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Data as of September 2026. Source: Realtor.com.
The LAKEWOOD, WA real estate market (98498) currently shows 129 active listings, with 26 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 56 days on market compared to 40 days last year.
The median listing price has risen 6% year-over-year, from $551,850 to $584,988.
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 September 2026, there are 129 active listings in LAKEWOOD, WA (zip code 98498), compared to 109 the prior year.
The median listing price in LAKEWOOD, WA 98498 is $584,988 as of September 2026, a 6% increase from $551,850 the prior year.
Homes in LAKEWOOD, WA 98498 spend an average of 56 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKEWOOD, WA 98498 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WA 98498 save an estimated $11,700 compared to a typical 5% commission on the median listing price of $584,988. 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.