Lakewood, WA Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Lakewood, WA.

Average buy price
$336.00 / sqft

Typical residential purchase price per square foot.

Average rent
$2.10 / sqft / month

Monthly rent per square foot.

Median home price
$510,833

Estimated median residential sale price.

Median monthly rent
$1,600

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 12.3% over the last 5 years.

Rent price development

Rent prices have increased by about 19.2% over the last 5 years.

Submitted values in Lakewood

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-01 Rent multi-family home $1.49 / sqft 2,380 sqft $3,546 Clover Park 98499
2026-07-01 Rent townhouse $1.89 / sqft 1,410 sqft $2,665 Northeast Lakewood 98499
2026-06-28 Rent condo $2.11 / sqft 830 sqft $1,751 Lakeview 98499
2026-06-28 Rent townhouse $1.74 / sqft 1,505 sqft $2,619 Oakbrook 98498
2026-06-27 Buy condo $382.00 / sqft 1,180 sqft $450,760 Lake Steilacoom 98498
2026-06-27 Buy townhouse $341.00 / sqft 1,695 sqft $577,995 Gravelly Lake 98499
2026-06-26 Buy single-family home $287.00 / sqft 1,210 sqft $347,270 Tillicum 98439
2026-06-26 Rent single-family home $1.85 / sqft 1,890 sqft $3,497 American Lake 98498
2026-06-25 Rent apartment $2.31 / sqft 740 sqft $1,709 Lakewood Towne Center 98499
2026-06-20 Buy townhouse $304.00 / sqft 1,445 sqft $439,280 Central Lakewood 98499
2026-06-18 Buy single-family home $371.00 / sqft 1,960 sqft $727,160 North Lakewood 98498
2026-06-17 Rent loft $2.55 / sqft 520 sqft $1,326 Lakeview 98499
2026-06-15 Rent apartment $2.18 / sqft 455 sqft $992 Tillicum 98439
2026-06-11 Buy duplex $274.00 / sqft 2,380 sqft $652,120 Central Lakewood 98499
2026-06-11 Rent single-family home $1.58 / sqft 1,710 sqft $2,702 Lake City 98498
2026-06-10 Buy condo $312.00 / sqft 1,205 sqft $375,960 Oakbrook 98498
2026-06-07 Buy multi-family home $251.00 / sqft 4,450 sqft $1,116,950 Central Lakewood 98499
2026-06-07 Buy multi-family home $242.00 / sqft 3,920 sqft $948,640 Lakeview 98499
2026-05-31 Rent apartment $2.36 / sqft 650 sqft $1,534 Southgate 98499
2026-05-29 Rent loft $2.44 / sqft 585 sqft $1,427 Central Lakewood 98499
2026-05-26 Buy single-family home $301.00 / sqft 1,748 sqft $526,148 Clover Park 98499
2026-05-26 Buy townhouse $318.00 / sqft 1,320 sqft $419,760 Tillicum 98439
2026-05-26 Rent apartment $1.95 / sqft 610 sqft $1,190 Central Lakewood 98499
2026-05-25 Buy single-family home $315.00 / sqft 1,490 sqft $469,350 Lake City 98498
2026-05-22 Buy townhouse $333.00 / sqft 1,588 sqft $528,804 Northeast Lakewood 98499
2026-05-20 Rent apartment $1.82 / sqft 805 sqft $1,465 Springbrook 98499
2026-05-19 Buy single-family home $386.00 / sqft 2,250 sqft $868,500 Gravelly Lake 98499
2026-05-18 Rent duplex $1.62 / sqft 1,235 sqft $2,001 Tillicum 98439
2026-05-17 Rent luxury apartment $3.05 / sqft 870 sqft $2,654 Lake Steilacoom 98498
2026-05-17 Buy single-family home $339.00 / sqft 2,042 sqft $692,238 Northeast Lakewood 98499
2026-05-16 Buy single-family home $268.00 / sqft 1,388 sqft $371,984 Springbrook 98499
2026-05-16 Rent duplex $1.71 / sqft 1,560 sqft $2,668 Lakeview 98499
2026-05-11 Rent townhouse $1.96 / sqft 1,675 sqft $3,283 Gravelly Lake 98499
2026-05-10 Buy single-family home $365.00 / sqft 1,818 sqft $663,570 Oakbrook 98498
2026-05-09 Buy single-family home $418.00 / sqft 2,860 sqft $1,195,480 Lake Steilacoom 98498
2026-05-07 Buy condo $329.00 / sqft 882 sqft $290,178 Lakeview 98499
2026-05-06 Buy duplex $286.00 / sqft 2,600 sqft $743,600 Lake City 98498
2026-05-03 Buy single-family home $397.00 / sqft 2,145 sqft $851,565 American Lake 98498
2026-04-30 Rent apartment $2.28 / sqft 540 sqft $1,231 Southgate 98499
2026-04-27 Rent apartment $2.04 / sqft 695 sqft $1,418 Clover Park 98499
2026-04-23 Buy single-family home $352.00 / sqft 1,605 sqft $564,960 Oakbrook 98498
2026-04-22 Buy condo $345.00 / sqft 1,045 sqft $360,525 American Lake 98498
2026-04-20 Buy condo $425.00 / sqft 760 sqft $323,000 Lake Steilacoom 98498
2026-04-13 Buy condo $298.00 / sqft 935 sqft $278,630 Southgate 98499
2026-04-11 Rent condo $2.02 / sqft 965 sqft $1,949 Oakbrook 98498
2026-04-10 Rent luxury apartment $2.73 / sqft 780 sqft $2,129 Gravelly Lake 98499
2026-04-09 Rent luxury apartment $2.89 / sqft 990 sqft $2,861 American Lake 98498
2026-04-08 Rent condo $2.14 / sqft 1,120 sqft $2,397 Lake City 98498
2026-04-07 Rent single-family home $2.08 / sqft 2,240 sqft $4,659 Lake Steilacoom 98498
2026-04-06 Rent single-family home $1.76 / sqft 2,025 sqft $3,564 Oakbrook 98498
2025-12-12 Rent apartment $2.30 / sqft / month 875 sqft $2,013 Lakeview 98499
2025-05-16 Buy single-family home $338.00 / sqft 1,425 sqft $481,650 Tillicum 98439
2024-11-03 Rent condo $2.22 / sqft / month 1,010 sqft $2,242 Southgate 98499
2024-06-21 Buy single-family home $346.00 / sqft 1,985 sqft $686,810 North Lakewood 98498
2023-09-07 Rent townhouse $2.15 / sqft / month 1,390 sqft $2,989 American Lake 98498
2023-05-25 Buy condo $327.00 / sqft 1,560 sqft $510,120 Lakeview 98499
2022-10-19 Rent apartment $2.08 / sqft / month 680 sqft $1,414 Central Lakewood 98499
2022-06-03 Buy single-family home $335.00 / sqft 2,210 sqft $740,350 Lake Steilacoom 98498
2021-12-10 Rent single-family home $1.93 / sqft / month 1,180 sqft $2,277 Tillicum 98439
2021-04-17 Buy townhouse $301.00 / sqft 1,745 sqft $525,245 Oakbrook 98498
2020-09-28 Rent apartment $1.72 / sqft / month 920 sqft $1,582 Lakewood Towne Center 98499
2020-07-02 Buy single-family home $252.00 / sqft 1,490 sqft $375,480 Clover Park 98499
2019-11-15 Rent townhouse $1.66 / sqft / month 1,585 sqft $2,631 Oakbrook 98498
2019-05-06 Buy single-family home $236.00 / sqft 2,360 sqft $556,960 American Lake 98498
2018-10-23 Rent condo $1.59 / sqft / month 1,135 sqft $1,805 Northeast Lakewood 98499
2018-06-28 Buy single-family home $221.00 / sqft 1,810 sqft $400,010 Gravelly Lake 98498
2017-09-12 Rent apartment $1.51 / sqft / month 760 sqft $1,148 Clover Park 98499
2017-05-19 Buy townhouse $204.00 / sqft 1,265 sqft $258,060 Central Lakewood 98499
2016-12-01 Rent single-family home $1.42 / sqft / month 1,480 sqft $2,102 Lake City 98498
2016-07-14 Buy single-family home $184.00 / sqft 2,140 sqft $393,760 Lake Steilacoom 98498
2015-11-07 Rent townhouse $1.34 / sqft / month 1,090 sqft $1,461 Lakeview 98499
2015-04-22 Buy condo $166.00 / sqft 1,585 sqft $263,110 Oakbrook 98498
2014-10-31 Rent condo $1.28 / sqft / month 820 sqft $1,050 Oakbrook 98498
2014-05-08 Buy townhouse $151.00 / sqft 1,340 sqft $202,340 Southgate 98499
2013-09-25 Rent single-family home $1.21 / sqft / month 1,350 sqft $1,634 American Lake 98498
2013-06-20 Buy single-family home $138.00 / sqft 2,020 sqft $278,760 Lake City 98498
2012-12-13 Rent apartment $1.15 / sqft / month 1,025 sqft $1,179 Central Lakewood 98499
2012-03-27 Buy single-family home $126.00 / sqft 1,730 sqft $217,980 Northeast Lakewood 98499
2011-08-06 Rent apartment $1.10 / sqft / month 700 sqft $770 Tillicum 98439
2011-04-15 Buy condo $119.00 / sqft 1,190 sqft $141,610 Lakeview 98499
2010-11-19 Rent duplex $1.12 / sqft / month 1,220 sqft $1,366 Clover Park 98499
2010-06-04 Buy single-family home $128.00 / sqft 1,885 sqft $241,280 North Lakewood 98498
2009-10-02 Rent condo $1.08 / sqft / month 930 sqft $1,004 Oakbrook 98498
2009-04-24 Buy single-family home $139.00 / sqft 1,460 sqft $202,940 Springbrook 98499
2008-12-08 Rent townhouse $1.14 / sqft / month 1,150 sqft $1,311 Central Lakewood 98499
2008-05-12 Buy townhouse $158.00 / sqft 1,605 sqft $253,590 Tillicum 98439
2007-09-17 Rent apartment $1.18 / sqft / month 875 sqft $1,033 Southgate 98499
2007-03-30 Buy condo $174.00 / sqft 1,375 sqft $239,250 Lakeview 98499
2006-11-05 Rent single-family home $1.22 / sqft / month 1,460 sqft $1,781 Lake City 98498
2006-06-16 Buy single-family home $181.00 / sqft 2,300 sqft $416,300 American Lake 98498
2005-08-20 Rent duplex $1.16 / sqft / month 1,040 sqft $1,206 Northeast Lakewood 98499
2005-05-31 Buy single-family home $168.00 / sqft 1,880 sqft $315,840 Gravelly Lake 98498
2004-10-14 Rent apartment $1.09 / sqft / month 780 sqft $850 Clover Park 98499
2004-04-05 Buy townhouse $145.00 / sqft 1,540 sqft $223,300 Central Lakewood 98499
2003-12-18 Rent townhouse $1.05 / sqft / month 1,325 sqft $1,391 Oakbrook 98498
2003-07-25 Buy single-family home $132.00 / sqft 2,050 sqft $270,600 Lake Steilacoom 98498
2002-09-09 Rent condo $1.02 / sqft / month 900 sqft $918 Lakeview 98499
2002-04-12 Buy condo $121.00 / sqft 960 sqft $116,160 American Lake 98498
2001-10-21 Rent single-family home $0.96 / sqft / month 1,180 sqft $1,133 Tillicum 98439
2001-06-29 Buy single-family home $114.00 / sqft 1,760 sqft $200,640 North Lakewood 98498
2000-11-03 Rent apartment $0.92 / sqft / month 735 sqft $676 Southgate 98499
2000-05-16 Buy single-family home $107.00 / sqft 1,510 sqft $161,570 Clover Park 98499
1999-08-30 Rent duplex $0.88 / sqft / month 1,050 sqft $924 Lake City 98498
1999-03-24 Buy townhouse $89.00 / sqft 1,240 sqft $110,360 Lakeview 98499
1998-12-11 Rent apartment $0.81 / sqft / month 680 sqft $551 Central Lakewood 98499
1998-05-07 Buy single-family home $97.00 / sqft 1,650 sqft $160,050 Tillicum 98439
1997-09-18 Rent townhouse $0.83 / sqft / month 1,250 sqft $1,038 Oakbrook 98498
1997-02-28 Buy condo $84.00 / sqft 1,320 sqft $110,880 Northeast Lakewood 98499
1996-10-06 Rent condo $0.79 / sqft / month 960 sqft $758 American Lake 98498
1996-07-19 Buy single-family home $91.00 / sqft 2,100 sqft $191,100 Gravelly Lake 98498
1995-12-02 Rent apartment $0.75 / sqft / month 720 sqft $540 Lakeview 98499
1995-06-13 Buy townhouse $76.00 / sqft 1,175 sqft $89,300 Southgate 98499
1994-08-27 Rent single-family home $0.71 / sqft / month 1,100 sqft $781 Clover Park 98499
1994-04-09 Buy single-family home $81.00 / sqft 1,850 sqft $149,850 Oakbrook 98498
1993-11-15 Rent duplex $0.68 / sqft / month 850 sqft $578 Tillicum 98439
1993-05-22 Buy condo $68.00 / sqft 980 sqft $66,640 Lake City 98498
1992-09-04 Rent apartment $0.62 / sqft / month 620 sqft $384 Central Lakewood 98499
1992-03-18 Buy single-family home $73.00 / sqft 1,420 sqft $103,660 Lakeview 98499

Housing market overview for Lakewood, WA

The real estate market in Lakewood, WA can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $336.00 / sqft and an average rent of $2.10 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Lakewood?

The average residential buy price in Lakewood, WA is $336.00 / sqft based on the current values available on this page.

How much is rent per square foot in Lakewood?

The average rental price in Lakewood, WA is $2.10 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Lakewood increasing?

Buy prices have increased by about 12.3% over the last 5 years. Rent prices have increased by about 19.2% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.