Lakewood, WA Home Values & Market Trends
Real estate market trends reflect that there have been 612 transactions over the past year in Lakewood. The median value for residential home transactions that occurred over the previous year is $497,774.76. The number of current listings in Lakewood is 10, and the percentage of properties for sale in the city is 10.00%. Lakewood, WA currently has 17 properties in foreclosure, 0 bank owned properties, 14 properties headed for auction, and 10 properties for sale.
Lakewood, WA Real Estate Market Overview
Housing Market Summary for Lakewood, WA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $545K | $475.5K | -12.76% |
| Median Sold Price | $479.6K | $475.5K | -0.87% |
| Homes For Sale | 15 | 11 | -26.67% |
| Homes Sold | 337 | 290 | -13.95% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lakewood, WA
Browse Homes in Lakewood, WA
Lakewood home values range from $19,976 to $4,449,742. The median estimated value of a home in Lakewood is $497,774.76. The median list price of a home is 484,500, and the total count of properties in the city is 13,151.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Lakewood, WA with 98498 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Lakewood, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $659,831 in 98498 to the lowest home value of $212,232 in 98498.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lakewood, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lakewood, WA. There are 3 zips within Lakewood, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98498 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Lakewood, WA. Auction homes and other auction properties account for 0.11% of all properties in Lakewood, WA. There are 3 zips within Lakewood, WA; of those zips, the median estimated home value for homes going to auction ranges from $649,900 in 98499 to the lowest value of $260,250 in 98499.
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More Real Estate Resources for Lakewood, WA
Guide for Lakewood, WA
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Washington Foreclosure Laws
When house prices increase near good school, what options do home buyer have?