Housing in Lakewood, WA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$489,000
Median List Price
$475,000
Price Per Sq Ft
$317
Days on Market
51
Active Inventory
87
Months of Supply
3.5
Seller's market
Zillow Home Value
$506,099
ZHVI — January 2026
Zillow Rent Index
$1,716
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.0%
Off Market in 2 Weeks
52.6%
Sale-to-List Ratio
100.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
25
New Listings
51
Pending Sales
38
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$317
Median List $/SF
$325
Lakewood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Lakewood 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
$420,500
Median Rent
$1,460
Total Housing Units
28,010
Vacancy Rate
6.7%
Owner Occupied
44.8%
Renter Occupied
55.2%
Median Property Tax
$3,917
per year
Monthly Cost (w/ Mortgage)
$1,504
Housing Types
The current median sale price in Lakewood, WA is $489,000 according to Redfin data. Homes spend a median of 51 days on the market. 28.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $317. Zillow's observed rent index is $1,716/month. About 44.8% of housing units are owner-occupied. The median year homes were built is 1974. There are 28,010 total housing units.