’s most beautiful and historic homes. Nearly 80 percent of the homes were built prior to 1930. When the city made zoning changes in the 1950’s that allowed for some of the older homes to be torn down and replaced with apartment complex the residents worked together to create one of the largest historic districts in the country.
Ruston median home price $530,000
Again, the city of Ruston is very technically not in North Tacoma because it is its own city- but functionally we think it belongs on this list!
Browns Point median home price $540,000
Northeast Tacoma (also known as Browns Point) is located across Commencement Bay from Downtown Tacoma. Depending on where you’re driving from, commuting to Tacoma will take about 15-20 minutes. If you’re commuting to Seattle, Browns Point is as far north as you can live and still be in Tacoma.
Three Bridges median home price is $700,000
Three Bridges is a tiny neighborhood in North Tacoma at the nexus of Proctor, Old Town, Stadium, UPS Neighborhood, and North Slope. Located in the area around North 21st between North 12th Street and North Alder, and so named for the bridges that span the deep ravines (teeming with deer!) that run through the neighborhood.
UPS neighborhood median home price is $544,975
Years ago Puget Sound University changed their name from University of Puget Sound, but that doesn’t stop Tacomans from calling the neighborhood around the private liberal arts college “UPS.” The UPS Neighborhood is known for tree lined streets, craftsman homes, and lovely parks.
West Slope median home price is $525,000
The West Slope of Tacoma lives up to its name. Entire neighborhoods were developed along the hillsides facing Gig Harbor, Fox Island, and the Olympic Mountains.
Proctor median home price is $619,500
Proctor is a picturesque neighborhood in North Tacoma. Proctor has tree lined streets, cute shops, restaurants, and beautiful historic homes. Some homes in Proctor have views of the Puget Sound and Mt. Rainier.
Old Town median home price is $655,000
Old Town has some of Tacoma’s best view homes. The Old Town neighborhood is on a steep hill. Old Town Tacoma homes have views of Commencement Bay, Mt. Rainier, Browns Point, and Vashon Island.
Stadium District median home price is $805,000
Stadium is a perfect mix of everything that makes Tacoma wonderful. From the iconic Stadium High School to the beautiful old historic homes that surround it- Stadium has it all. Parks, great local restaurants and coffee shops, some of the most beautiful homes and tree-lined streets in the city, and a bustling business district.
South Tacoma median home price $325,000
South Tacoma is the area West of I-5, South of Highway 16, East of University Place, and North of Lakewood. Home to South Tacoma Way, the Tacoma Mall, and neighborhoods of homes from the historic to the brand new.
Want to learn more about how to buy a house in Tacoma?
How to Buy a House in Tacoma in 2021 – A video and blog post about how to buy a house in Tacoma’s frenzied seller’s market.
How to Choose the Best Neighborhood in Tacoma for You – A guide to Tacoma’s neighborhoods
The Most Affordable Neighborhoods in Tacoma in 2021 – We ran the numbers on Tacoma’s neighborhoods
Most Affordable Neighborhoods in Pierce County in 2021 – The most affordable cities and neighborhoods across Pierce County
Marguerite Martin is a different kind of Tacoma real estate agent. Check out the Tacoma Neighborhood Guide to find answers to questions you have about neighborhoods in Tacoma and Pierce County. When the time is right to start looking, Marguerite can connect you with a local real estate agent who specializes in the neighborhoods you love most. Click here to contact Marguerite.