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Featured local agent — Lakebay, WA
Sarah Mitchell
Compass Real Estate · Lakebay, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakebay, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$625,000median sale price
How is the Lakebay, WA housing market right now?
The median home sale price in Lakebay, WA is $625,000. Homes sell in an average of 2 days with 2 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 Lakebay a buyer's or seller's market?
Lakebay, WA is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
2
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
114.7%
Above asking
What does the Lakebay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $625,000 |
| Median list price | $512,500 |
| Average days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 114.7% |
| Median price per sq ft | $723/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakebay by property type?
How the Lakebay, 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 | $625,000 | $723/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Lakebay housing market is currently classified as a strong seller's market with a median sale price of $625,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 2 days on market, indicating 2.0 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 Lakebay
There are currently 2 homes listed for sale in Lakebay, Washington. The median listing price is $513K.
Active listings
2
Homes on market
Median list price
$513K
Avg. days on market
2
Days until sale
New this week
2
Newly listed
What are homes worth in Lakebay?
Zillow home value
$538,262
Source: Zillow Research
Which public schools serve Lakebay?
2 schools tracked · 792 students
The largest public schools serving Lakebay, 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.
Key Peninsula Middle School
Grades 6-8 · 462 students
Evergreen Elementary
Grades PK-5 · 330 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 Lakebay, WA?
Want a head-to-head view? Compare Lakebay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lakebay?
The median home sale price in Lakebay is $625,000, down 0.0% from last year.
How long do homes stay on market in Lakebay?
Homes typically spend 2 days on market before going under contract.
Is Lakebay a buyer's or seller's market?
With 2.0 months of supply, Lakebay is currently a strong seller's market.
What is the Zillow home value estimate for Lakebay?
The Zillow Home Value Index (ZHVI) for Lakebay is $538,262, representing the typical home value in the area.
How much does a single-family home cost in Lakebay?
The median single-family home price in Lakebay, WA is $625,000 (about $723 per square foot).
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