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Three Lakes, WA

Full City Profile · Washington · King County County

3.5 /5.0
B+ Good
3,466 Population 297/sq mi density
$148,625 Median Income $56,611 per capita
$754,200 Home Value $723,475 Zillow
50°F Avg Temperature 237 sunny days/yr
348 Violent Crime/100K 3,916 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$148,625 median income, 1.1% unemployment
B+
Affordability
3.8 / 5.0
$754,200 home value, /mo rent
F
Safety
1.0 / 5.0
348 violent crimes/100K
A
Education
4.3 / 5.0
41.4% bachelor's degree or higher

Housing Overview

Median Home Value
$754,200
168% above
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
1,245
Median year built: 1995

Home Value by Source

Census Median
$754,200
Zillow (ZHVI)
$723,475
Median Sale Price
$1,100,000
Median List Price
$949,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
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

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$374
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$754,200
Zillow Home Value (ZHVI)$723,475
Median Sale Price$1,100,000
Median List Price$949,450
Price Per Sq Ft$374

Rent

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 Market8
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold3
Active Inventory7
Price Per Sq Ft$374

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units1,245
Median Year Built1995
Rent Burden51.0%