Lake Tapps, WA

Leaning buyer's-10.4% YoY

Housing market overview · Updated weekly

$765,000median sale price

Homes sold

7

Last 12 weeks

Days on market

74

Average pace

Active listings

29

4.1 months supply

Sale-to-list

97.8%

Below asking

The Lake Tapps housing market is currently classified as a leaning buyer's with a median sale price of $765,000. Prices have fallen 10.4% compared to last year, with homes spending an average of 74 days on market, indicating 4.1 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 Lake Tapps

There are currently 29 homes listed for sale in Lake Tapps, Washington. The median listing price is $952K.

Active listings

29

Homes on market

Median list price

$952K

Avg. days on market

74

Days until sale

New this week

14

Newly listed

Price drops:27.6%of listings
Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in Lake Tapps?

The median home sale price in Lake Tapps is $765,000, down 10.4% from last year.

How long do homes stay on market in Lake Tapps?

Homes typically spend 74 days on market before going under contract.

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

With 4.1 months of supply, Lake Tapps is currently a leaning buyer's.

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