What is the housing market like in Lake Burien today?
In April 2024, Lake Burien home prices were down 25.7% compared to last year, selling for a median price of $505K. On average, homes in Lake Burien sell after 4 days on the market compared to 10 days last year. There were 4 homes sold in April this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$505,000
-25.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lake Burien, WA
$505,000
-25.7%
United States
To compare other locations to the Lake Burien and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Burien add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Burien housing market?
Lake Burien is very competitive. Homes sell in 5 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 5 days.
Hot homes
can sell for about 1% above list price and go pending in around 1 day.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Burien housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Burien.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Burien has a moderate risk of flooding. 59 properties in Lake Burien are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Lake Burien. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Burien has a minor risk of wildfire. There are 5 properties in Lake Burien that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lake Burien.
Lake Burien has minimal risk of severe winds over the next 30 years
Wind Factor
Lake Burien has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.