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Area data

Lakewood center, WA — ZIP 98499

Population: 32,464 (Census ACS)

Home values & appreciation

Median home value
$485,917
1-year appreciation
+0.1%
3-year appreciation
+4.5%
5-year appreciation
+9.9%
10-year appreciation
+107.9%
All-time peak (2025-02)
$495,767
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$504,000
Median list price
$477,000
Median days on market
11 days
Sale-to-list ratio
99.8%
Active listings
47
1-year forecast
-0.4%
New listings (monthly)
27

Rents

Typical rent
$1,704/mo
1-year rent change
+0.4%
1BR fair-market rent
$1,354/mo
3BR fair-market rent
$2,183/mo

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
11
Elementary schools
5
Middle schools
1
High schools
4

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
avalanche, coldWave, earthquake, heatWave, iceStorm
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
42.6 in
Annual snowfall
12.9 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
273
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
15.8 / 20
Transit service frequency
465

Amenities

National parks within ~60 mi
3
Nearest national park
Klondike Gold Rush - Seattle Unit National Historical Park (31 mi)
Nearest airport
McChord Air Force Base (TCM) (3 mi)
Nearest major airport
McChord Air Force Base (TCM) (3 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
5.0 / 5
Solar radiation rating
Poor (3.4 kWh/m²/day)

Migration

Net migration
+242 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$4,217
Mean commute to work
27 min
Households with broadband internet
75.7%

Employment & development

Total county employment
272,091
Average weekly wage
$1,222
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,729

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents