Data as of July 2026. Source: Realtor.com.
The LOPEZ ISLAND, WA real estate market (98261) currently shows 39 active listings, with 5 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 53 days on market compared to 76 days last year.
The median listing price has fallen 18.8% year-over-year, from $1,690,000 to $1,372,500.
Whether you are buying or selling in LOPEZ ISLAND, 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.
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 July 2026, there are 39 active listings in LOPEZ ISLAND, WA (zip code 98261), compared to 36 the prior year.
The median listing price in LOPEZ ISLAND, WA 98261 is $1,372,500 as of July 2026, a 18.8% decrease from $1,690,000 the prior year.
Homes in LOPEZ ISLAND, WA 98261 spend an average of 53 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LOPEZ ISLAND, WA 98261 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in LOPEZ ISLAND, WA 98261 save an estimated $27,450 compared to a typical 5% commission on the median listing price of $1,372,500. 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.