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Featured local agent — Chain Lake, WA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chain Lake, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chain Lake, WA(512) 555-0184TX License #0512847

Visit website →sarahmitchellhomes.com

5.0 · 47 reviews

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Chain Lake, WA Housing Market & Real Estate

Seller's market-19.3% YoY

Housing market overview · Updated monthly · Data refreshed May 2026

$920,000median sale price

How is the Chain Lake, WA housing market right now?

The median home sale price in Chain Lake, WA is $920,000, down 19.3% year-over-year. Homes sell in an average of 41 days with 8 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Chain Lake a buyer's or seller's market?

Seller's market1.3 months of supply41 avg. days on market

Chain Lake, WA is currently a seller's market, based on 1.3 months of supply and homes selling in about 41 days. How we determine this →

Homes sold

Last 12 weeks

Days on market

Average pace

Active listings

1.3 months supply

Sale-to-list

99.7%

Below asking

What does the Chain Lake housing market data show?

Current housing market statistics for Chain Lake, WA
Metric	Value
Median sale price	$920,000
Median list price	$1.07M
Year-over-year price change	-19.3%
Average days on market	41 days
Active inventory	8 listings
Months of supply	1.3 months
Sale-to-list price ratio	99.7%
Median price per sq ft	$422/sq ft
Homes sold (latest month)	6
New listings (latest month)	7
Listings with a price cut	62.5%
Market condition	Seller's market

Source: Redfin · Updated monthly

How much do homes cost in Chain Lake by property type?

How the Chain Lake, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chain Lake, WA
Property type	Median price	Price / sq ft	Homes sold	Days on market
Single-family	$920,000	$422/sq ft	6	41 days

Source: Redfin · Updated monthly

The Chain Lake housing market is currently classified as a seller's market with a median sale price of $920,000. Prices have fallen 19.3% compared to last year, with homes spending an average of 41 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Chain Lake

There are currently 8 homes listed for sale in Chain Lake, Washington. The median listing price is $1.1M. Featured listings range from $425,000 to $2,750,000.

$425,000

Chain Lake, WA

4 bd6 ba4,753 sqft$579/ft²

House5.03 acres

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Looking to buy in Chain Lake?

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Active listings

Homes on market

Median list price

$1.1M

Avg. days on market

Days until sale

New this week

Newly listed

Price drops:62.5%of listings

Sale-to-list:99.7%

Who lives in Chain Lake?

Population

4,989

Median income

$148,932/yr

Median age

44.2 years

Owner-occupied

88.4%

College grads

42.5%

Avg commute

37.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Chain Lake?

Chain Lake is a community of approximately 5K residents with a median age of 44.2 years.The median household income is $148,932, which reflects a relatively affluent area with strong earning potential. 42.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 88.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chain Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Chain Lake, WA?

Want a head-to-head view? Compare Chain Lake side-by-side with any other U.S. city using our market-comparison tool.

Monroe North

Monroe

Three Lakes

Lake Roesiger

Bunk Foss

Cathcart

Cavalero

Machias

Frequently asked questions

What is the average home price in Chain Lake?

The median home sale price in Chain Lake is $920,000, down 19.3% from last year.

How long do homes stay on market in Chain Lake?

Homes typically spend 41 days on market before going under contract.

What is the median income in Chain Lake?

The median household income is $148,932 per year.

Is Chain Lake a buyer's or seller's market?

With 1.3 months of supply, Chain Lake is currently a seller's market.

How many homes are for sale in Chain Lake?

There are currently 8 homes listed for sale in Chain Lake, WA.

How much does a single-family home cost in Chain Lake?

The median single-family home price in Chain Lake, WA is $920,000 (about $422 per square foot).

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