$425,000
0 Xx Chain Lake Rd
Chain Lake, WA
Land3.91 acres
View photos & details
Brokers — List your Company Here
Featured local agent — Chain Lake, WA
Example placement
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
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Chain Lake, WA Housing Market
Seller's market-19.3% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $920,000, -19.3% year over year (through May 2026). With 1.3 months of supply and homes going under contract in about 41 days, Chain Lake is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $920,000 home is about $4,911/mo in principal and interest.
Key numbers for Chain Lake, WA
Median sale price
$920,000
-19.3% year over year
Redfin, through May 2026
Days on market
41
Average pace
Redfin, through May 2026
Active listings
8
1.3 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$148,932
Home costs 6.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.7%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Chain Lake a buyer's or seller's market?
Seller's market1.3 months of supply41 days on market99.7% of asking
Chain Lake, WA is a seller's market, based on 1.3 months of supply and homes selling in about 41 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Chain Lake housing market data show?
Every row below is Redfin's final published month for Chain Lake, WA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $920,000 |
| Median list price | $1.07M |
| Year-over-year price change | -19.3% |
| Median price per sq ft | $422/sq ft |
| Median days on market | 41 days |
| Active inventory | 8 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 99.7% |
| Homes sold (that month) | 6 |
| New listings (that month) | 7 |
| Listings with a price cut | 62.5% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Chain Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Chain Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Chain Lake home prices moved?
Over the last three years the median sale price in Chain Lake, WA rose 32.4%, from $695,000 to $920,000. 62.5% of Chain Lake listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.3 months while the sale-to-list ratio slips below its current 99.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Chain Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Chain Lake?
Priced off the median sale price of $920,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $184,000 | $736,000 | $4,911/mo |
| 5% | $46,000 | $874,000 | $5,832/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,911, that implies roughly $210,491 a year before you add taxes and insurance. The median household in Chain Lake earns $148,932, about $61,559 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Chain Lake in the next 12 months?
Tell us your timeline. We send the Chain Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Chain Lake?
Zillow does not publish a rent index (ZORI) for Chain Lake, WA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Chain Lake?
Active listings in Chain Lake, WA went from 15 in May 2025 to 8 in May 2026, a -46.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 14 | 6 |
| July 2025 | 13 | 6 |
| August 2025 | 13 | 8 |
| September 2025 | 10 | 6 |
| October 2025 | 11 | 8 |
| November 2025 | 7 | not published |
| December 2025 | 6 | 1 |
| January 2026 | 4 | 3 |
| February 2026 | 3 | 2 |
| March 2026 | 6 | 6 |
| April 2026 | 8 | 8 |
| May 2026 | 8 | 7 |
Redfin, through May 2026
How does Chain Lake compare to Washington and the U.S.?
Chain Lake homes sell for $920,000 — 41% above the Washington median of $651,800. Against the national median of $410,700, Chain Lake runs 124% higher. Year-over-year, Chain Lake moved -19.3% against Washington's -0.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Chain Lake, WA | $920,000 | -19.3% | 41 days |
| Washington statewide | $651,800 | -0.2% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Chain Lake
What buyers should watch
- Months of supply, currently 1.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 62.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $921 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $920,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Chain Lake listing goes under contract in 41 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Chain Lake added 7 new listings against 6 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Chain Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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.
$600,000
9402 171st Ave SE
Chain Lake, WA
3 bd2 ba1,144 sqft$524/ft²
House11,761 sqft lot
View photos & details
$884,000
20709 137th St SE
Chain Lake, WA
3 bd3 ba2,409 sqft$367/ft²
House4,356 sqft lot
View photos & details
$959,000
12823 200th Ave SE
Chain Lake, WA
4 bd3 ba2,576 sqft$372/ft²
House25,700 sqft lot
View photos & details
$1,040,000
20620 137th St SE
Chain Lake, WA
4 bd3 ba2,875 sqft$362/ft²
House5,663 sqft lot
View photos & details
$1,049,950
9806 Trombley Rd
Chain Lake, WA
4 bd3 ba3,884 sqft$270/ft²
House2.33 acres
View photos & details
$1,275,000
11404 211th Ave SE
Chain Lake, WA
4 bd3 ba3,121 sqft$409/ft²
House28,314 sqft lot
View photos & details
$1,299,000
10711 208th Ave SE
Chain Lake, WA
4 bd3 ba3,591 sqft$362/ft²
House40,946 sqft lot
View photos & details
$2,750,000
15312 76th St SE
Chain Lake, WA
4 bd6 ba4,753 sqft$579/ft²
House5.03 acres
View photos & details
Looking to buy in Chain Lake?
Get connected with a local real estate expert — free, no obligation.
Active listings
8
Homes on market
Median list price
$1.1M
Avg. days on market
41
Days until sale
New this week
7
Newly listed
Price drops:62.5%of listings
Sale-to-list:99.7%
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. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $920,000 | $422/sq ft | 6 | 41 days |
Who lives in Chain Lake?
American Community Survey estimates for Chain Lake. U.S. Census ACS, 2023
Population
4,989
Households
1,763
Median income
$148,932/yr
Median age
44.2 years
Owner-occupied
88.4%
Median home value
$830,200
Median gross rent
$1,728/mo
Mean commute
37.2 min
88.4% of occupied homes in Chain Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Chain Lake, WA?
Ordered by distance from Chain Lake, not by size. Compare Chain Lake side by side with any of them.
Chain Lake housing market FAQ
Is Chain Lake a buyer's or seller's market?
Chain Lake, WA is currently a seller's market. That read comes from 1.3 months of supply, homes going under contract in about 41 days, and sellers getting 99.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Chain Lake?
The median sale price in the last month Redfin published was $920,000, about $422 per square foot.
Is Chain Lake cheaper than the rest of Washington?
Chain Lake's median sale price of $920,000 is 41% higher than the Washington statewide median of $651,800, and 124% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Chain Lake?
Homes in Chain Lake, WA spent a median of 41 days on market before going under contract, versus 19 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Chain Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $920,000 home is about $4,911 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $210,491 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $148,932.
Are home prices rising in Chain Lake?
Redfin's last published year-over-year change for Chain Lake, WA was -19.3%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Chain Lake?
Chain Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Chain Lake?
That depends on your timeline, not on a headline. What the data says today: Chain Lake, WA is a seller's market with 1.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Chain Lake, WA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Chain Lake
Nearby markets
Get the Chain Lake market brief
Get the Chain Lake, WA market brief
One email: what homes are actually clearing at around $920,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.