The housing market in 98499 Lakewood, WA is on the rise and is currently valued at $418,300. This value is significantly higher than the US median house value of $338,100. Although the 1 year appreciation rate for houses in the US is 8.27%, the appreciation rate of homes in 98499 Lakewood, WA stands at 4.80%. This slower rate likely indicates a more stable market which can be beneficial to those looking to buy or sell a home in this area.
The median home cost in Lakewood (zip 98499) is $418,300. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Lakewood (zip 98499) is up 12.3%.
Average Age of Homes
- The median age of Lakewood (zip 98499) real estate is 44 years old
The Rental Market in Lakewood (zip 98499)
- Renters make up 55.0% of the Lakewood (zip 98499) population
- 2.6% of houses and apartments in Lakewood (zip 98499), 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.