Gravelly Lake · Interlaken · Lake City (Lake City Neighborhood Association) · Lake Louise · Lake Steilacoom · Lakewood · North Fort Lewis (North Fort) · Oakbrook · Ponders Corner · Tillicum (Woodbrook)
Data as of February 2026. Source: Realtor.com.
The LAKEWOOD, WA real estate market (98498) currently shows 81 active listings, with 26 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 60 days last year.
The median listing price has risen 0.9% year-over-year, from $557,500 to $562,413.
Whether you are buying or selling in LAKEWOOD, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 28,256 · Density: 1,097.1/mi² · Median household income: $84,878
Typical home value: $427,751 · Homeownership: 60.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98498 | Lakewood, WA 98498 | 0.0 mi | 80 | $55,704,560 | $559,900 | $696,307 |
| 98467 | University Place, WA 98467 | 3.1 mi | 32 | $22,176,864 | $699,000 | $693,027 |
| 98409 | Tacoma, WA 98409 | 5.1 mi | 47 | $25,522,222 | $415,000 | $543,026 |
| 98388 | Steilacoom, WA 98388 | 5.5 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98327 | Dupont, WA 98327 | 6.2 mi | 23 | $11,495,538 | $465,000 | $499,806 |
| 98303 | Anderson Island, WA 98303 | 6.8 mi | 9 | $5,175,738 | $510,000 | $575,082 |
| 98418 | Tacoma, WA 98418 | 6.9 mi | 27 | $11,129,535 | $409,995 | $412,205 |
| 98405 | Tacoma, WA 98405 | 7.2 mi | 60 | $29,338,380 | $469,000 | $488,973 |
| 98404 | Tacoma, WA 98404 | 7.8 mi | 76 | $36,230,948 | $450,000 | $476,723 |
| 98403 | Tacoma, WA 98403 | 8.7 mi | 18 | $13,720,230 | $662,450 | $762,235 |
| 98443 | Tacoma, WA 98443 | 9.2 mi | 10 | $8,936,060 | $840,000 | $893,606 |
| 98335 | Gig Harbor, WA 98335 | 10.0 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98387 | Spanaway, WA 98387 | 10.7 mi | 139 | $80,987,238 | $544,950 | $582,642 |
As of February 2026, there are 81 active listings in LAKEWOOD, WA (zip code 98498), compared to 60 the prior year.
The median listing price in LAKEWOOD, WA 98498 is $562,413 as of February 2026, a 0.9% increase from $557,500 the prior year.
Homes in LAKEWOOD, WA 98498 spend an average of 77 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAKEWOOD, WA 98498 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WA 98498 save an estimated $11,248 compared to a typical 5% commission on the median listing price of $562,413. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.