Comprehensive market data and analysis• Updated Dec 2025
10.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 11 | 18 |
| 1-2 acres | 1 | 3 | 5 | 8 |
| 2-5 acres | - | - | 3 | 5 |
| 5-10 acres | - | 1 | 2 | 7 |
| 10-20 acres | - | 2 | 2 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 8 | 23 | 42 |
Acreage buckets
The median price for land in Lakebay, Washington is currently $68K per acre. For a typical parcel, the median sale price is $120K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $218K.
Lakebay, Washington is currently a buyer's market with 10.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 77.3% year-over-year.
Lakebay, Washington currently has 10.1 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 27 active listings in Lakebay, Washington. 6 new listings have hit the market in the last 90 days. The median asking price is $150K.
The current absorption rate in Lakebay, Washington is 9.9% (3-month basis), indicating moderate demand. With depreciating values (-77.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Source Real Estate.
Land in Lakebay, Washington typically sells within 57 days of listing. The median time on market is 34 days. Properties are moving quickly in the current buyer's market.
The 3-month absorption rate in Lakebay, Washington is 9.9%. The 12-month rate is 13.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
