The story of this market
The typical home in ZIP 98498 sells for about $537,500, or $303 per square foot.
Prices are down 2.7% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,760 a month.
ZIP 98498 — Lakewood
The 98498 housing market is currently experiencing a slight cooling trend with a year-over-year decline in price per square foot. While inventory remains limited, the market is seeing a higher median days on market compared to broader regional trends, suggesting a more cautious buyer environment.
Median prices moved down 2.7% year over year.
Homes spend a median of 35 days on market with 3.3 months of supply — a fast-moving market.
34% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 7.2% — a stable, low-distress profile.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98498, Pierce County WA
Data retrieved from Census Bureau ZCTA-level tables.
- Wild Waves Theme and Water Park3.913.9 mi
- Round1 Bowling & Arcade - Puyallup3.812.3 mi
- Dave & Buster's3.917.6 mi
- Sky Zone Trampoline Park4.25.8 mi
- Catapult Adventure Park Puyallup3.913.6 mi
- Washington State Fair Event Center4.312.6 mi
- Tacoma Dome4.18.1 mi
- Wild Waves Theme and Water Park3.913.9 mi
- Cheney Stadium4.75.9 mi
- Emerald Downs4.519 mi
- Washington State Fair Event Center4.312.6 mi
- Point Defiance Zoo & Aquarium4.59.9 mi
- Nisqually Red Wind Casino412.4 mi
- Chambers Bay Golf Course4.72.5 mi
- Point Defiance Park4.710 mi
- Hands On Children's Museum4.817.7 mi
- Museum of Glass4.58.2 mi
- LeMay - America’s Car Museum4.77.9 mi
- Children's Museum of Tacoma4.68.3 mi
- Tacoma Art Museum4.68.2 mi
- Chambers Bay Golf Course4.72.5 mi
- Point Defiance Park4.710 mi
- Sprinker Recreation Center4.56.5 mi
- Dash Point State Park4.512.6 mi
- Point Ruston4.79.6 mi
- Boston Harbor Marina4.416.2 mi
- Swantown Marina & Boatworks4.617.5 mi
- Tacoma Yacht Club4.710.1 mi
- Point Defiance Marina4.710.1 mi
- City of Des Moines Marina4.519.7 mi
- Chambers Bay Golf Course4.72.5 mi
- The Home Course4.66.3 mi
- Meadow Park Golf Course4.53.1 mi
- Eagle's Pride Golf Course & Simulator47.5 mi
- Allenmore Golf Course4.36.6 mi
- Tacoma Mall4.15.6 mi
- South Hill Mall4.112.5 mi
- WinCo Foods4.35.2 mi
- Metropolitan Market Tacoma4.68 mi
- Lakewood Towne Center4.22.2 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.422.9 mi
- King County International Airport - Boeing Field4.528.4 mi
- The Club SEA2.722.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Private golf and social club located within the ZIP.
Key-figure check: median price diverges 20.9% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $649,999 (+20.9% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.