Housing in Lake Forest Park, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$849,000

Median List Price

$995,000

Price Per Sq Ft

$383

Days on Market

10

Active Inventory

14

Months of Supply

2.0

Seller's market

Zillow Home Value

$1,002,647

ZHVI — January 2026

Zillow Rent Index

$2,673

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 21.4%List Price 15.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

28.6%

Off Market in 2 Weeks

60.0%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
28.6%
Under Contract in 2 Wks
60.0%
Listings with Price Drops
21.4%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

13

Pending Sales

5

Homes Sold 41.7%New Listings 27.8%Pending 72.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$383

Median List $/SF

$458

Sale $/SF 17.8%List $/SF 11.4%Mar 24Jan 26

Lake Forest Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lake Forest Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$928,700

Median Rent

$2,205

Total Housing Units

5,467

Vacancy Rate

3.2%

Owner Occupied

80.8%

Renter Occupied

19.2%

Median Property Tax

$8,177

per year

Monthly Cost (w/ Mortgage)

$2,926

Housing Types

Single Family
82.9%
Multi-Family
17.1%
Mobile Home
0.0%

The current median sale price in Lake Forest Park, WA is $849,000 according to Redfin data. Homes spend a median of 10 days on the market. 28.6% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $383. Zillow's observed rent index is $2,673/month. About 80.8% of housing units are owner-occupied. The median year homes were built is 1968. There are 5,467 total housing units.