98349 Home Values & Market Trends

There are 187 homes currently listed for 98349. 98349 real estate market trends show that home prices range from $63,000 to $2,800,000, and the median sales price in the 98349 zip code is $551,137. The total number of properties sold within the past twelve months is 117. In 98349, 12 properties are in foreclosure, 4 are bank owned properties,and 7 are headed for auction.

98349 Real Estate Market Overview

CityMedian Est. Value
Lakebay

$ 551,137

$ 335/sqft

Housing Market Summary for 98349

Sep 2025September 2026Change
Median Listing Price$540K$487.5K-9.73%
Median Sold Price$502.9K$560.2K11.41%
Homes For Sale13218741.67%
Homes Sold415329.27%
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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%.

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Browse Homes in 98349

The median list price of a home in Lakebay, is $551,137. A total of 187 properties are for sale, and the percentage of properties for sale in the zip code is 187.00%. The total count of 98349 properties is 266.

Foreclosure
There is 1 cities within 98349; within this cities, the median estimated home value for homes in foreclosure ranges from $576,353 in lakebay to the lowest value of $294,950 in lakebay. Foreclosure homes account for 4.00% of properties in 98349 with lakebay containing 12 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.38% of all residential properties in 98349 with lakebay containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98349; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in lakebay to the lowest home value of $0 in lakebay.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 98349 ranges from the highest value of $485,272 in lakebay to the lowest value of $294,950 in lakebay. Bank owned homes and properties account for 1.50% of properties in 98349. There is 1 cities within 98349; lakebay containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lakebay has 7 auction properties, the highest number of properties going to auction in a single city in the state of 98349. Auction homes and other auction properties account for 2.63% of all properties in 98349. There is 1 cities within 98349; of that cities, the median estimated home value for homes going to auction ranges from $576,353 in lakebay to the lowest value of $374,367 in lakebay.
Homes for Sale
Homes and properties that are actively listed for sale account for 70.30% of residential properties in 98349 with lakebay containing 187 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 98349; homes for sale in that cities, have a range of median values from $2,575,000 in lakebay to the lowest value of $189,677 in lakebay.
    Sold Homes
    The median value for recently sold homes ranges from $2,575,000 in lakebay to the lowest price of $199,681 in lakebay. There is 1 cities within 98349. lakebay has 55 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.68% of properties in 98349.

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      Guide for 98349

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.