Lakewood, WA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lakewood, WA is $510,000, up 4.5% year-over-year. Homes sell in an average of 34 days with 86 active listings. The market is currently a seller's market.
$510,000median sale price
Is Lakewood a buyer's or seller's market?
Lakewood, WA is currently a seller's market, based on 2.3 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
34
Average pace
Active listings
86
2.3 months supply
Sale-to-list
100.0%
Above asking
Lakewood, WA market data
| Metric | Value |
|---|---|
| Median sale price | $510,000 |
| Median list price | $589,950 |
| Year-over-year price change | +4.5% |
| Average days on market | 34 days |
| Active inventory | 86 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Lakewood housing market is currently classified as a seller's market with a median sale price of $510,000. Prices have risen 4.5% compared to last year, with homes spending an average of 34 days on market, indicating 2.3 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 Lakewood
There are currently 86 homes listed for sale in Lakewood, Washington. The median listing price is $590K.
Active listings
86
Homes on market
Median list price
$590K
Avg. days on market
34
Days until sale
New this week
43
Newly listed
Top public schools in Lakewood
26 schools tracked · 9,470 students
The largest public schools serving Lakewood, 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.
Lakes High School
Grades 9-12 · 1,195 students
Clover Park High School
Grades 9-12 · 1,137 students
Thomas Middle School
Grades 6-8 · 980 students
General William H. Harrison Preparatory School
Grades 6-12 · 745 students
Hudtloff Middle School
Grades 6-8 · 586 students
Lakeview Hope Academy
Grades PK-5 · 541 students
Four Heroes Elementary
Grades PK-5 · 528 students
Lake Louise Elementary School
Grades PK-5 · 503 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Lakewood?
The median home sale price in Lakewood is $510,000, up 4.5% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 34 days on market before going under contract.
Is Lakewood a buyer's or seller's market?
With 2.3 months of supply, Lakewood is currently a seller's market.
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