The Lake Tapps housing market is very competitive. Homes in Lake Tapps receive 2 offers on average and sell in around 29 days. The median sale price of a home in Lake Tapps was $903K last month, down 7.1% since last year. The median sale price per square foot in Lake Tapps is $364, up 1.5% since last year.
What is the housing market like in Lake Tapps today?
In May 2025, Lake Tapps home prices were down 7.1% compared to last year, selling for a median price of $903K. On average, homes in Lake Tapps sell after 29 days on the market compared to 7 days last year. There were 14 homes sold in May this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$902,500
-7.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lake Tapps, WA
$902,500
-7.1%
United States
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How hot is the Lake Tapps housing market?
Lake Tapps is very competitive. Homes sell in 18.5 days.
0
100
73
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 19 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lake Tapps
Explore recent offers and recently sold homes in Lake Tapps
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$800K Offer
Sold for $800K
4bd | 2.75ba | ~2,500sqft
Over List Price
0%
Days on Market
3
Competing Offers
3
Down Payment
—
Christine Hudson
Lake Tapps Redfin Agent
View houses in Lake Tapps that sold recently
Recently sold homes
SOLD JUL 2, 2025
$1,374,995 Last Sold Price
5 beds
3.5 baths
4,273 sq ft
16206 25th St E, Lake Tapps, WA 98391
Sonna Stanton • Teambuilder KW Skyline Properties, Inc.
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 Tapps housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Tapps.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Tapps has a minor risk of flooding. 134 properties in Lake Tapps are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Lake Tapps. Flood risk is increasing slower than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Tapps has a moderate risk of wildfire. There are 2,296 properties in Lake Tapps that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in Lake Tapps.