Lakewood, WA

Seller's market+4.5% YoY

Housing market overview · Updated weekly

$510,000median sale price

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

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

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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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