Population: 28,256 · Density: 1,097.1/mi² · Median household income: $84,878
Typical home value: $427,751 · Homeownership: 60.2%
Data as of January 2026. Source: Realtor.com.
The LAKEWOOD, WA real estate market (98498) currently shows 80 active listings, with 21 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 83 days last year.
The median listing price has fallen 2.2% year-over-year, from $572,488 to $559,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98498 | Lakewood, WA 98498 | 0.0 mi | 80 | $55,704,560 | $559,900 | $696,307 |
| 98467 | University Place, WA 98467 | 3.1 mi | 32 | $22,176,864 | $699,000 | $693,027 |
| 98409 | Tacoma, WA 98409 | 5.1 mi | 47 | $25,522,222 | $415,000 | $543,026 |
| 98388 | Steilacoom, WA 98388 | 5.5 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98327 | Dupont, WA 98327 | 6.2 mi | 23 | $11,495,538 | $465,000 | $499,806 |
| 98303 | Anderson Island, WA 98303 | 6.8 mi | 9 | $5,175,738 | $510,000 | $575,082 |
| 98418 | Tacoma, WA 98418 | 6.9 mi | 27 | $11,129,535 | $409,995 | $412,205 |
| 98405 | Tacoma, WA 98405 | 7.2 mi | 60 | $29,338,380 | $469,000 | $488,973 |
| 98404 | Tacoma, WA 98404 | 7.8 mi | 76 | $36,230,948 | $450,000 | $476,723 |
| 98403 | Tacoma, WA 98403 | 8.7 mi | 18 | $13,720,230 | $662,450 | $762,235 |
| 98443 | Tacoma, WA 98443 | 9.2 mi | 10 | $8,936,060 | $840,000 | $893,606 |
| 98335 | Gig Harbor, WA 98335 | 10.0 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98387 | Spanaway, WA 98387 | 10.7 mi | 139 | $80,987,238 | $544,950 | $582,642 |
As of January 2026, there are 80 active listings in LAKEWOOD, WA (zip code 98498), compared to 67 the prior year.
The median listing price in LAKEWOOD, WA 98498 is $559,900 as of January 2026, a 2.2% decrease from $572,488 the prior year.
Homes in LAKEWOOD, WA 98498 spend an average of 85 days on the market before going under contract, compared to 83 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKEWOOD, WA 98498 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 83 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WA 98498 save an estimated $11,198 compared to a typical 5% commission on the median listing price of $559,900. 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.