Lakewood Market Overview

The median home value in Lakewood is $318,900. Lakewood home values have gone up 8.1% over the past year and experts predict they will rise 7.6% within the next year. The median list price per square foot in Lakewood is $202, which is lower than the Seattle-Tacoma-Bellevue Metro average of $277. The median price of homes currently listed in Lakewood is $307,501 while the median price of homes that sold is $297,900. The median rent price in Lakewood is $1,725, which is lower than the Seattle-Tacoma-Bellevue Metro median of $2,250.


Shopping Center and Easy Access to I-5

The commercial center of Tacoma is in The South End. The Lakewood Towne Center features popular shopping and dining options. You can also find a 24-hour fitness center and a theater here. The Tacoma Mall is just to the North with plenty of name brand shopping provided by top retailers. Costco is nearby for those looking for great prices on bulk items.

A hidden gem across the street from the Tacoma Mall on 38th is Marlene’s Market and Deli. A local favorite that serves delicious homemade organic fare for lunch and lots of beautiful organic local produce.

On the East side of I-5 along 38th, you will find the Asian District which offers a variety of dining options. Thai, Indonesian, Vietnamese and more cuisines can be sampled here. Stanley and Seaforts is a Tacoma tradition, perched above Tacoma overlooking the entire city. Along Highway 7 you will see a busy commercial area with great places to eat and shop along the way.

Wapato park is a great place to spend the day. It features a woodland area, a lake, walking trail & dog park, plus a historic pergola.

You can choose between new developments and older custom homes located along busy streets and quiet cul-de-sacs.  A little bit of everything for everybody can be found in The South End.

If you’re ready to take the first step in owning a home in this incredible area, fill out the form below and I’ll get back to you as soon as possible.

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