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Avonlea Lake Forest Lexington

LACEY, WA 98503

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98503

Avonlea · Lake Forest · Lexington

Market Analysis

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

The LACEY, WA real estate market (98503) currently shows 71 active listings, with 31 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 18 days last year.

The median listing price has risen 6.3% year-over-year, from $489,000 to $519,975.

Whether you are buying or selling in LACEY, 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: 42,263  ·  Density: 1,472.9/mi²  ·  Median household income: $78,508

Typical home value: $353,252  ·  Homeownership: 57.9%

Market Overview

Active Listings
71
⇧ 18.3% vs 60 last year
Pending
31
44% pending ratio
Median Price
$519,975
⇧ 6.3% vs $489,000 last year
Average Price
$548,909
⇩ 9.2% vs $604,386 last year
Days on Market
34
⇧ 88.9% vs 18 days last year

Price Per Square Foot

Median $/sqft
$278
⇩ 10.6% vs $311/sqft last year
Median Home Size
1,844 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 60 last year
  • Days on market: 34 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $519,975 (+6.3% YoY)
  • Average: $548,909 (-9.2% 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 18.8 miles — 845 listings ($540,736,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98503Lacey, WA 985030.0 mi66$33,701,052$511,249$510,622
98501Olympia, WA 985014.7 mi128$82,472,064$637,450$644,313
98506Olympia, WA 985066.4 mi52$33,904,104$676,699$652,002
98327Dupont, WA 983278.4 mi27$13,654,170$535,985$505,710
98502Olympia, WA 9850211.6 mi106$75,203,290$644,955$709,465
98512Olympia, WA 9851212.5 mi66$41,678,076$603,000$631,486
98558Mckenna, WA 9855812.9 mi3$1,616,175$538,725$538,725
98580Roy, WA 9858014.2 mi34$39,526,462$706,000$1,162,543
98498Lakewood, WA 9849814.6 mi81$56,584,008$562,413$698,568
98349Lakebay, WA 9834916.7 mi27$25,785,351$590,500$955,013
98467University Place, WA 9846717.2 mi32$22,083,520$701,246$690,110
98444Tacoma, WA 9844418.6 mi70$34,075,930$457,500$486,799
98597Yelm, WA 9859718.8 mi153$80,451,990$519,225$525,830

Frequently Asked Questions

How many homes are for sale in LACEY, WA 98503?

As of March 2026, there are 71 active listings in LACEY, WA (zip code 98503), compared to 60 the prior year.

What is the median home price in LACEY, WA 98503?

The median listing price in LACEY, WA 98503 is $519,975 as of March 2026, a 6.3% increase from $489,000 the prior year.

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

Homes in LACEY, WA 98503 spend an average of 34 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in LACEY, WA 98503?

Based on current inventory and days-on-market data as of March 2026, LACEY, WA 98503 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LACEY, WA 98503 save an estimated $10,400 compared to a typical 5% commission on the median listing price of $519,975. 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.