If you've been watching the housing market in the greater Seattle area, you've likely heard more and more people mention Tacoma as a great place to live. As a Seattle-based Realtor with two new listings in Tacoma, I’ve had clients ask me, “Is Tacoma a good place to buy a home right now?”
The short answer? Yes, if you know what to look for.
Let’s break it down.
1. Affordability Compared to Seattle
One of the biggest draws to Tacoma is its relative affordability. While prices have risen in recent years, the cost of buying a home in Tacoma is still significantly lower than in Seattle. For buyers who are priced out of the Seattle market, or simply want more space for their dollar. Tacoma offers a compelling alternative.
For example, the median home price in Seattle hovers around $850K+, whereas in Tacoma, it's closer to $475K–$550K depending on the neighborhood. That’s a big difference, especially for first-time buyers or families looking to upsize.
2. Strong Community Vibes + Urban Conveniences
Tacoma has its own identity, one that blends historic charm with a growing cultural scene. You’ll find beautiful Craftsman-style homes, walkable neighborhoods, museums, a thriving food scene, and access to waterfront living along Ruston Way. For those who want amenities without the hustle of Seattle, Tacoma hits a sweet spot.
Some favorite neighborhoods my buyers are loving:
Proctor District Small-town feel with farmers markets and cute local shops
North End Tree-lined streets, charming architecture, close to Point Defiance Park
South Tacoma Up-and-coming with investment potential and great commuter access
3. Rental & Investment Potential
With more people moving south for affordability, Tacoma has seen steady growth in rental demand. Investors are taking note, and so are savvy homebuyers looking to “house hack” with ADUs or rental units.
If you're considering buying a duplex or a single-family home with a basement you can rent out, Tacoma’s zoning laws are worth a closer look.
4. Commuting to Seattle or JBLM
For commuters, Tacoma is becoming more viable thanks to Sounder train access and expanded express bus routes. Yes, traffic can be a challenge—but for remote or hybrid workers, the tradeoff in price and lifestyle is often worth it. Also, if you're military or work near Joint Base Lewis-McChord, Tacoma is an ideal central hub.
5. Future Growth
Tacoma is undergoing transformation. From the revitalized downtown area to the $1B+ in new development projects, it’s a city investing in its own future. That bodes well for long-term property value.
So, is Tacoma a good place to buy a home right now? If you’re looking for affordability, character, and potential, Tacoma should definitely be on your radar. Whether you're a first-time buyer, growing your family, or expanding your investment portfolio, there are real opportunities here, but it's important to work with someone who knows the nuances of each neighborhood.
If you’re curious about Tacoma or want a sneak peek at my upcoming listings, feel free to reach out. I’d be happy to give you a local’s perspective.
