Data as of June 2026. Source: Realtor.com.
The LAKEBAY, WA real estate market (98349) currently shows 44 active listings, with 12 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 44 days on market compared to 38 days last year.
The median listing price has fallen 24.4% year-over-year, from $649,975 to $491,225.
Whether you are buying or selling in LAKEBAY, 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: 5,050 · Density: 94.4/mi² · Median household income: $90,000
Typical home value: $330,078 · Homeownership: 85.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98349 | Lakebay, WA 98349 | 0.0 mi | 27 | $25,785,351 | $590,500 | $955,013 |
| 98351 | Longbranch, WA 98351 | 4.3 mi | 7 | $10,604,650 | $875,000 | $1,514,950 |
| 98333 | Fox Island, WA 98333 | 7.1 mi | 17 | $29,405,988 | $1,247,000 | $1,729,764 |
| 98524 | Allyn, WA 98524 | 7.8 mi | 25 | $20,056,150 | $495,000 | $802,246 |
| 98546 | Grapeview, WA 98546 | 8.1 mi | 8 | $6,699,000 | $862,500 | $837,375 |
| 98332 | Gig Harbor, WA 98332 | 10.7 mi | 75 | $119,938,425 | $1,042,475 | $1,599,179 |
| 98466 | Tacoma, WA 98466 | 11.5 mi | 45 | $29,682,225 | $628,475 | $659,605 |
| 98516 | Olympia, WA 98516 | 11.7 mi | 99 | $71,395,038 | $608,075 | $721,162 |
| 98407 | Tacoma, WA 98407 | 12.4 mi | 59 | $48,959,026 | $695,425 | $829,814 |
| 98406 | Tacoma, WA 98406 | 12.4 mi | 47 | $36,611,684 | $599,988 | $778,972 |
| 98528 | Belfair, WA 98528 | 13.7 mi | 27 | $18,464,193 | $709,000 | $683,859 |
| 98409 | Tacoma, WA 98409 | 14.2 mi | 54 | $28,365,390 | $399,962 | $525,285 |
| 98499 | Lakewood, WA 98499 | 14.3 mi | 54 | $42,454,044 | $536,238 | $786,186 |
As of June 2026, there are 44 active listings in LAKEBAY, WA (zip code 98349), compared to 49 the prior year.
The median listing price in LAKEBAY, WA 98349 is $491,225 as of June 2026, a 24.4% decrease from $649,975 the prior year.
Homes in LAKEBAY, WA 98349 spend an average of 44 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKEBAY, WA 98349 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 44 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEBAY, WA 98349 save an estimated $9,825 compared to a typical 5% commission on the median listing price of $491,225. 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.