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Avonlea Lake Forest Lexington

LACEY, WA 98503

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98503

Avonlea · Lake Forest · Lexington

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LACEY, WA real estate market (98503) currently shows 66 active listings, with 30 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 34 days last year.

The median listing price has risen 7.1% year-over-year, from $477,500 to $511,249.

Whether you are buying or selling in LACEY, 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.

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Market Context

Market Context

Population: 42,263  ·  Density: 1,472.9/mi²  ·  Median household income: $78,508

Typical home value: $353,252  ·  Homeownership: 57.9%

Market Overview

Active Listings
66
⇧ 34.7% vs 49 last year
Pending
30
45% pending ratio
Median Price
$511,249
⇧ 7.1% vs $477,500 last year
Average Price
$510,622
⇩ 8.2% vs $556,135 last year
Days on Market
46
⇧ 35.3% vs 34 days last year

Price Per Square Foot

Median $/sqft
$288
⇩ 7.1% vs $310/sqft last year
Median Home Size
1,731 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 66 this year vs 49 last year
  • Days on market: 46 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $511,249 (+7.1% YoY)
  • Average: $510,622 (-8.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.8 miles — 806 listings ($534,200,861 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98503Lacey, WA 985030.0 mi65$39,112,645$501,475$601,733
98501Olympia, WA 985014.7 mi115$71,795,075$619,950$624,305
98506Olympia, WA 985066.4 mi48$32,708,256$650,000$681,422
98327Dupont, WA 983278.4 mi23$11,495,538$465,000$499,806
98502Olympia, WA 9850211.6 mi101$72,825,141$648,205$721,041
98512Olympia, WA 9851212.5 mi80$56,972,240$630,975$712,153
98558Mckenna, WA 9855812.9 mi1$495,000$495,000$495,000
98580Roy, WA 9858014.2 mi32$33,024,896$720,000$1,032,028
98498Lakewood, WA 9849814.6 mi80$55,704,560$559,900$696,307
98349Lakebay, WA 9834916.7 mi28$28,446,852$637,000$1,015,959
98467University Place, WA 9846717.2 mi32$22,176,864$699,000$693,027
98444Tacoma, WA 9844418.6 mi61$30,846,114$485,000$505,674
98597Yelm, WA 9859718.8 mi140$78,597,680$512,975$561,412

Frequently Asked Questions

How many homes are for sale in LACEY, WA 98503?

As of February 2026, there are 66 active listings in LACEY, WA (zip code 98503), compared to 49 the prior year.

What is the median home price in LACEY, WA 98503?

The median listing price in LACEY, WA 98503 is $511,249 as of February 2026, a 7.1% increase from $477,500 the prior year.

How long do homes stay on the market in LACEY, WA?

Homes in LACEY, WA 98503 spend an average of 46 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in LACEY, WA 98503?

Based on current inventory and days-on-market data as of February 2026, LACEY, WA 98503 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 34 days last year.

How much can I save on real estate commission in LACEY, WA?

With SELL123.com's maximum 3% commission, sellers in LACEY, WA 98503 save an estimated $10,225 compared to a typical 5% commission on the median listing price of $511,249. 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.