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Lakeland South, WA real estate

Compare top Lakeland South real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lakeland South real estate Market Report.

Information and statistics on the latest trends in the Lakeland South real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$704K
+1.7% from Q1 '26
Median list price
$694K
-4.3% from Q1 '26
Active listings
59
+51% from Q1 '26
Homes sold
27
+13% from Q1 '26
New pendings
33
+22% from Q1 '26
New listings
46
+48% from Q1 '26

Quarterly Pricing Trends for Lakeland South

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Lakeland South Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $533K Median sale price in Jul 2021 - Sep 2021: $550K Median sale price in Oct 2021 - Dec 2021: $600K Median sale price in Jan 2022 - Mar 2022: $683K Median sale price in Apr 2022 - Jun 2022: $750K Median sale price in Jul 2022 - Sep 2022: $580K Median sale price in Oct 2022 - Dec 2022: $573K Median sale price in Jan 2023 - Mar 2023: $593K Median sale price in Apr 2023 - Jun 2023: $610K Median sale price in Jul 2023 - Sep 2023: $650K Median sale price in Oct 2023 - Dec 2023: $560K Median sale price in Jan 2024 - Mar 2024: $632K Median sale price in Apr 2024 - Jun 2024: $655K Median sale price in Jul 2024 - Sep 2024: $610K Median sale price in Oct 2024 - Dec 2024: $650K Median sale price in Jan 2025 - Mar 2025: $704K Median sale price in Apr 2025 - Jun 2025: $712K Median sale price in Jul 2025 - Sep 2025: $690K Median sale price in Oct 2025 - Dec 2025: $700K Median sale price in Jan 2026 - Mar 2026: $692K Median list price in Apr 2021 - Jun 2021: $567K Median list price in Jul 2021 - Sep 2021: $575K Median list price in Oct 2021 - Dec 2021: $535K Median list price in Jan 2022 - Mar 2022: $687K Median list price in Apr 2022 - Jun 2022: $689K Median list price in Jul 2022 - Sep 2022: $602K Median list price in Oct 2022 - Dec 2022: $585K Median list price in Jan 2023 - Mar 2023: $625K Median list price in Apr 2023 - Jun 2023: $700K Median list price in Jul 2023 - Sep 2023: $580K Median list price in Oct 2023 - Dec 2023: $565K Median list price in Jan 2024 - Mar 2024: $696K Median list price in Apr 2024 - Jun 2024: $639K Median list price in Jul 2024 - Sep 2024: $675K Median list price in Oct 2024 - Dec 2024: $672K Median list price in Jan 2025 - Mar 2025: $736K Median list price in Apr 2025 - Jun 2025: $688K Median list price in Jul 2025 - Sep 2025: $710K Median list price in Oct 2025 - Dec 2025: $652K Median list price in Jan 2026 - Mar 2026: $725K Apr 2021 - Jun 2021 Median sale price $533K Median list price $567K Jul 2021 - Sep 2021 Median sale price $550K Median list price $575K Oct 2021 - Dec 2021 Median sale price $600K Median list price $535K Jan 2022 - Mar 2022 Median sale price $683K Median list price $687K Apr 2022 - Jun 2022 Median sale price $750K Median list price $689K Jul 2022 - Sep 2022 Median sale price $580K Median list price $602K Oct 2022 - Dec 2022 Median sale price $573K Median list price $585K Jan 2023 - Mar 2023 Median sale price $593K Median list price $625K Apr 2023 - Jun 2023 Median sale price $610K Median list price $700K Jul 2023 - Sep 2023 Median sale price $650K Median list price $580K Oct 2023 - Dec 2023 Median sale price $560K Median list price $565K Jan 2024 - Mar 2024 Median sale price $632K Median list price $696K Apr 2024 - Jun 2024 Median sale price $655K Median list price $639K Jul 2024 - Sep 2024 Median sale price $610K Median list price $675K Oct 2024 - Dec 2024 Median sale price $650K Median list price $672K Jan 2025 - Mar 2025 Median sale price $704K Median list price $736K Apr 2025 - Jun 2025 Median sale price $712K Median list price $688K Jul 2025 - Sep 2025 Median sale price $690K Median list price $710K Oct 2025 - Dec 2025 Median sale price $700K Median list price $652K Jan 2026 - Mar 2026 Median sale price $692K Median list price $725K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Lakeland South is currently tilted toward sellers, with the market gauge indicating a seller’s market. Months of supply sit at 2.8 in the latest rolling three-month period, well below the roughly 4-to-6-month range that would suggest balance. Homes are still moving at a moderate pace, taking a median of 16 days to go under contract.

Price trends show a relatively stable backdrop for this seller-leaning market. The typical home value over the latest three-month window is about $703,500, down a few percent compared with a year ago, while the median list price is nearly flat year over year. At the same time, the share of homes selling above list has eased slightly to about 39 percent, and the average sale-to-list ratio is just over 100 percent, indicating that most properties are trading very close to asking prices.

Underlying supply-and-demand dynamics help explain this setup. Active listings are down roughly one-quarter from a year ago, and new listings have fallen more than 20 percent, limiting options for buyers even as sales and pending contracts have also declined year over year. Compared with last spring, homes are taking longer to sell, but more than half still go off the market within two weeks, pointing to solid demand where pricing is right. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to connect with a Lakeland South agent who knows how to work this market from either side.



Learn more about what Lakeland South has to offer.

Lakeland South offers residents a friendly, family-oriented community with parks, good schools, convenient local amenities, and easy access to major destinations for work and recreation.

Lakeland South feels distinct from nearby Auburn and Federal Way because it combines quiet residential streets and lake access with quick connections to major job centers. Many homes sit near wooded greenbelts or water, creating a relaxed pace that still keeps everyday errands close at hand.

At the heart of the community, Lake Killarney and Lake Geneva Park offer fishing spots, play areas, and walking paths. Retail, groceries, and dining cluster along nearby corridors, while larger options in King County are only a short drive away. Residents often spend weekends at Wild Waves Theme & Water Park or exploring regional trails and viewpoints around Tacoma.

Families value local schools served by the Federal Way Public Schools district and the area’s commuter access to I‑5 and Highway 18. The nearby Federal Way Community Center and King County Library System branches expand recreation, fitness, and learning options without sacrificing Lakeland South’s more tucked‑away feel.

For buyers, understanding micro‑differences between lakefront, view, and interior streets is essential to moving quickly in a competitive market. For homeowners, timing improvements and pricing with current demand can significantly impact results. Agent Pronto connects both buyers and sellers in Lakeland South with the right local real estate professional so they can prepare, strategize, and take advantage of the market when the moment is right.

Find your Lakeland South real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“For the past 10 years, Jim Aklin has been our trusted realtor for both buying and selling homes, and I can confidently say I wouldn’t trust anyone else. His knowledge of the real estate industry is exceptional, and he has an incredible ability to understand any market and create the right strategy for success. Our most recent experience with Jim was selling our condo in April 2026. Even in a slower market, with multiple similar condos competing against ours, Jim’s expertise made all the difference. He provided valuable staging recommendations, priced our home correctly, and within just 30 days found a couple who purchased our condo at the price we were hoping for. What truly sets Jim apart is his personal approach. He genuinely cares about his clients and brings a level of trust, communication, and dedication that makes the entire process seamless. Hands down, the best buying and selling experiences we’ve had, and I can’t recommend him highly enough.”

Matt and Kaaren McMaster · Bonney Lake, WA

Photo of Jim Acklin
Keller Williams Realty
“Lian was an amazing realtor! What a great find! We are moving to Seattle from Baltimore, and we were able to easily connect with Lian and trusted him from the start. All of our showings had to be on FaceTime, and Lian did a wonderful job showing us everything he could from 3,000 miles away! We fell in love with a house, he helped us through the closing process, and we had confidence in him every step of the way. We will absolutely use Lian again if we move, but since he helped us find such a perfect house, we hopefully won't need to! I would absolutely recommend Lian to anyone!”

Elanor West · Seattle, WA

Photo of Lian Chavda
Century 21 North Homes Realty
“Tanner was exactly what anyone should look for in an Agent. Timely, responsive, knowledgeable and most importantly honest. He will never guide homebuyers in the wrong direction. He cares about his clients, and his actions always show it. 10/10 would recommend Tanner to anyone and everyone”

JD Lee · Bonney Lake, WA

Photo of Tanner Morris
John L. Scott Real Estate
“We just celebrated our first month since closing on our condo in Point Ruston, WA. Nikki was instrumental and amazing to work with throughout the entire purchase process - and somehow made the whole experience smooth and seamless. She was quick to respond to our many emails/texts and always answered our calls. Additionally, she made it a priority to give us frequent updates while working through the underwriting process and really worked hard to get us answers quickly to the many questions we had as they came up. I highly recommend Nikki for anyone wanting to work with a realtor who is professional, clearly cares about representing her clients, and will go above and beyond to help them through the entire home buying process.”

Alexander O. · Tacoma, WA

Photo of Nikki Nand
RE/MAX Northwest
“Kristen Johnson was beyond knowledgable concerning the sale of my property. Always available and easy to communicate with. Always willing to assist with anything that came up during the process. I would strongly recommend her to any friends looking to buy or sell a property in our areas. And ifthe need arises she would be the first one I would call.”

Ken Vining · Silverdale, WA

Photo of Kristen Johnson
EXP Realty
“As first-time home buyers, Andrey made sure we were well taken care of. He was very informative and communicative through every step of the way and continues to be. We will definitely use Andrey in our journeys to come! Highly recommend.”

Evelyn T. · Duncanville, TX

Photo of Andrey Gulchuk
Real Broker LLC
“Tanya was exceedingly helpful and kind and patient. She was very efficient, and on time. She was able to help me with everything I asked.”

Jane G. · Tacoma, WA

“Mark was an excellent realtor! Professional, courteous and hands on! He went above and beyond to sell my house!!”

George M. · SeaTac, WA

Photo of Mark  Powers
RE/MAX Integrity
“Mrs. Coutu was very thorough and knowledgeable on the latest real estate market...fought hard and was able to get the best deal for everyone involved on both sides of the home sale. I would definitely use or recommend Lara again in the future for realtor needs in the Pacific Northwest. Thank you for such a professional yet personal touch to the selling of my home. Her work was excellent with class, very refreshing and all satisfied here. Keep up the great work! ”

Mark M. · Olympia, WA

Photo of Gary Coutu
Blue Summit Realty
“Constantly kept me informed, answered questions, made helpful recommendations, assisted me with problems when I was not able to be there, and made adjustments to help me close. Highly recommend Agent Pronto and Rebecca Del Pozo! ”

Roy & Marie G. · Lacey, WA

Photo of Rebecca  Del Pozo
Keller Williams Keller Wiliams Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lakeland South. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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