The Lakes, WA Housing Market

$414,768

4.0% 1-yr

The average The Lakes, WA home value is $414,768, down 4.0% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

The Lakes Key Takeaways

Typical Home Values: $414,768

1-year Value Change: -4.0%

(Data through November 30, 2025)

The Lakes Housing Market Overview

--1-year Market Forecast

19For sale inventory(November 30, 2025)

--New listings(November 30, 2025)

--Median sale to list ratio

--Median sale price(October 31, 2025)

--Median list price(November 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Riverview$502,424
West Hill$573,008
Pacific Ridge$304,466
Mill Creek$512,329
South Des Moines$564,538
Saltair Hills$492,070
North Central--
Scenic Hill$632,141
Central Des Moines$618,605

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The Lakes Rental Market Trends

--Average rent in The Lakes

$1,925National average rent(November 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.