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City / Town Overview

Lakewood, WA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Lakewood, WA real estate market currently shows 134 active listings, with 40 pending sales. Homes are averaging 49.7 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49.7 days on market compared to 37.8 days last year.

The median listing price has risen 9.4% year-over-year, from $543,296 to $594,164.

Whether you are buying or selling in Lakewood, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 68,142  ·  Density: 1,238.2/mi²  ·  Median household income: $69,358

Typical home value: $358,929  ·  Homeownership: 42.9%

Included Areas

Lakewood: 98439, 98498

Bridgeport Way Apartments: 98496, 98499

Holly Hedge: 98497

Area Map

Market Overview

Active Listings
134
⇧ 8.1% vs 124 last year
Pending
40
30% pending ratio
Median Price
$594,164
⇧ 9.4% vs $543,296 last year
Average Price
$753,046
⇧ 20.3% vs $625,761 last year
Days on Market
49.7
⇧ 31.5% vs 38 days last year

Price Per Square Foot

Median $/sqft
$333
⇧ 0.2% vs $333/sqft last year
Median Home Size
1,908 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %