Brokers — List your Company Here
Featured local agent — Lake Forest Park, WA
Sarah Mitchell
Compass Real Estate · Lake Forest Park, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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.
Lake Forest Park, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$955,000median sale price
How is the Lake Forest Park, WA housing market right now?
The median home sale price in Lake Forest Park, WA is $955,000, down 9.0% year-over-year. Homes sell in an average of 7 days with 17 active listings. The market is currently a strong 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 Lake Forest Park a buyer's or seller's market?
Lake Forest Park, WA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
7
Fast-moving
Active listings
17
1.0 months supply
Sale-to-list
101.2%
Above asking
What does the Lake Forest Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $955,000 |
| Median list price | $949,975 |
| Year-over-year price change | -9.0% |
| Average days on market | 7 days |
| Active inventory | 17 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $472/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 14 |
| Listings with a price cut | 41.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Forest Park by property type?
How the Lake Forest Park, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.02M | $469/sq ft | 16 | 6 days |
| Condo / Co-op | $367,500 | $416/sq ft | 2 | 10 days |
| Townhouse | $730,000 | $477/sq ft | 1 | 14 days |
Source: Redfin · Updated monthly
The Lake Forest Park housing market is currently classified as a strong seller's market with a median sale price of $955,000. Prices have fallen 9.0% compared to last year, with homes spending an average of 7 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.5x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Forest Park
There are currently 17 homes listed for sale in Lake Forest Park, Washington. The median listing price is $950K.
Active listings
17
Homes on market
Median list price
$950K
Avg. days on market
7
Days until sale
New this week
14
Newly listed
Who lives in Lake Forest Park?
Population
13,356
Median income
$158,868/yr
Median age
42.8 years
Owner-occupied
80.8%
College grads
66.0%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Forest Park?
Zillow home value
$1.04M
Zillow rent index
$2,573/mo
Price-to-rent ratio
33.6x
Price-to-income
6.5x
Source: Zillow Research
What is it like to live in Lake Forest Park?
Lake Forest Park is a community of approximately 13K residents with a median age of 42.8 years.The median household income is $158,868, which reflects a relatively affluent area with strong earning potential. 66.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Forest Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Forest Park?
2 schools tracked · 756 students
The largest public schools serving Lake Forest Park, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lake Forest Park Elementary
Grades K-5 · 392 students
Brookside Elementary
Grades K-5 · 364 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Forest Park, WA?
Want a head-to-head view? Compare Lake Forest Park side-by-side with any other U.S. city using our market-comparison tool.
Is Lake Forest Park a good real estate investment market?
For investors evaluating Lake Forest Park, the price-to-rent ratio of 33.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lake Forest Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake Forest Park's median home price.
Frequently asked questions
What is the average home price in Lake Forest Park?
The median home sale price in Lake Forest Park is $955,000, down 9.0% from last year.
How long do homes stay on market in Lake Forest Park?
Homes typically spend 7 days on market before going under contract.
What is the median income in Lake Forest Park?
The median household income is $158,868 per year.
Is Lake Forest Park a buyer's or seller's market?
With 1.0 months of supply, Lake Forest Park is currently a strong seller's market.
What is the Zillow home value estimate for Lake Forest Park?
The Zillow Home Value Index (ZHVI) for Lake Forest Park is $1.04M, representing the typical home value in the area.
What is the median condo price in Lake Forest Park?
The median condo/co-op sale price in Lake Forest Park, WA is $367,500, compared to $1.02M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Forest Park?
The median single-family home price in Lake Forest Park, WA is $1.02M (about $469 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lake Forest Park, 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
Get Lake Forest Park market alerts
Weekly updates on prices, inventory, and trends. Free forever.