Is Lakewood, WA 98499 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lakewood is a seller’s market. With about 2.6 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score74/ 100

More competitive than 78% of U.S. ZIP codes, and #37 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list35.5%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$327▼ −5.2% vs. last year

Nearby markets

Anderson Island 98303Buyer’s market $302 /sq ftAshford 98304Buyer’s market $496 /sq ftBonney Lake 98391Seller’s market $317 /sq ftBuckley 98321Seller’s market $296 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology