Housing in Lake Tapps, WA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$581,787

Median List Price

$869,950

Price Per Sq Ft

$444

Days on Market

121

Active Inventory

29

Months of Supply

4.8

Balanced market

Price Trends

Source: Redfin
Sale Price 40.1%List Price 12.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

18.2%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
18.2%
Listings with Price Drops
37.9%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

11

Pending Sales

11

Homes Sold 25.0%New Listings 47.6%Pending 62.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$444

Median List $/SF

$347

Sale $/SF 34.5%List $/SF 3.1%Mar 24Jan 26

Lake Tapps vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lake Tapps 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

$693,300

Median Rent

$2,004

Total Housing Units

4,695

Vacancy Rate

5.2%

Owner Occupied

90.7%

Renter Occupied

9.3%

Median Property Tax

$7,216

per year

Monthly Cost (w/ Mortgage)

$2,661

Housing Types

Single Family
90.1%
Multi-Family
1.2%
Mobile Home
8.7%

The current median sale price in Lake Tapps, WA is $581,787 according to Redfin data. Homes spend a median of 121 days on the market. 50.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $444. The median rent is $2,004 per month (Census ACS). About 90.7% of housing units are owner-occupied. The median year homes were built is 1986. There are 4,695 total housing units.