Gravelly Lake · Interlaken · Lake City (Lake City Neighborhood Association) · Lake Louise · Lake Steilacoom · Lakewood · North Fort Lewis (North Fort) · Oakbrook · Ponders Corner · Tillicum (Woodbrook)
Data as of July 2026. Source: Realtor.com.
The LAKEWOOD, WA real estate market (98498) currently shows 129 active listings, with 35 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice.
Homes are selling faster, averaging 32 days on market compared to 36 days last year.
The median listing price has fallen 1.3% year-over-year, from $572,450 to $564,970.
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.
Population: 28,256 · Density: 1,097.1/mi² · Median household income: $84,878
Typical home value: $427,751 · Homeownership: 60.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98498 | Lakewood, WA 98498 | 0.0 mi | 81 | $56,584,008 | $562,413 | $698,568 |
| 98467 | University Place, WA 98467 | 3.1 mi | 32 | $22,083,520 | $701,246 | $690,110 |
| 98409 | Tacoma, WA 98409 | 5.1 mi | 54 | $28,365,390 | $399,962 | $525,285 |
| 98388 | Steilacoom, WA 98388 | 5.5 mi | 25 | $25,447,575 | $869,213 | $1,017,903 |
| 98327 | Dupont, WA 98327 | 6.2 mi | 27 | $13,654,170 | $535,985 | $505,710 |
| 98303 | Anderson Island, WA 98303 | 6.8 mi | 9 | $5,454,171 | $550,250 | $606,019 |
| 98418 | Tacoma, WA 98418 | 6.9 mi | 26 | $10,553,478 | $397,688 | $405,903 |
| 98405 | Tacoma, WA 98405 | 7.2 mi | 63 | $30,879,135 | $470,500 | $490,145 |
| 98404 | Tacoma, WA 98404 | 7.8 mi | 85 | $42,293,960 | $480,000 | $497,576 |
| 98403 | Tacoma, WA 98403 | 8.7 mi | 22 | $17,089,006 | $668,725 | $776,773 |
| 98443 | Tacoma, WA 98443 | 9.2 mi | 13 | $11,970,608 | $850,000 | $920,816 |
| 98335 | Gig Harbor, WA 98335 | 10.0 mi | 81 | $88,970,238 | $887,000 | $1,098,398 |
| 98387 | Spanaway, WA 98387 | 10.7 mi | 147 | $88,888,107 | $546,238 | $604,681 |
As of July 2026, there are 129 active listings in LAKEWOOD, WA (zip code 98498), compared to 94 the prior year.
The median listing price in LAKEWOOD, WA 98498 is $564,970 as of July 2026, a 1.3% decrease from $572,450 the prior year.
Homes in LAKEWOOD, WA 98498 spend an average of 32 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKEWOOD, WA 98498 is currently a Balanced Market. Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice. Homes are selling faster, averaging 32 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WA 98498 save an estimated $11,299 compared to a typical 5% commission on the median listing price of $564,970. 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.