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
| City | Median Est. Value |
|---|---|
| Lakebay | $ 551,137 $ 335/sqft |
Housing Market Summary for 98349
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $540K | $487.5K | -9.73% |
| Median Sold Price | $502.9K | $560.2K | 11.41% |
| Homes For Sale | 132 | 187 | 41.67% |
| Homes Sold | 41 | 53 | 29.27% |
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 98349
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionslakebay 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.
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Guide for 98349





Washington Foreclosure Laws

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 […]

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