98404, Tacoma, WA

The 98404 zip code of Tacoma, WA has a median home value of $236,000. This is higher than the median home value in Washington at $223,500. The 98404 zip code also has a lower than average unemployment rate of 5.5%. This indicates that there are more jobs available in this area which could be contributing to the high home values. Additionally, the 98404 zip code has a lower than average crime rate which could be contributing to the high home values as well.

When looking at home equity and home prices in the 98404 zip code of Tacoma, WA it is important to consider both factors. Home equity is important because it represents how much money homeowners have left over after paying off their mortgages and other debts such as property taxes and insurance premiums. Home prices are important because they reflect how much money homeowners can sell their homes for if they wanted to move or sell them quickly.

Overall, it appears that homeowners in the 98404 zip code of Tacoma, WA are doing well when it comes to their home equity and home prices. This indicates that there may be potential buyers or sellers in this area who are interested in purchasing or selling homes soon.