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Featured local agent — Loon Lake, WA
Sarah Mitchell
Compass Real Estate · Loon Lake, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Loon Lake, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$665,000median sale price
How is the Loon Lake, WA housing market right now?
The median home sale price in Loon Lake, WA is $665,000. Homes sell in an average of 4 days with 6 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 Loon Lake a buyer's or seller's market?
Loon Lake, WA is currently a seller's market, based on 6.0 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
6
6.0 months supply
Sale-to-list
111.0%
Above asking
What does the Loon Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $665,000 |
| Median list price | $499,000 |
| Average days on market | 4 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 111.0% |
| Median price per sq ft | $633/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 66.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Loon Lake by property type?
How the Loon Lake, 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 | $665,000 | $633/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Loon Lake housing market is currently classified as a seller's market with a median sale price of $665,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 4 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Loon Lake
There are currently 6 homes listed for sale in Loon Lake, Washington. The median listing price is $499K.
Active listings
6
Homes on market
Median list price
$499K
Avg. days on market
4
Days until sale
New this week
3
Newly listed
Who lives in Loon Lake?
Population
927
Median income
$71,285/yr
Median age
57.3 years
Owner-occupied
90.1%
College grads
28.2%
Avg commute
30 min
Source: U.S. Census Bureau ACS
What are homes worth in Loon Lake?
Zillow home value
$423,075
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Loon Lake?
Loon Lake is a community of approximately 1K residents with a median age of 57.3 years.The median household income is $71,285, which represents a working-class community with solid middle-income opportunities. 28.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Loon Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Loon Lake?
2 schools tracked · 229 students
The largest public schools serving Loon Lake, 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.
Loon Lake Homelink Program
Grades K-8 · 115 students
Loon Lake Elementary School
Grades PK-6 · 114 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 Loon Lake, WA?
Want a head-to-head view? Compare Loon Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Loon Lake?
The median home sale price in Loon Lake is $665,000, down 0.0% from last year.
How long do homes stay on market in Loon Lake?
Homes typically spend 4 days on market before going under contract.
What is the median income in Loon Lake?
The median household income is $71,285 per year.
Is Loon Lake a buyer's or seller's market?
With 6.0 months of supply, Loon Lake is currently a seller's market.
What is the Zillow home value estimate for Loon Lake?
The Zillow Home Value Index (ZHVI) for Loon Lake is $423,075, representing the typical home value in the area.
How much does a single-family home cost in Loon Lake?
The median single-family home price in Loon Lake, WA is $665,000 (about $633 per square foot).
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