South End, Tacoma, WA—98408
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South End, Tacoma, WA
As of Oct '25, the median home price in South End, Tacoma, WA is $428,000, with a year-over-year change of -2.6%. This indicates that home prices in South End, Tacoma, WA are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | -2.6% |
| Single Family | $428,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $327,000 | -3.0% |
2 Bed | $380,000 | -1.6% |
3 Bed | $434,000 | -2.5% |
4 Bed | $476,000 | -2.1% |
| 5 Bed | $528,000 | -1.1% |
% of Housing Stock
Rental Trends — South End, Tacoma, WA
As of July '25, Rentcast reports the average rent in South End, Tacoma, WA is $1,760, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in South End, Tacoma, WA is studios: $1,060, 1-bedrooms: $1,400, 2-bedrooms: $1,720, 3-bedrooms: $2,310, 4-bedrooms: $2,880. The most common rental property sizes in South End, Tacoma, WA are 2-bedroom and 3-bedroom, accounting for 36.5% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,760 |
| Studio Rent | $1,100 | $1,060 |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,620 | $1,720 |
| 3 Bed Rent | $2,300 | $2,310 |
| 4 Bed Rent | $2,850 | $2,880 |
% of Rental Stock
Property Listings — South End, Tacoma, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in South End, Tacoma, WA is 35. This is a decrease of -25.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | -3.0% |
Listing Count | 74 | -6.0% |
| Listings as % of Homes | 0.6% | -6.0% |
Days on Market | 35 | -25.0% |
Demographics — South End, Tacoma, WA
As of the latest ACS Survey released in 2023, South End, Tacoma, WA has a population of 20,500, which has remained stable by -0.3% over the past 5 years. South End, Tacoma, WA is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | -0.3% |
% Under 18 | 20.0% | -7.0% |
% Seniors | 14.3% | 10.9% |
% WFH | 12.0% | 242.9% |
% w/ College Degree | 25.0% | 53.4% |
As of the latest ACS Survey released in 2023, South End, Tacoma, WA is a predominantly white area, with 53.3% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in South End, Tacoma, WA is hispanic, making up 12.9% of the population. Foreign-born residents account for 11.7% of the population in South End, Tacoma, WA, and this percentage has decreased by 7.9% 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 | 53.3% | -6.0% |
% Black | 11.2% | 41.8% |
% Hispanic | 12.9% | 21.7% |
% Asian | 8.3% | -16.2% |
% Foreign Born | 11.7% | -7.9% |
Mortgage and Risk — South End, Tacoma, WA
According to HUD data as of 2023, there were 586 mortgage originations in South End, Tacoma, WA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in South End, Tacoma, WA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 586 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — South End, Tacoma, WA
As of 2024, the percent of homes in South End, Tacoma, WA under the Section 8 program is 9.6%. 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. In South End, Tacoma, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 247 |
Total Units Section 8 | 247 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 82.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,400 | $1,540 |
| 2 Bedroom | $270 | $1,620 | $1,890 |
| 3 Bedroom | $350 | $2,300 | $2,650 |
| 4 Bedroom | $170 | $2,850 | $3,020 |
Affordability — South End, Tacoma, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $428,000 |
| Median Household Income | $78,900 |