What is the median sale price in Lakewood?

The current median sale price in the Lakewood zip code is $740K ($476 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Lakewood run Single-family $750K–$1.2M, view and updated homes $1.2M–$1.6M.

How competitive is the Lakewood real estate market right now?

Median days-on-market in Lakewood is currently 26 days, with 264 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.

Which schools serve Lakewood?

Seattle Public Schools; Hawthorne or Graham Hill Elementary, Mercer Middle School, Franklin or Rainier Beach High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.

How do I buy or sell a home in Lakewood?

RexMont's agents represent buyers and sellers across Lakewood and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Lakewood real estate.

South Seattle pocket near Seward Park.

Median sale price: $740K
Days on market: 26
Active listings: 264

Talk to a Lakewood specialist Get my home value

Lakewood South Seattle residential neighborhood near Seward Park with craftsman homes and mature maples

About Lakewood

Lakewood is a small South Seattle neighborhood between Columbia City and Seward Park, with quiet residential streets and easy access to the Lake Washington shoreline. The northern end blends into Columbia City's commercial core.

Housing is largely mid-century single-family and some Craftsman on standard lots, with view homes on the higher streets toward Seward Park. Buyers come for the combination of South Seattle pricing and quick walks to the lake.

Median Sale Price

$740K

$476/sqft · 26 days on market

264 active listings · updated May 2026

Schools

Seattle Public Schools; Hawthorne or Graham Hill Elementary, Mercer Middle School, Franklin or Rainier Beach High School

Commute

Columbia City Link station ~5 min drive. 15 min to downtown via I-5 or Light Rail.

Buying in Lakewood?

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Active homes for sale in Lakewood

Live NWMLS listings in Lakewood (zip 98118), refreshed hourly.

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Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.

Common questions about Lakewood real estate

What is the median sale price in Lakewood?: The current median sale price in the Lakewood zip code is $740K ($476 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Lakewood run Single-family $750K–$1.2M, view and updated homes $1.2M–$1.6M.
How competitive is the Lakewood real estate market right now?: Median days-on-market in Lakewood is currently 26 days, with 264 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.
Which schools serve Lakewood?: Seattle Public Schools; Hawthorne or Graham Hill Elementary, Mercer Middle School, Franklin or Rainier Beach High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from Lakewood?: Columbia City Link station ~5 min drive. 15 min to downtown via I-5 or Light Rail.
How do I buy or sell a home in Lakewood?: RexMont's agents represent buyers and sellers across Lakewood and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Nearby Seattle neighborhoods

Considering Lakewood? Buyers commonly compare it against these adjacent Seattle neighborhoods.

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