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Lakeland South, WA
Full City Profile · Washington · Pierce County County
3.2
/5.0
B
Good
12,869
Population
2,626/sq mi density
$105,273
Median Income
$43,152 per capita
$530,900
Home Value
$528,424 Zillow
$1,558
Median Rent
30.9% income on rent
54°F
Avg Temperature
240 sunny days/yr
32
Violent Crime/100K
2,696 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$105,273 median income, 3.9% unemployment
B+
Affordability
3.8 / 5.0
$530,900 home value, $1,558/mo rent
F
Safety
1.0 / 5.0
32 violent crimes/100K
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher
Housing Overview
Median Home Value
$530,900
88% above
US avg: $281,900
Median Rent
$1,558/mo
34% above
US avg: $1,163/mo
Homeownership Rate
79.0%
21% above US avg (65.4%)
Total Housing Units
4,539
Median year built: 1986
Home Value by Source
Census Median
$530,900
Zillow (ZHVI)
$528,424
Median Sale Price
$706,475
Median List Price
$724,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.0%
Owner-Occupied
21.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,558/mo
Market Indicators (Redfin)
Median Days on Market
9 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
45.5%
of listings with price reduction
Price Per Sq Ft
$303
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
79.0%
Complete Housing Data
Home Values
| Census Median Value | $530,900 |
| Zillow Home Value (ZHVI) | $528,424 |
| Median Sale Price | $706,475 |
| Median List Price | $724,950 |
| Price Per Sq Ft | $303 |
Rent
| Census Median Rent | $1,558 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 9 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 45.5% |
| Homes Sold | 10 |
| Active Inventory | 11 |
| Price Per Sq Ft | $303 |
Ownership & Stock
| Owner-Occupied | 79.0% |
| Renter-Occupied | 21.0% |
| Homeownership Rate | 79.0% |
| Total Housing Units | 4,539 |
| Median Year Built | 1986 |
| Rent Burden | 30.9% |