Why Live in Lake City
Lake City in Seattle is a vibrant neighborhood next to Lake Washington, offering a blend of residential, retail, and recreational amenities. Historically rich, the area has evolved from a remote settlement to a bustling community. Lake City is family-focused, with housing options including single-family homes, newly built condos, and waterside properties. Architectural styles range from bungalows and midcentury ranch-styles to split levels and Craftsman homes. The neighborhood is divided into subdivisions such as Victory Heights, Meadowbrook, Matthews Beach, Cedar Park, and Olympic Hills.
Lake City Way is the main commercial artery, featuring grocery stores like Fred Meyer and Safeway, as well as the seasonal Lake City Neighborhood Farmers Market. Dining options include Kaffeeklatsch Seattle, Hellbent Brewing Company, and Toyoda Sushi. For recreation, residents enjoy numerous green spaces, including Meadowbrook Playfield Park with its community garden, tennis courts, and public pool. Matthews Beach Park offers the largest freshwater beach in the city, while the Burke-Gilman Trail provides nearly 20 miles of pathways for pedestrians and cyclists.
The neighborhood is safer than the national average and is served by the Seattle Public School district. Highly rated schools include Cedar Park Elementary, Jane Addams Middle, and Nathan Hale High. Community events such as the Lake City Summer Festival and Parade, Egg Hunt, and Winterfest foster a strong sense of community. Commuters benefit from proximity to Interstate 5, just 2 miles away, and the King County Metro bus line. Major employers like Microsoft, Expedia, Starbucks, and Amazon are within commuting distance.
Home Trends in Lake City, WA
On average, homes in Lake City, Seattle sell after 20 days on the market compared to the national average of 52 days. The median sale price for homes in Lake City, Seattle over the last 12 months is $926,750, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$926,750
Median Single Family Sale Price
$946,000
Median Townhouse Sale Price
$577,500
Median 2 Bedroom Sale Price
$574,750
Median 1 Bedroom Sale Price
$270,000
Average Price Per Sq Ft
$552
Number of Homes for Sale
93
Last 12 months Home Sales
348
Median List Price
$899,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
