Pierce County's Second City

Apartments in Lakewood, WA

Welcome to Lakewood, Pierce County's second-largest city—a South Sound community beside Joint Base Lewis-McChord with lakeside parks, transit access, and a short commute to Tacoma.

Lakewood is a city in Pierce County, Washington, positioned along Interstate 5 immediately south of Tacoma, within the greater Seattle-Tacoma metropolitan area. With about 63,600 residents, it is the second-largest city in the county, though its incorporation is relatively recent: after several earlier attempts were rejected at the ballot, voters approved cityhood in 1995, and Lakewood incorporated in 1996. The city functions as a suburban bedroom community for Tacoma, Fort Lewis, and the broader South Sound. The city's defining relationship is with Joint Base Lewis-McChord. Lakewood adjoins the McChord Air Force Base portion of the installation, and the military's presence shapes the local population, economy, and schools. Nearly a third of students in the Clover Park School District are military-connected, and the city is home to a significant number of active-duty families, veterans, and defense-related workers. This gives Lakewood a more transient, diverse, and civic-minded character than a typical suburb of its size. Lakewood's landscape is notable for its lakes and parkland. American Lake, the largest natural lake in Pierce County, lies partly within the city and adjoins the base, while Fort Steilacoom Park offers more than 340 acres of trails, sports fields, and restored prairie. Lakewold Gardens adds a formal, ten-acre garden, and Harry Todd Park provides lakefront access in the Tillicum neighborhood. Neighborhoods range from the military-adjacent Tillicum area to established subdivisions such as Oakbrook, with a housing stock of mid-century single-family homes and a growing share of apartments. Sound Transit commuter rail at Lakewood Station and Pierce Transit bus service tie the city into the regional network. For buyers and renters seeking a South Sound address with transit, parks, and proximity to both Tacoma and the base, Lakewood is a practical and established choice.

Real Property Associates, Inc.
Real Property Associates, Inc. Real Property Associates, Inc.

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Listings 277
Population 63,612
County Pierce

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 17
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $520,000 -5.5%
square_foot Price per Sq Ft $326
schedule Avg Days on Market 34
sell Homes Sold 153
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 4.3

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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