Lake City, WA Housing Market

Homes for sale | City guide

The Lake City housing market is very competitive. Homes in Lake City receive 2 offers on average and sell in around 25 days. The median sale price of a home in Lake City was $515K last month, up 5.6% since last year. The median sale price per square foot in Lake City is $290, down 5.2% since last year.

Trends
Demand
Market Insights
Schools
Climate

Lake City Housing Market Trends

What is the housing market like in Lake City today?

$515K

Sale Price

+5.6%
since last year

$290

Sale $/Sq. Ft.

-5.2%
since last year

Under List Price

0.3%

Days on Market

Down Payment

41.2%

Total Homes Sold

To compare other locations to the Lake City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lakewood add value to a home.

Work with the best agents in Lake City

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Lake City housing market?

Lake City is very competitive. Homes sell in 25 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.

Compare With Nearby Neighborhoods

South Tacoma

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 8 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Home offer insights for Lake City

Explore recent offers and recently sold homes in Lake City

Recent offers

Winning Offer|
10 Weeks Ago
~$475K Offer
2 bd | 1 ba | ~1,000 sqft
Under List Price
6%
Days on Market
30
Competing Offers
0
Down Payment
~40%
Jessica Birch
Lake City Redfin Agent
Negotiated for a week on a listing that had been on the market for 25+ days in Lakewood. Sellers came down $15,000 off the $500,000 list price. …
More

View houses in Lake City that sold recently

Recently sold homes

SOLD DEC 10, 2024
$676,905 Last Sold Price
3 beds
2 baths
1,814 sq ft
10432 87th Avenue Ct SW, Lakewood, WA 98498
Katie Hira • GCH Puget Sound, Inc. GCH Puget Sound, Inc.
List Price
$669,900
Sale to List
1% over list
Days on Market
263 days
10432 87th Avenue Ct SW, Lakewood, WA 98498
SOLD NOV 25, 2024
$515,000 Last Sold Price
3 beds
2 baths
1,770 sq ft
11522 Military Rd SW Unit A & B, Lakewood, WA 98498
Michelle Harold • FirstPoint Real Estate LLC Theory Real Estate
List Price
$525,000
Sale to List
2% under list
Days on Market
159 days
11522 Military Rd SW Unit A & B, Lakewood, WA 98498
SOLD NOV 22, 2024
$375,000 Last Sold Price
3 beds
1 bath
1,598 sq ft
9542 Dekoven Dr SW, Lakewood, WA 98499
John Roof • Timber Real Estate Windermere Abode Lakewood
List Price
$375,000
Sale to List
0% over list
Days on Market
31 days
9542 Dekoven Dr SW, Lakewood, WA 98499
SOLD NOV 21, 2024
$493,000 Last Sold Price
3 beds
2 baths
1,220 sq ft
11701 Military Rd SW, Lakewood, WA 98498
Sharon Chambers-Gordon • Windermere Abode Lakewood eXp Realty
List Price
$485,000
Sale to List
2% over list
Days on Market
48 days
11701 Military Rd SW, Lakewood, WA 98498
SOLD BY REDFIN NOV 15, 2024
3D WALKTHROUGH
$637,500 Last Sold Price
4 beds
2.5 baths
1,938 sq ft
11708 Lake City Blvd SW, Lakewood, WA 98498
Redfin Windermere Abode
List Price
$644,950
Sale to List
1% under list
Days on Market
128 days
11708 Lake City Blvd SW, Lakewood, WA 98498
BOUGHT WITH REDFIN NOV 15, 2024
$485,000 Last Sold Price
2 beds
1 bath
1,014 sq ft
11610 Tower Rd SW, Lakewood, WA 98498
Better Properties UP/Fircrest Redfin
List Price
$499,000
Sale to List
3% under list
Days on Market
70 days
11610 Tower Rd SW, Lakewood, WA 98498
SOLD NOV 12, 2024
$405,000 Last Sold Price
3 beds
1.5 baths
1,424 sq ft
12302 Edgewood Ave SW, Lakewood, WA 98498
Lino Guidero • Realogics Sotheby's Int'l Rlty Mosaic Realty
List Price
$379,000
Sale to List
7% over list
Days on Market
55 days
12302 Edgewood Ave SW, Lakewood, WA 98498
SOLD NOV 12, 2024
VIDEO TOUR
$535,000 Last Sold Price
3 beds
2 baths
1,425 sq ft
60 W Shore Ave SW, Lakewood, WA 98498
Matt Hume • Windermere Prof Partners Better Properties UP/Fircrest
List Price
$535,000
Sale to List
0% over list
Days on Market
81 days
60 W Shore Ave SW, Lakewood, WA 98498
See all recently sold homes in Lake City.
See listings

Schools in Lake City

Learn about schools in the Lake City area

Elementary
Middle
High

GreatSchools Rating

6/10 Lake Louise Elementary School Public • PreK-5	481 Students	4 reviews
4/10 Custer Elementary School Public • PreK-5	267 Students	7 reviews
3/10 Idlewild Elementary School Public • PreK-5	443 Students	13 reviews
2/10 Park Lodge Elementary School Public • PreK-5	396 Students	8 reviews
NR Oak Grove Public • K-7	14 Students	N/A

Only showing 5 of 6 elementary schools.

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 City housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake City.

Heat Factor - Moderate

99% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Lake City

New Listings in Lake City

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Listings

City Listings

Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.