Why Live in Old Town
Old Town in Tacoma is a waterfront neighborhood defined by its views of Commencement Bay off Puget Sound. Many homes in this area offer water views, making the bay a significant part of daily life. The neighborhood, originally a lumber town, is built on a hill with narrow streets lined with craftsman-styled homes from the early 20th century, alongside more modern constructions. The area features larger lots where sawmill bosses once lived and smaller homes that belonged to workers. The Tacoma School District serves Old Town, with highly rated schools such as Lowell Elementary School and Stadium High School. Local parks include Wright Park, which offers sports courts, playgrounds, a picnic area, a trail, a pond, and a bowling club. Dining options are plentiful along the waterfront, with The Spar being a long-standing favorite. Residents often shop in nearby Proctor at Safeway, Metropolitan Market, or Stadium Thriftway. While driving is necessary for some errands, many locals prefer walking, biking, or roller skating. Community events like sailboat races, parades, and neighborhood gatherings are common, fostering a strong sense of community.
Home Trends in Old Town, WA
On average, homes in Old Town, Tacoma sell after 43 days on the market compared to the national average of 52 days. The median sale price for homes in Old Town, Tacoma over the last 12 months is $885,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$885,000
Median Single Family Sale Price
$899,500
Median 2 Bedroom Sale Price
$659,000
Average Price Per Sq Ft
$472
Number of Homes for Sale
5
Last 12 months Home Sales
28
Median List Price
$865,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
