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LAKEWOOD, WA 98499

Real Estate Market Report  ·  Pierce County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98499

Clinton Park · Clover Park · Custer · Gravelly Lake · Lake City (Lake City Neighborhood Association) · Lake Steilacoom · Lakeview (Lakeview Neighborhood Association) · Lakewood · Meadow Park · Monta Vista · Monte Vista · Oakbrook · Pacific (Pacific Neighborhood Association) · Ponders Corner

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKEWOOD, WA real estate market (98499) currently shows 53 active listings, with 14 pending sales. Homes are averaging 37 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 37 days on market compared to 38 days last year.

The median listing price has risen 6.2% year-over-year, from $536,975 to $570,000.

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.

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Market Context

Market Context

Population: 34,207  ·  Density: 1,493.4/mi²  ·  Median household income: $60,726

Typical home value: $361,669  ·  Homeownership: 34.5%

Market Overview

Active Listings
53
⇧ 6% vs 50 last year
Pending
14
26% pending ratio
Median Price
$570,000
⇧ 6.2% vs $536,975 last year
Average Price
$790,732
⇧ 30.6% vs $605,279 last year
Days on Market
37
⇩ 2.6% vs 38 days last year

Price Per Square Foot

Median $/sqft
$351
⇧ 7.3% vs $327/sqft last year
Median Home Size
1,919 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 50 last year
  • Days on market: 37 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $570,000 (+6.2% YoY)
  • Average: $790,732 (+30.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.3 miles — 566 listings ($357,752,887 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98499Lakewood, WA 984990.0 mi54$42,454,044$536,238$786,186
98444Tacoma, WA 984442.9 mi70$34,075,930$457,500$486,799
98409Tacoma, WA 984093.3 mi54$28,365,390$399,962$525,285
98466Tacoma, WA 984664.5 mi45$29,682,225$628,475$659,605
98445Tacoma, WA 984454.9 mi112$67,460,400$583,000$602,325
98405Tacoma, WA 984055.7 mi63$30,879,135$470,500$490,145
98402Tacoma, WA 984026.5 mi18$8,576,424$352,500$476,468
98443Tacoma, WA 984436.7 mi13$11,970,608$850,000$920,816
98403Tacoma, WA 984037.2 mi22$17,089,006$668,725$776,773
98333Fox Island, WA 983337.9 mi17$29,405,988$1,247,000$1,729,764
98327Dupont, WA 983278.5 mi27$13,654,170$535,985$505,710
98373Puyallup, WA 983738.6 mi62$38,685,396$597,500$623,958
98303Anderson Island, WA 983039.3 mi9$5,454,171$550,250$606,019

Frequently Asked Questions

How many homes are for sale in LAKEWOOD, WA 98499?

As of March 2026, there are 53 active listings in LAKEWOOD, WA (zip code 98499), compared to 50 the prior year.

What is the median home price in LAKEWOOD, WA 98499?

The median listing price in LAKEWOOD, WA 98499 is $570,000 as of March 2026, a 6.2% increase from $536,975 the prior year.

How long do homes stay on the market in LAKEWOOD, WA?

Homes in LAKEWOOD, WA 98499 spend an average of 37 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in LAKEWOOD, WA 98499?

Based on current inventory and days-on-market data as of March 2026, LAKEWOOD, WA 98499 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 37 days on market compared to 38 days last year.

How much can I save on real estate commission in LAKEWOOD, WA?

With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WA 98499 save an estimated $11,400 compared to a typical 5% commission on the median listing price of $570,000. 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.