Housing in Banks Lake South, WA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — July 2025Median Sale Price
$489,850
Median List Price
N/A
Price Per Sq Ft
$278
Days on Market
31
Active Inventory
N/A
Market Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
89.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$278
Banks Lake South vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Banks Lake South is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$252,400
Median Rent
N/A
Total Housing Units
102
Vacancy Rate
14.7%
Owner Occupied
82.8%
Renter Occupied
17.2%
Median Property Tax
$1,850
per year
Monthly Cost (w/ Mortgage)
$808
Housing Types
The current median sale price in Banks Lake South, WA is $489,850 according to Redfin data. Homes spend a median of 31 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $278. About 82.8% of housing units are owner-occupied. The median year homes were built is 1993. There are 102 total housing units.