Lakebay, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
27
Sold (12M)
42
Median Price
$120K
Market Condition
Buyer's Market

Lakebay, Washington Market Meter

Buyer'sSeller's
Buyer's Market

10.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$120K
Avg Price/Acre
$68K
Avg Days on Market
57
Months of Supply
10.1
YoY Price Change
-77.3%
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-21118
1-2 acres1358
2-5 acres--35
5-10 acres-127
10-20 acres-223
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL182342
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres18 sold / 8 listed
1-2 acres8 sold / 3 listed
2-5 acres5 sold / 7 listed
5-10 acres7 sold / 7 listed
10-20 acres3 sold / 2 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$255K$510K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.4M
Last 12 months
Active Listings
27
Current inventory
Avg Days on Market
57
Time to sell
Price Trend (YoY)
-77.3%
Year over year

Lakebay, Washington Land Market Analysis

How much is land worth in Lakebay, Washington?

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.

Is now a good time to buy land in Lakebay, Washington?

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.

What is the months of supply for land in Lakebay, Washington?

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.

What is the total land for sale in Lakebay, Washington?

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.

Is now a good time to invest in land in Lakebay, Washington?

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.

How long does it take to sell land in Lakebay, Washington?

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.

What is the absorption rate for land in Lakebay, Washington?

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.

Data Sources & Accuracy

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.

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