Lakewood, WA Real Estate Market Summary – September 8, 2026

In Lakewood, WA, the real estate market showed a strong activity with 66 homes sold in the last 30 days, averaging about 2 homes sold each day. Homes in this area had an average of 16 days on the market before they were sold, suggesting a relatively brisk pace. The average sale price was $684,371, with a median sale price of $497,500.

Metric 30 Days
Number Sold 66
Sold Per Day 2.20
Average SQFT 2783
Median Sales Price $497,500
Average Sales Price $684,371
Average Price Per SQFT $290
Average Days on Market 17
Average Year Built 1969

 

Lakewood, WA Single Family Home Analysis

In the single-family segment, 56 homes sold, with an average living area of 1,990 square feet. The average sale price for these homes was $552,758, while the median reached $492,500, with a notable average market time of approximately 17 days.

Metric 30 Days
Number Sold 56
Sold Per Day 1.87
Average SQFT 1990
Median Sales Price $492,500
Average Sales Price $552,758
Average Price Per SQFT $294
Average Days on Market 17
Average Year Built 1968

 

Lakewood, WA Condo & Townhome Analysis

For condo and townhome properties, 6 units sold with an average sale price of $357,333. These homes averaged 1,209 square feet in living area and had a median sale price of $325,000, taking about 15 days on the market on average.

Metric 30 Days
Number Sold 6
Sold Per Day 1 every 5.00 days
Average SQFT 1209
Median Sales Price $325,000
Average Sales Price $357,333
Average Price Per SQFT $309
Average Days on Market 14
Average Year Built 1985

 

Buyer & Seller Analysis

  • 66 homes sold in total last month.
  • Average days on market was 16 days.
  • Median sale price for all homes was $497,500.
  • Single-family homes had a median price of $492,500.
  • Condo and townhome median price was $325,000.

Conclusion

Overall, the market remains active in Lakewood, WA, with a variety of options available for potential buyers. The current pace and prices indicate a stable market environment.

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