Foreclosure Homes in Lakewood, WA

Buyer vs Seller Market in Lakewood, WA

The real estate market in Lakewood, WA, has been steadily growing, with a notable increase in property values over the past year. The demand for housing has risen as more buyers search for homes in the area, resulting in competitive bidding situations for desirable properties.

Currently, homes in Lakewood are selling at an average of 5% higher than the previous year, indicating a strong market. The community is seeing growth in new developments, with several residential projects underway that promise to meet the needs of the increasing population.

Rent Prices In Lakewood, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakewood, WA, is on a rollercoaster ride. The average rent price in Lakewood, WA, is $1,592.00. Indeed, when looking to rent in Lakewood, WA, you can expect to pay as little as $590.00 or as much as $4,380.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Lakewood, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.