Section Image

Lakewood

Lakewood

Located in Pierce County

$612,275 Average Value
$331 Average Price per Sq Ft
118 Homes For Sale

A city known for its parks and waterfronts

During its development, Lakewood earned a reputation as a retreat for Seattle royalty, attracting affluent crowds to its abundant lakes and country clubs. About 10 miles south of Tacoma, Lakewood retains that status today, offering lush gardens, golf courses and nature scenes like those at American Lake. With a population of 64,000, Lakewood is a diverse military-oriented city centered around Joint Base Lewis-McChord, the most extensive base in the western United States. "Lakewood is a proud community that supports and embraces its military families," says Robyn Rodriguez, Real Estate Agent at Realty One Group Turn Key with over 15 years of experience in Washington. "It's more suburban than Tacoma with city amenities and a diverse blend of young people, retired folks and multigenerational families."

Homes on the western coastline of North Lakewood offer picturesque views of American Lake.
Homes on the western coastline of North Lakewood offer picturesque views of American Lake.
North Lakewood offers amazing wooded trails and natural areas.
North Lakewood offers amazing wooded trails and natural areas.
Lakewood has a multitude of golf courses to get to know.
Lakewood has a multitude of golf courses to get to know.
Lakewood is home to JBLM, Washingtons biggest military base.
Lakewood is home to JBLM, Washingtons biggest military base.
1/4

Tall trees and Craftsman cottages near the base

Towering pine trees provide shade and dust the streets with red needles, while bushes and shrubs are classic landscaping features. Some of Lakewood's most desirable neighborhoods include Central Lakes, Oakbrook and South Lakes. Typical housing architecture includes Craftsman-style cottages and ranch-style homes, which can be single-, bi-level or elevated. The median price of a single-family home in Lakewood is $545,000. Most homes sell after 34 days on the market, compared to the national average of 44 days. Manufactured homes cost between $20,000 and $450,000, while townhouses go for $200,000 to $600,000. Condos range from $175,000 to $1.9 million for beachside units in the country club area beside American Lake. "There's a lot of potential for investment properties, and original houses can be preserved," Rodriguez says.

Lakewood also has a strong U.S. military presence. Just outside Lakewood is Joint Base Lewis-McChord, an Air Force and Army hub. Residents may be able to hear sounds coming from the base. "You can hear the 10 a.m. call, but they announce when they're doing firing drills," says Zachary Kolp, Real Estate Agent with RE/MAX Sound Properties. Joint Base Lewis-McChord employs about 65,000 civilian workers and military personnel. Other significant employers include Clover Park Technical College, Pierce Transit and Discover Books. Hundreds of people also work at the city's Amazon warehouse.

Lakewood homes are often surrounded by greenery and mature fir trees.
Lakewood homes are often surrounded by greenery and mature fir trees.
Quaint homes in Lakewood are often accompanied by large well manicured front lawns.
Quaint homes in Lakewood are often accompanied by large well manicured front lawns.
Go for a swim every morning from your private dock in Lakewood.
Go for a swim every morning from your private dock in Lakewood.
Large old growth trees surround Manitou Park in Lakewood.
Large old growth trees surround Manitou Park in Lakewood.
1/4

Head to American Lake or Tacoma Country & Golf Club

Lakewood has 14 parks, and some are among the premier outdoor spaces in the Tacoma area. Fort Steilacoom Park is a 340-acre campus with trails that wander through historic landmarks, flourishing gardens and athletic facilities. It also connects to American Lake Park, which has a sandy beach below a backdrop of Mount Rainier. American Lake has boat access. The STAR Center is a local community center known for Treetops Playground, a creative space with indoor and outdoor play structures. Lakewood is also the location of the Tacoma Country & Golf Club, while the Oakbrook Golf Club and the Meadow Park Golf Course are also both nearby.

Walk the Lakewood Farmers Market with friends for a relaxing afternoon.
Walk the Lakewood Farmers Market with friends for a relaxing afternoon.
The shoreline of North Lakewood has a ferry landing to cross the sound to Anderson Island.
The shoreline of North Lakewood has a ferry landing to cross the sound to Anderson Island.
Kiwanis Park offers plenty of greenspace in Lakewood to lay out and relax in Lakewood.
Kiwanis Park offers plenty of greenspace in Lakewood to lay out and relax in Lakewood.
Work on your game at the Tacoma Country and Golf Club in Lakewood.
Work on your game at the Tacoma Country and Golf Club in Lakewood.
1/4

Lakewold Gardens and Thornewood Castle

One of the area's more unique attractions is Lakewold Gardens, a 10-acre area with hedge-lined paths, statues and rare plant life by Gravelly Lake. This well-landscaped garden, built in the early 1900s, is a venue for community events. Fairy Fest celebrates garden fairies in June, while Mayfest spotlights Mother's Day activities in May. Also nearby is Thornewood, a Tudor Gothic-style castle built with 15th-century materials from England. While now used as a luxurious hotel, this castle was featured in scenes in both Stephen King's "Rose Red" movie and "The Haunting of Bly Manor," a Netflix limited series.

Take your family to All Hollow's Eve at Lakewoods historic Lakewold Gardens.
Take your family to All Hollow's Eve at Lakewoods historic Lakewold Gardens.
The 500 year old Thornewood Castle hosts events and overnight stays in Lakewood.
The 500 year old Thornewood Castle hosts events and overnight stays in Lakewood.
Go on a friend date to All Hollow's Eve in South Lakes.
Go on a friend date to All Hollow's Eve in South Lakes.
Admire the beautiful Lakewold Gardens in Lakewood.
Admire the beautiful Lakewold Gardens in Lakewood.
1/4

Diverse Clover Valley schools and local colleges

The Clover Valley School District serves about 12,500 students across the city, earning a B grade from Niche, which places it among the 10 most diverse districts in Washington. Frances Cabrini School is a private K-8 institution that receives an A grade. Pierce College Fort Steilacoom is a community college with two-year programs covering relevant industrial coursework geared toward military families in the area. Clover Park Technical College is another option with accredited nursing, cybersecurity and aviation programs.

Saint Frances Cabrini School offers Lakewood kids an option for private eduction.
Saint Frances Cabrini School offers Lakewood kids an option for private eduction.
Clover Park Technical College offers locals a good higher education option.
Clover Park Technical College offers locals a good higher education option.
Clover Park Technical College is centrally located in Lakwood.
Clover Park Technical College is centrally located in Lakwood.
Clover Park High School serves the Lakewood Area.
Clover Park High School serves the Lakewood Area.
1/4

Various cuisines at South Tacoma Plaza and Lakewood Towne Center

Lakewood has vibrant and bustling sectors, including over 165 restaurants and some of the area's most convenient retail areas. Lakewood Towne Center is a gleaming plaza with outlet stores. South Tacoma Plaza is another area with bubble tea shops and various restaurants. Local eateries include Korean, Japanese and Vietnamese cuisines, while prominent international restaurants include Bruno's European Restaurant and Ho Soon Yi. The city also has several supermarkets, such as Safeway and H Mart, a popular Korean grocery store.

Safeway in Lakewood provides locals with essentials and groceries.
Safeway in Lakewood provides locals with essentials and groceries.
Ho Soon Yi Tofu in NE Lakewood serves incredible Korean Fare.
Ho Soon Yi Tofu in NE Lakewood serves incredible Korean Fare.
Stop by H Mart for Groceries in Lakewood.
Stop by H Mart for Groceries in Lakewood.
South Tacoma Village offers Lakewood residents a diverse range of retail and dining options.
South Tacoma Village offers Lakewood residents a diverse range of retail and dining options.
1/4

Getting to Tacoma and Seattle

The Pierce Transit bus system serves Lakewood, and the Runner service provides pickups through a rideshare-style app with a $2 rate. The Lakewood Train Station provides a Sound Transit commuter light rail, typically reaching Tacoma in about 20 minutes or Seattle in just over an hour. Interstate 5 also borders the city. The center of Tacoma is around 10 miles north on I-5. Seattle is roughly 40 miles north. The Seattle-Tacoma International Airport is about 32 miles north for worldwide travel.

The Sounder Train provides Lakewood Locals with access to the surrounding area.
The Sounder Train provides Lakewood Locals with access to the surrounding area.
Lakewood residents have access to the Pierce Transit bus system.
Lakewood residents have access to the Pierce Transit bus system.
Sound Transit provides Lakewood with access to the surrounding areas.
Sound Transit provides Lakewood with access to the surrounding areas.
Park at Lakewood Station and take the train or bus to work.
Park at Lakewood Station and take the train or bus to work.
1/4

Declining crime and a warm-summer climate

In 2023, FBI crime data shows a violent crime rate of 190 and a property crime rate of 367, both out of 100,000 people. While higher than the national average, Lakewood's crime has steadily declined since the early 2000s.

Lakewood experiences a warm-summer Mediterranean climate, with summers typically below 75°F and winters above 40°F.

Jackson Hardy
Written By
Jackson Hardy
Noah Lubin
Photography Contributed By
Noah Lubin
Austin Lewis
Video By
Austin Lewis

Interested in learning more about homes in this area? Reach out to Brent Wolters, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Lakewood Housing Trends

Housing Trends

Median List Price
$549,000
Median Sale Price
$522,000
Median Single Family Sale Price
$557,625
Median Townhouse Sale Price
$990,000
Median 2 Bedroom Sale Price
$279,497
Median Change From 1st List Price
0%
Last 12 months Home Sales
503
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$331

Area Facts

Number of Homes in Neighborhood
13,136
Number of Homes for Sale
118
Median Year Built
1963
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,886
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,985
Average 2 Bedroom Size Sq Ft
1,316
Average 1 Bedroom Size Sq Ft
571
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, Sep 20
    Open Sat 1PM - 3PM

    8921 Commercial St SW, Lakewood, WA 98498

    $387,499

    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft
    • 8921 Commercial St SW

    Welcome to this 3-bedroom, 2-bath home with ideal access to lakeside fun. Across the street, enjoy grassy areas, sports courts, a playground, walking trails, and designated spots for fishing and swimming—perfect for quick trips home to your private shower. The main floor features a bedroom with walk-in closet and full bath; upstairs, you'll find a second full bath and two spacious bedrooms with

    Agent Photo
    DiNero Williams
    Windermere Central Sound
    (253) 345-4129
    Section Image
    Section Image
  • Saturday, Sep 20
    Open Sat 11AM - 2PM

    5007 81st St SW, Lakewood, WA 98499

    $700,000

    • 4 Beds
    • 2.5 Baths
    • 2,795 Sq Ft
    • 5007 81st St SW

    Beautiful home in gated community at Creekside Estates with 3 bedrooms upstairs, a bonus room that can be used as a 4th living space or a multi purpose room, and downstairs there is an office by the entry. Features high ceilings, fireplace, dining area along with a cozy living room for movies, and a shelved walk-in pantry. Master suite includes full bath and wide walk-in closet. Enjoy a

    Joshua Yi
    eXp Realty
    (253) 785-8128
    Section Image
    Section Image
  • Saturday, Sep 20
    Open Sat 12PM - 3PM

    7102 88th Avenue Ct SW, Lakewood, WA 98498

    $483,000

    • 3 Beds
    • 2 Baths
    • 1,533 Sq Ft
    • 7102 88th Avenue Ct SW
    • New 16 hours ago

    Welcome to this beautiful 3-bedroom condo in highly coveted Chambers Gardens, a community where properties rarely hit the market. This beautifully maintained, single-level home offers peace and serenity, featuring a gated entry and a state-of-the-art home security system for ultimate comfort and safety. Situated on a desirable corner lot, the condo is in pristine condition, reflecting the

    Mike Larson COMPASS

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Lakewood

Property Mix - Square Feet

Lakewood Has More Renters

Demographics

Total Population
66,673
Median Age
38
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%

Finances

Median Household Income
$66,721
Below the national average
$71,702
Average Household Income
$89,505

Education and Workforce

High School Graduates
88.6%
College Graduates
24.8%
Below the national average
34.1%
Advanced Degrees
7.6%
Below the national average
13.3%
% Population in Labor Force
62.1%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
37°F
Average Summer High Temperature
77°F
Annual Snowfall
2''

Area Factors

Bikeable

Bike Score®®

50 / 100

Somewhat Walkable

Walk Score®®

62 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lakewood