Lakeland North, WA real estate
Buying or selling a home, condo, or piece of land in Lakeland North? Here is what the community's housing actually looks like, and how to reach Isaac Ortiz about it.
Lakeland North housing snapshot
| Population | 14,664 | |
|---|---|---|
| Median home value | $501,600 | Owner-reported |
| Median household income | $111,681 | |
| Detached houses | 77.4% | Share of all housing units |
| Townhomes / attached | 7.1% | |
| In buildings of 2+ units | 13.5% | Condos and apartments alike |
| Manufactured homes | 2% | |
| Owner-occupied | 74.2% | |
| Median year built | 1978 | |
| Vacancy rate | 1.1% |
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023). Tables B25077, B01003, B25003, B25024, B25035, B19013, B25002. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
What the numbers mean for a buyer or seller
The median owner-reported home value in Lakeland North is $501,600.
That is 38% below the King County median of $811,200. Median household income is $111,681, 9% below the county's $122,148.
Detached houses make up 77.4% of homes in Lakeland North, with 13.5% in multi-unit buildings and 7.1% attached single-family. The stock leans to houses without being exclusively houses.
74.2% of occupied homes are owner-occupied - a fairly even ownership-to-rental split.
Half of Lakeland North's homes were built in 1978 or earlier, so a large share predates modern energy codes - worth leaving time in the inspection for the roof, the electrical, and the plumbing.
Lakeland North is 14,664 people, big enough for a steady flow of comparable sales. Vacancy is 1.1% - very tight, and a fair warning that anything listed here moves quickly.
Selling in Lakeland North
74.2% of homes here are owner-occupied, so most sales are people moving on rather than investors trading. Buyers in that market are usually comparing your home against a small number of others, and presentation moves the number more than it does in a high-turnover area.
For pricing context, the midpoint of Lakeland North homes is $501,600, and the area sits about 3.3 miles off the Seattle-Bellevue-Tacoma spine - usually the first thing a buyer's agent checks when they push back on a list price.
Half the homes here were built in 1978 or earlier, so buyers and their inspectors arrive expecting questions about the roof, the electrical and the sewer line. Knowing those answers before you list is usually worth more than fixing them mid-negotiation.
Isaac will tell you what your home is actually likely to bring in Lakeland North and what, if anything, is worth doing first. If the honest answer is that this is not your year to sell, he will say that too.
Talk to Isaac Ortiz about Lakeland North
Isaac Ortiz is a licensed real estate broker with Compass, working King County and the surrounding Puget Sound area. Se habla español. Send a note and he will reply personally.
Email Isaac.Ortiz@nwret.com.