98404 — Pierce County, Washington Market Snapshot
Housing market data for zip code 98404 in Pierce County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
102 sales in 2026 (year to date)
Median Sale Price
$447,450
Days to Sell
16
Homes Sold
102
Inventory
58
Sale-to-List
100.9%
New Listings
124
Price/SqFt
$324
Pending Sales
117
Conforming Loan Available
Most homebuyers in 98404 can comfortably use conventional financing. The median home price of $447,450 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 98404 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98404 (100.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98404 can comfortably use conventional financing. The median home price of $447,450 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98404 are set at the county level.
2026 Loan Limits — Pierce County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,063,750 | $1,063,750 |
| 2 Units | $1,361,800 | $1,361,800 |
| 3 Units | $1,646,100 | $1,646,100 |
| 4 Units | $2,045,700 | $2,045,700 |
Affordability Snapshot — Zip 98404
To purchase the median home at $447,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,578.
Monthly Payment
$3,578
Income Required
$153,352
Principal & Interest
$2,757/mo
Down Payment (5%)
$22,373
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98404.
Estimated Monthly Payment
$2,919
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