Is Tacoma Land Co., WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tacoma Land Co. is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Tacoma Land Co. has remained a Seller's Market.

Key Takeaway

Tacoma Land Co. is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tacoma Land Co., WA

How much do homes in Tacoma Land Co., WA cost?

Median Sold Price

$419,950

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50(0%)

Key Takeaway

The sold price of homes in Tacoma Land Co. has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K-
N/A
2 $372.5K$369K
-0.9%
3 $435K$445K
+2.3%
4 $463K$435K
-6.0%
5+ $515K$476K
-7.6%

Summary: Tacoma Land Co. housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 7.6%.

Housing Supply in Tacoma Land Co., WA

How many homes are available in Tacoma Land Co., WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The Tacoma Land Co. real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1114
+27.3%
4 43
-25.0%
5+ 12
+100.0%

Summary: The Tacoma Land Co. housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tacoma Land Co., expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Tacoma Land Co. in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.

Days on Market for Tacoma Land Co., WA

How long does it take to sell a home in Tacoma Land Co., WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days25 Days+66.6%

Summary: Homes in Tacoma Land Co. had an average of 25 days on market in Nov 2024, up by 66.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tacoma Land Co. are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Tacoma Land Co.; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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