Lakewood, WA 98499 - Real Estate Investment Insights & Performance Data

Welcome to our 98499 real estate data hub, tailored for investors in Lakewood, WA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 98499 in Lakewood, WA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in PIERCE COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Lakewood, WA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lakewood property market.

• Location Overview

  • Zip Code: 98499
  • City: Lakewood
  • State: WA
  • Metro Area: Seattle-Tacoma-Bellevue, WA
  • County Name: PIERCE COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $448,653
  • Average Home Price (Single Family Homes): $452,613
  • Average Monthly Rental Price (All Types): $1,680
  • Price-to-Rent Ratio: 22
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,420
  • Average 3 Bedroom Section 8 Rental Rates: $2,020
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 26.33
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.51
  • Number of Units Offered in Section 8 in the County: 1712
  • Number of Occupied Units in Section 8 in the County: 1652
  • Percentage of Section 8 Units Occupied in the County: 96.5%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 378.74
  • Total % Appreciation since 2000 (Government Data): 221.17
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.03%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -3.54%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.88%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.11%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 132.45%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.89%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 129.48%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.17%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.51%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%