Brokers — List your Company Here
Featured local agent — Lake Tapps, WA
Sarah Mitchell
Compass Real Estate · Lake Tapps, 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 Tapps, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$900,000median sale price
How is the Lake Tapps, WA housing market right now?
The median home sale price in Lake Tapps, WA is $900,000, down 0.3% year-over-year. Homes sell in an average of 22 days with 48 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 Lake Tapps a buyer's or seller's market?
Lake Tapps, WA is currently a seller's market, based on 2.5 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
22
Average pace
Active listings
48
2.5 months supply
Sale-to-list
100.9%
Above asking
What does the Lake Tapps housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $900,000 |
| Median list price | $1.02M |
| Year-over-year price change | -0.3% |
| Average days on market | 22 days |
| Active inventory | 48 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $367/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 32 |
| Listings with a price cut | 56.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Tapps by property type?
How the Lake Tapps, 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 | $900,000 | $367/sq ft | 19 | 22 days |
| Townhouse | $540,000 | $261/sq ft | 1 | 76 days |
Source: Redfin · Updated monthly
The Lake Tapps housing market is currently classified as a seller's market with a median sale price of $900,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 22 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Tapps
There are currently 48 homes listed for sale in Lake Tapps, Washington. The median listing price is $1.0M.
Active listings
48
Homes on market
Median list price
$1.0M
Avg. days on market
22
Days until sale
New this week
32
Newly listed
Who lives in Lake Tapps?
Population
12,360
Median income
$145,250/yr
Median age
42.4 years
Owner-occupied
90.7%
College grads
41.4%
Avg commute
38 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Tapps?
Lake Tapps is a community of approximately 12K residents with a median age of 42.4 years.The median household income is $145,250, which reflects a relatively affluent area with strong earning potential. 41.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 38 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Tapps offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Tapps?
3 schools tracked · 1,439 students
The largest public schools serving Lake Tapps, 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.
North Tapps Middle School
Grades 6-8 · 509 students
Dieringer Heights Elementary
Grades PK-5 · 480 students
Lake Tapps Elementary
Grades 1-3 · 450 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 Tapps, WA?
Want a head-to-head view? Compare Lake Tapps side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Tapps?
The median home sale price in Lake Tapps is $900,000, down 0.3% from last year.
How long do homes stay on market in Lake Tapps?
Homes typically spend 22 days on market before going under contract.
What is the median income in Lake Tapps?
The median household income is $145,250 per year.
Is Lake Tapps a buyer's or seller's market?
With 2.5 months of supply, Lake Tapps is currently a seller's market.
How much does a single-family home cost in Lake Tapps?
The median single-family home price in Lake Tapps, WA is $900,000 (about $367 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lake Tapps, 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 Tapps market alerts
Weekly updates on prices, inventory, and trends. Free forever.