Lake Forest Park, WA Housing Market
The Lake Forest Park housing market is most competitive. Homes in Lake Forest Park receive 5 offers on average and sell in around 5 days. The median sale price of a home in Lake Forest Park was $1.1M last month, up 19.3% since last year. The median sale price per square foot in Lake Forest Park is $466, up 14.6% since last year.
Lake Forest Park Housing Market Trends
In March 2024, Lake Forest Park home prices were up 19.3% compared to last year, selling for a median price of $1.1M. On average, homes in Lake Forest Park sell after 5 days on the market compared to 3 days last year. There were 12 homes sold in March this year, up from 6 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Forest Park housing market?
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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 8% above list price and go pending in around 5 days.
- Hot homescan sell for about 13% above list price and go pending in around 1 day.
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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 5 days.
- Hot homescan sell for about 10% above list price and go pending in around 2 days.
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 3% above list price and go pending in around 6 days.
- Hot homescan sell for about 10% above list price and go pending in around 4 days.
Lake Forest Park Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Lake Forest Park from outside metros.
- San Francisco homebuyers searched to move into Lake Forest Park more than any other metro followed by New York and Washington.
- 79% of Lake Forest Park homebuyers searched to stay within the Lake Forest Park metropolitan area.
- Phoenix was the most popular destination among Lake Forest Park homebuyers followed by Bellingham and Portland.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,468 | ||
2 | 852 | ||
3 | 159 | ||
4 | 9 | ||
5 | 6 | ||
6 | 4 | ||
7 | 4 | ||
8 | 3 | ||
9 | 2 | ||
10 | 2 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,311 | ||
2 | 2,288 | ||
3 | 2,180 | ||
4 | 1,714 | ||
5 | 1,708 | ||
6 | 1,639 | ||
7 | 1,421 | ||
8 | 1,347 | ||
9 | 1,278 | ||
10 | 1,233 |
Home offer insights for Lake Forest Park
Recent offers
- Offer Not Accepted|12 Weeks Ago~$1.25M OfferSold for $1.25M4 bd | 3.5 ba | ~3,000 sqftOver List Price0%Days on Market5Competing Offers5Down Payment—Jeremy BriggsLake Forest Park Redfin Agent
Despite my recommendation, buyers refused to incorporate escalation addendum. 4 other offers included escalations escalating to over $1.3M. Several offered non-refundable EM, and all four waived all contingencies. Buyer chose not to adjust offer, and will continue to look.…
More - Offer Not Accepted|6 Weeks Ago~$700K OfferSold for $800K5 bd | 1.75 ba | ~3,500 sqftOver List Price0%Days on Market10Competing Offers5Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$1M OfferSold for $1.25M4 bd | 2.25 ba | ~1,750 sqftOver List Price0%Days on Market5Competing Offers11Down Payment~20%
- Offer Not Accepted|9 Weeks Ago~$850K OfferSold for $900K4 bd | 1.75 ba | ~1,500 sqftOver List Price0%Days on Market7Competing Offers3Down Payment~30%
- Offer Not Accepted|9 Weeks Ago~$850K OfferSold for $850K3 bd | 1.75 ba | ~1,750 sqftOver List Price5%Days on Market6Competing Offers5Down Payment~20%
View houses in Lake Forest Park that sold recently
Recently sold homes
- $1,020,000 Last Sold Price5 beds3 baths2,660 sq ft19213 35th Pl NE, Lake Forest Park, WA 98155Kyoko Wright • Coldwell Banker Bain Polaris PacificList Price$950,000Sale to List7% over listDays on Market63 days19213 35th Pl NE, Lake Forest Park, WA 98155
- $475,000 Last Sold Price2 beds1 bath850 sq ft19243 15th Ave NE, Shoreline, WA 98155Rob Calkins • Realty One Group Orca Allison James Estates & HomesList Price$525,000Sale to List10% under listDays on Market32 days19243 15th Ave NE, Shoreline, WA 98155
- $1,150,000 Last Sold Price3 beds2 baths1,250 sq ft5025 NE 184th St, Lake Forest Park, WA 98155Nelly Some • Nesco Realty Group Coldwell Banker BainList Price$960,000Sale to List20% over listDays on Market25 days5025 NE 184th St, Lake Forest Park, WA 98155
- $380,000 Last Sold Price1 bed1 bath864 sq ft3825 NE 155th Pl #401, Lake Forest Park, WA 98155Callie Lagasca • Berkshire Hathaway HS NW Realogics Sotheby's Int'l RltyList Price$375,000Sale to List1% over listDays on Market37 days3825 NE 155th Pl #401, Lake Forest Park, WA 98155
- $613,533 Last Sold Price3 beds2.5 baths1,627 sq ft2801 NE 195th St #18, Lake Forest Park, WA 98155Casey Holme • Windermere Real Estate Co. Windermere Real Estate GH LLCList Price$595,000Sale to List3% over listDays on Market34 days2801 NE 195th St #18, Lake Forest Park, WA 98155
- $375,000 Last Sold Price1 bed1 bath721 sq ft3825 NE 155th Pl #502, Lake Forest Park, WA 98155Britta Brediger • Corcoran Lifestyle Properties John L. Scott, Inc.List Price$385,000Sale to List3% under listDays on Market35 days3825 NE 155th Pl #502, Lake Forest Park, WA 98155
- $990,000 Last Sold Price4 beds3 baths2,477 sq ft3504 NE 143rd St, Seattle, WA 98125Sarah Odegaard • RE/MAX Northwest Windermere NorthlakeList Price$990,000Sale to List0% over listDays on Market32 days3504 NE 143rd St, Seattle, WA 98125
- $1,382,000 Last Sold Price4 beds3.5 baths2,771 sq ft18082 25th Ave NE, Lake Forest Park, WA 98155Karen Sorensen • Lake & Company Marketplace Sotheby's Intl RtyList Price$1,299,000Sale to List6% over listDays on Market32 days18082 25th Ave NE, Lake Forest Park, WA 98155
See all recently sold homes in Lake Forest Park.
See listings
Schools in Lake Forest Park
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Aldercrest Annex Home Exchange Public • K-8 • Choice school | 125 Students | N/A |
8/10 Lake Forest Park Elementary School Public • K-5 | 580 Students | 6 reviews |
8/10 Briarcrest Elementary School Public • K-5 | 516 Students | 10 reviews |
7/10 Brookside Elementary School Public • K-5 | 477 Students | 18 reviews |
7/10 Cascade K-8 Community School Public • K-8 • Choice school | 226 Students | 27 reviews |
Climate's impact on Lake Forest Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Forest Park.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Lake Forest Park
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