After years of uncertainty, the housing market across South Puget Sound may be ready to accelerate once more.
After a few years where the housing market seemed to be idling, 2026 is shaping up to be the year things get moving again. Real estate experts are predicting that more homeowners and buyers will be ready to make a move — and that could open exciting opportunities for you in Tacoma, Puyallup, Auburn, Sumner, SeaTac, Des Moines, Burien, Normandy Park, Lake Tapps, and Bonney Lake.
More Homes on the Market
Many potential movers have been holding off due to affordability challenges. But that “pause” can only last so long — life changes, family needs, and job relocations keep housing demand steady. Industry forecasts show that more people are expected to buy and sell homes in 2026, marking a much-needed shift in market momentum.
Mortgage Rates May Keep Easing
Buyers have been watching one number closely: mortgage rates. After peaking near 7% earlier this year, rates have gradually started to ease. Experts predict they’ll continue to dip through 2026 — though progress will likely be slow and steady rather than dramatic.
Remember, even a modest decrease can have a big impact on monthly payments. If you compare today’s rates to earlier highs, the difference could mean hundreds of dollars in monthly savings — a meaningful shift in affordability that could help buyers re-enter the market in communities like Puyallup, Auburn, and Bonney Lake.
Home Prices Expected To Rise Slowly
National forecasts also indicate that home prices will keep rising, but at a more moderate pace. Lower rates tend to bring more buyers back, which can keep light upward pressure on prices. Still, experts agree the days of rapid price surges are behind us.
Locally, price trends will vary — Tacoma and Burien might see different appreciation levels compared to Lake Tapps or Sumner — but the overall expectation is for steady, sustainable growth. That stability makes it easier for both buyers and sellers to plan their next steps confidently.
The Bottom Line
As 2026 approaches, all signs point toward a more balanced and active real estate market. Whether you’re planning to buy, sell, or simply explore your options around the South Puget Sound, it could be the perfect time to start planning your move.
👉 Learn more about current trends, listings, and personalized guidance by visiting Your Real Estate Story — your trusted resource for navigating the market with confidence.
