House Prices & Home Values Lakewood, WA 2026
Average Data
| average house price | $532,080 |
| average size per house | 1951 ft² |
| average price per ft² | 273 $ / ft² |
04/14/2026 -
The value range (VR) for house prices in Lakewood, WA is $243/ sqft to $340/ sqft. An average home with 1951 sqft costs approximately $474,093 to $663,340. Lakewood, WA includes 3 ZIP codes and it is located in Pierce county.
The lowest prices are found in ZIP 98498, while the highest are in ZIP 98439. The average price per sqare feet is $273. Our analysis is based on 63 property listings.
Avergage prices by ZIP codes Lakewood
| 98439 | 351 $ / ft² | | 98498 | 244 $ / ft² | | 98499 | 292 $ / ft² |
Historical development of home values in Lakewood
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$247,108 |
-53.6% |
| 2011 |
$237,552 |
-55.4% |
| 2012 |
$236,912 |
-55.5% |
| 2013 |
$245,767 |
-53.8% |
| 2014 |
$257,988 |
-51.5% |
| 2015 |
$271,229 |
-49.0% |
| 2016 |
$285,384 |
-46.4% |
| 2017 |
$300,787 |
-43.5% |
| 2018 |
$317,416 |
-40.3% |
| 2019 |
$332,134 |
-37.6% |
| 2020 |
$349,304 |
-34.4% |
| 2021 |
$397,295 |
-25.3% |
| 2022 |
$463,157 |
-13.0% |
| 2023 |
$488,421 |
-8.2% |
| 2024 |
$516,677 |
-2.9% |
| 2025 |
$532,080 |
0.0% |
Graph: estimated home values in Lakewood over time (USD)
Example: 100% financing house in Lakewood
Loan amount:
$532,080
Interest rate:
6.00%
Fixed monthly payment:
$3,190.09
Breakdown in the 1st month:
Interest portion:
$2,660.40 –
Principal portion:
$529.69
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$31,747.06 |
$6,534.00 |
$525,546.00 |
| 2 |
$31,344.05 |
$6,937.01 |
$518,608.99 |
| 3 |
$30,916.19 |
$7,364.87 |
$511,244.12 |
| 4 |
$30,461.95 |
$7,819.12 |
$503,425.00 |
| 5 |
$29,979.68 |
$8,301.38 |
$495,123.62 |
| 6 |
$29,467.67 |
$8,813.39 |
$486,310.23 |
| 7 |
$28,924.08 |
$9,356.98 |
$476,953.24 |
| 8 |
$28,346.96 |
$9,934.10 |
$467,019.14 |
| 9 |
$27,734.25 |
$10,546.82 |
$456,472.33 |
| 10 |
$27,083.74 |
$11,197.32 |
$445,275.01 |
| 11 |
$26,393.11 |
$11,887.95 |
$433,387.06 |
| 12 |
$25,659.89 |
$12,621.17 |
$420,765.89 |
| 13 |
$24,881.45 |
$13,399.62 |
$407,366.27 |
| 14 |
$24,054.99 |
$14,226.07 |
$393,140.20 |
| 15 |
$23,177.55 |
$15,103.51 |
$378,036.69 |
| 16 |
$22,246.00 |
$16,035.06 |
$362,001.63 |
| 17 |
$21,256.99 |
$17,024.07 |
$344,977.57 |
| 18 |
$20,206.99 |
$18,074.07 |
$326,903.49 |
| 19 |
$19,092.22 |
$19,188.84 |
$307,714.65 |
| 20 |
$17,908.69 |
$20,372.37 |
$287,342.28 |
| 21 |
$16,652.17 |
$21,628.89 |
$265,713.39 |
| 22 |
$15,318.15 |
$22,962.91 |
$242,750.48 |
| 23 |
$13,901.84 |
$24,379.22 |
$218,371.26 |
| 24 |
$12,398.19 |
$25,882.87 |
$192,488.39 |
| 25 |
$10,801.79 |
$27,479.27 |
$165,009.11 |
| 26 |
$9,106.93 |
$29,174.13 |
$135,834.98 |
| 27 |
$7,307.53 |
$30,973.53 |
$104,861.45 |
| 28 |
$5,397.15 |
$32,883.91 |
$71,977.54 |
| 29 |
$3,368.94 |
$34,912.12 |
$37,065.42 |
| 30 |
$1,215.64 |
$37,065.42 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Lakewood, WA
| 1500 sqft | 3900 sqft |
| Ø selling price | $495,496 | $1,054,053 | | Ø fast selling | $450,451 | $948,648 | | Ø high price sale | $540,540 | $1,159,459 |
In 2026, houses in Lakewood, WA will be offered at an average price of $273 per square foot. A 1,500 sqft home priced at $495,496 is 23.71% more expensive per square foot than a 3,900 sqft home priced at $1,054,053.
Home prices in Lakewood, WA vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $729,730.
Sellers who can wait longer may achieve a higher price of up to $891,892.
Explore Lakewood, WA
Overview
Lakewood, WA is a vibrant Pierce County city known for its lakes, parks, and convenient access to the South Sound.
Located just southwest of Tacoma and near Joint Base Lewis?McChord, Lakewood blends suburban comfort with strong military and civilian communities.
Visitors and residents appreciate the city?s diverse dining, international markets, and the central shopping hub at Lakewood Towne Center.
Outdoors & Recreation
American Lake, Lake Steilacoom, and Gravelly Lake anchor Lakewood, WA outdoor life with boating, paddling, and scenic waterfront views.
Fort Steilacoom Park offers miles of trails, sports fields, an off?leash dog area, and seasonal events that draw families year?round.
Golfers can tee off at Oakbrook Golf Club while nature lovers explore nearby Chambers Creek Regional Park and the McChord Air Museum on JBLM.
Community & Living
Housing in Lakewood ranges from classic mid?century neighborhoods to luxury waterfront estates, offering options for first?time buyers and downsizers alike.
Commuters benefit from quick connections via I?5, Sound Transit buses, and Sounder train stations in neighboring cities for regional mobility.
Education is served by the Clover Park School District, plus nearby higher?ed options like Pierce College and local vocational programs.
From cultural festivals to historic sites such as the Lakewood Playhouse and the preserved barns at Fort Steilacoom, Lakewood, WA delivers a welcoming Pacific Northwest lifestyle.
FAQ – Home Values in Lakewood
What is the median home value in Lakewood in 2026?
In 2026, the typical home value in
Lakewood is about
$532,080 for an average home size of
1951 square feet. This corresponds to an average
price of roughly $273 per square foot.
What is the average cost per square foot in Lakewood?
In 2026, homes in
Lakewood sell for an average of around
$273 per square foot, with a typical range
between $243 and
$340 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Lakewood is about
1951 square feet, with an estimated
2026 value around
$532,080.
Locations close to Lakewood, WA
|
