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
| City | Median Est. Value |
|---|---|
| Lakewood | $ 544,944 $ 323/sqft |
Housing Market Summary for 98498
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $540K | $550K | 1.86% |
| Median Sold Price | $528.8K | $580.4K | 9.76% |
| Homes For Sale | 530 | 735 | 38.68% |
| Homes Sold | 152 | 118 | -22.37% |
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 98498
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionslakewood 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.
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Guide for 98498





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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