98498 Home Values & Market Trends

There are 737 homes currently listed for 98498. 98498 real estate market trends show that home prices range from $75,000 to $4,950,000, and the median sales price in the 98498 zip code is $556,495. The total number of properties sold within the past twelve months is 405. In 98498, 14 properties are in foreclosure, 3 are bank owned properties,and 10 are headed for auction.

98498 Real Estate Market Overview

CityMedian Est. Value
Lakewood

$ 544,944

$ 323/sqft

Housing Market Summary for 98498

Sep 2025September 2026Change
Median Listing Price$540K$550K1.86%
Median Sold Price$528.8K$580.4K9.76%
Homes For Sale53073538.68%
Homes Sold152118-22.37%
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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 98498

The median list price of a home in Lakewood, is $556,495. A total of 737 properties are for sale, and the percentage of properties for sale in the zip code is 737.00%. The total count of 98498 properties is 881.

Foreclosure
There is 1 cities within 98498; within this cities, the median estimated home value for homes in foreclosure ranges from $782,351 in lakewood to the lowest value of $225,000 in lakewood. Foreclosure homes account for 1.00% of properties in 98498 with lakewood containing 22 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.11% of all residential properties in 98498 with lakewood containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98498; of that cities, the estimated home value for pre-foreclosure homes ranges from $554,288 in lakewood to the lowest home value of $554,288 in lakewood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 98498 ranges from the highest value of $535,207 in lakewood to the lowest value of $225,000 in lakewood. Bank owned homes and properties account for 0.34% of properties in 98498. There is 1 cities within 98498; lakewood containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lakewood has 16 auction properties, the highest number of properties going to auction in a single city in the state of 98498. Auction homes and other auction properties account for 1.14% of all properties in 98498. There is 1 cities within 98498; of that cities, the median estimated home value for homes going to auction ranges from $782,351 in lakewood to the lowest value of $390,000 in lakewood.
Homes for Sale
Homes and properties that are actively listed for sale account for 83.65% of residential properties in 98498 with lakewood containing 1113 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 98498; homes for sale in that cities, have a range of median values from $4,211,660 in lakewood to the lowest value of $190,832 in lakewood.
    Sold Homes
    The median value for recently sold homes ranges from $4,165,551 in lakewood to the lowest price of $175,000 in lakewood. There is 1 cities within 98498. lakewood has 176 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 13.17% of properties in 98498.

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      Guide for 98498

      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.