Data as of September 2026. Source: Realtor.com.
The LOPEZ ISLAND, WA real estate market (98261) currently shows 38 active listings, with 7 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 86 days on market compared to 131 days last year.
The median listing price has fallen 32.8% year-over-year, from $1,482,000 to $996,125.
Population: 3,112 · Density: 40.3/mi² · Median household income: $73,077
Typical home value: $631,570 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98261 | Lopez Island, WA 98261 | 0.0 mi | 9 | $18,142,002 | $1,325,000 | $2,015,778 |
| 98280 | Orcas, WA 98280 | 8.7 mi | 1 | $975,000 | $975,000 | $975,000 |
| 98221 | Anacortes, WA 98221 | 10.6 mi | 88 | $92,840,704 | $838,750 | $1,055,008 |
| 98279 | Olga, WA 98279 | 11.7 mi | 4 | $6,239,000 | $1,247,000 | $1,559,750 |
| 98277 | Oak Harbor, WA 98277 | 16.3 mi | 113 | $79,404,422 | $626,225 | $702,694 |
| 98257 | La Conner, WA 98257 | 17.8 mi | 30 | $19,854,660 | $632,500 | $661,822 |
| 98239 | Coupeville, WA 98239 | 22.9 mi | 32 | $23,916,192 | $650,000 | $747,381 |
| 98233 | Burlington, WA 98233 | 24.4 mi | 29 | $16,519,415 | $484,475 | $569,635 |
| 98229 | Bellingham, WA 98229 | 26.1 mi | 86 | $88,975,170 | $733,125 | $1,034,595 |
| 98248 | Ferndale, WA 98248 | 28.9 mi | 79 | $64,669,716 | $729,675 | $818,604 |
| 98226 | Bellingham, WA 98226 | 30.3 mi | 147 | $98,106,330 | $572,750 | $667,390 |
| 98368 | Port Townsend, WA 98368 | 30.8 mi | 54 | $53,042,958 | $689,500 | $982,277 |
| 98339 | Port Hadlock, WA 98339 | 32.0 mi | 8 | $4,441,176 | $555,000 | $555,147 |
As of September 2026, there are 38 active listings in LOPEZ ISLAND, WA (zip code 98261), compared to 34 the prior year.
The median listing price in LOPEZ ISLAND, WA 98261 is $996,125 as of September 2026, a 32.8% decrease from $1,482,000 the prior year.
Homes in LOPEZ ISLAND, WA 98261 spend an average of 86 days on the market before going under contract, compared to 131 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LOPEZ ISLAND, WA 98261 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 86 days on market compared to 131 days last year.
With SELL123.com's maximum 3% commission, sellers in LOPEZ ISLAND, WA 98261 save an estimated $19,923 compared to a typical 5% commission on the median listing price of $996,125. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.