The housing in 98439 Lakewood, WA is quite expensive, with a median value of $574,500 which is much higher than the US median value of $338,100. While the US has seen an appreciation rate of 8.27% over the past year, Lakewood has seen a slightly lower appreciation rate of 4.80%. This suggests that while prices in this area are on the rise, they are not growing as quickly as other parts of the country. Despite this, with such high values for housing in this area it can prove to be difficult to find an affordable place to live.
The median home cost in Lakewood (zip 98439) is $574,500. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Lakewood (zip 98439) is up 12.3%.
Average Age of Homes
- The median age of Lakewood (zip 98439) real estate is 39 years old
The Rental Market in Lakewood (zip 98439)
- Renters make up 79.6% of the Lakewood (zip 98439) population
- 4.8% of houses and apartments in Lakewood (zip 98439), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.