Market snapshot

98406 (Tacoma) Investor Market Snapshot

What cash buyers have been doing here in the last 12 months.

Data last updated

In Tacoma (98406), investors own about 20 tracked properties across 11 active buyers, with a median investor purchase price near $400,000. 6 were acquired in the last 12 months.

11
Active Cash Buyers
20
Investor-Owned Properties
6
Acquisitions (12 mo)
$400,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)6
Acquisitions (last 24 mo)12
Share acquired in last 12 mo30.0%
Average purchase price$414,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments19
Gated contacts available18

Property Characteristics

Top property typeSingle Family Residential
Most common bed / bath3 bd / 1 ba
Median bedrooms3
Median baths1
Median building size (sqft)1,280
Average building size (sqft)1,359
Median year built1921
Average year built1929
Built before 1980100.0%

Investment Strategy Mix

Value-Add / Rehab100.0%
New Construction0.0%
Buy & Hold0.0%

Hottest ZIP codes for investors

98404 · 2998405 · 1298418 · 10
Market read

How 98406 actually trades

The dominant play is value-add / rehab, at 100.0% of tracked activity. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.

11 cash buyers are active in 98406, and between them they hold about 20 properties. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.

At 6 purchases this year against 6 last, pace is essentially unchanged, which makes this market easier to forecast than most.

Typical deal size in 98406 sits around $400,000. The average of $414,000 is close behind, so purchases cluster in a fairly tight band rather than splitting into price tiers.

The median investor-owned home was built around 1921. About 100.0% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.

All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.

Answers

Frequently asked questions

How many investors are active in Tacoma?
There are 11 active investors owning 20 tracked properties in Tacoma.
What is the median investor purchase price in Tacoma?
The median investor purchase price is about $400,000 in Tacoma.
How active is the Tacoma investor market recently?
6 properties were acquired by investors in the last 12 months in Tacoma.
Is there recent new-construction investor activity in Tacoma?
0 new-construction homes were acquired by investors in Tacoma in the last 90 days.

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