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New Tacoma  

New Tacoma’s median real estate price is $670,831, which is more expensive than 69.9% of the neighborhoods in Washington and 85.1% of the U.S.

The average rental price in New Tacoma is $3,222, based on complete analysis. The average rental cost in this neighborhood is higher than 81.7% of Washington’s area.

New Tacoma is a suburban neighborhood (based on population density) located in Tacoma, Washington. This is a coastal neighborhood (i.e., it is on the ocean, a bay, or an inlet).

New Tacoma real estate comprises small (studio to two bedroom) to medium-sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. A mixture of owners and renters occupies most residential real estate. Many of the New Tacoma neighborhood residences are newer, built in 2000 or more recently. Several homes were also built between 1970 and 1999.

Home and apartment vacancy rates are 7.6% in New Tacoma. Analysis shows that this rate is lower than 53.4% of the neighborhoods in the nation, approximately near the middle range for vacancies. Alpha Electrician Tacoma

Real Estate

New Tacoma neighborhood is unique in that it has one of the highest proportions of one, two, or no-bedroom real estate of any area in America. Most communities have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is near-record heights. With 90.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other areas in the U.S. that share this characteristic.

Furthermore, one of the unique and exciting things about the look and setting of the New Tacoma neighborhood is that large apartment buildings, such as apartment complexes or high-rise apartments, almost entirely dominate it. 85.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.5% of all areas in America.

Also, homes built from 2000 through today make up a higher proportion of the New Tacoma neighborhood’s real estate landscape than 96.9% of the areas in America. When you are driving around this neighborhood, you’ll notice right away that it is one of the newest built of any, with the smell of fresh paint and the look of young landscaping nearly everywhere you look. 73.9% of the residential real estate here is classified as newer.

Finally, renter-occupied real estate is dominant in Tacoma, WA. According to exclusive analysis, the percentage of rental real estate here is 84.8%, which is higher than 95.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone.

Check out other neighborhoods like North End