The Steel Lake housing market is very competitive. The median sale price of a home in Steel Lake was $795K last month, up 38.0% since last year. The median sale price per square foot in Steel Lake is $304, up 4.1% since last year.
What is the housing market like in Steel Lake today?
$795K
Sale Price
+38.0% since last year
$304
Sale $/Sq. Ft.
+4.1% since last year
Over List Price
1.5%
Days on Market
25
Down Payment
5.0%
Total Homes Sold
11
To compare other locations to the Steel Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Federal Way 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 Steel Lake housing market?
Steel Lake is very competitive. Homes sell in 25 days.
0
100
74
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 6 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 25 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Internet Academy
Public • PreK-12 • Choice school
243
Students
5 reviews
2/10
Wildwood Elementary School
Public • PreK-5
601
Students
2 reviews
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 Steel Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Steel Lake.
Risk Factor
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Steel Lake has a minimal risk of flooding impacting the community over the next 30 years.