Stadium District, Tacoma, WA—98403
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stadium District, Tacoma, WA
As of Oct '25, the median home price in Stadium District, Tacoma, WA is $692,000, with a year-over-year change of 1.3%. This indicates that home prices in Stadium District, Tacoma, WA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $692,000 | 1.3% |
| Single Family | $777,000 | 1.6% |
| Condos | $387,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $501,000 | 0.6% |
3 Bed | $723,000 | 1.0% |
4 Bed | $932,000 | 2.3% |
| 5 Bed | $1,200,000 | 2.4% |
% of Housing Stock
Rental Trends — Stadium District, Tacoma, WA
As of July '25, Rentcast reports the average rent in Stadium District, Tacoma, WA is $1,740, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Stadium District, Tacoma, WA is studios: $1,340, 1-bedrooms: $1,490, 2-bedrooms: $1,840, 3-bedrooms: $2,800, 4-bedrooms: $3,430. The most common rental property sizes in Stadium District, Tacoma, WA are 1-bedroom and 2-bedroom, accounting for 50.2% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,740 |
| Studio Rent | $1,250 | $1,340 |
| 1 Bed Rent | $1,400 | $1,490 |
| 2 Bed Rent | $1,900 | $1,840 |
| 3 Bed Rent | $2,500 | $2,800 |
| 4 Bed Rent | $3,100 | $3,430 |
% of Rental Stock
Property Listings — Stadium District, Tacoma, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Stadium District, Tacoma, WA is 35. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $672,000 | -10.0% |
Listing Count | 34 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 35 | -23.0% |
Demographics — Stadium District, Tacoma, WA
As of the latest ACS Survey released in 2023, Stadium District, Tacoma, WA has a population of 8,590, which has increased by 5.4% over the past 5 years. Stadium District, Tacoma, WA is a less popular place for families, as children make up 13.7% of the population. The area has a highly educated workforce, with 64.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,590 | 5.4% |
% Under 18 | 13.7% | -21.7% |
% Seniors | 16.3% | 34.7% |
% WFH | 20.8% | 362.2% |
% w/ College Degree | 64.4% | 22.0% |
As of the latest ACS Survey released in 2023, Stadium District, Tacoma, WA is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Stadium District, Tacoma, WA is hispanic, making up 6.6% of the population. Foreign-born residents account for 4.9% of the population in Stadium District, Tacoma, WA, and this percentage has decreased by 2.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.5% | -8.6% |
% Black | 3.8% | 111.1% |
% Hispanic | 6.6% | 34.7% |
% Asian | 4.6% | 9.5% |
% Foreign Born | 4.9% | -2.0% |
Mortgage and Risk — Stadium District, Tacoma, WA
According to HUD data as of 2023, there were 91 mortgage originations in Stadium District, Tacoma, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Stadium District, Tacoma, WA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 91 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Stadium District, Tacoma, WA
As of 2024, the percent of homes in Stadium District, Tacoma, WA under the Section 8 program is 7.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Stadium District, Tacoma, WA, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 202 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,400 | $1,450 |
| 2 Bedroom | -$110 | $1,900 | $1,790 |
| 3 Bedroom | $20 | $2,500 | $2,520 |
| 4 Bedroom | -$180 | $3,100 | $2,920 |
Affordability — Stadium District, Tacoma, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $692,000 |
| Median Household Income | $86,200 |