Lakewood
Nestled between the bustling city of Tacoma and the natural beauty of the South Puget Sound, Lakewood, Washington offers a unique combination of suburban comfort, historical richness, and outdoor adventure. This diverse and rapidly growing city is an attractive destination for homebuyers who seek a balance between nature and convenience.
Median Home Price in Lakewood, WA
As of 2024, the median home price in Lakewood is around $475,000. This makes it an appealing market for those looking to settle in the greater Tacoma area without paying the premium of living directly in the city. Lakewood's real estate offers a variety of options, from charming mid-century homes to newly developed communities, ensuring there's something for everyone—whether you’re a first-time homebuyer, a growing family, or someone looking to downsize.
Things to Do in Lakewood
Lakewood is packed with things to do for both nature lovers and city dwellers. Here are some highlights:
Lakewold Gardens: A tranquil 10-acre estate that offers beautifully manicured gardens and a glimpse into the history of the area. It’s a peaceful place to enjoy a leisurely stroll or to host a special event.
American Lake: If you love water activities, American Lake is perfect for boating, fishing, and paddleboarding. The surrounding parks offer scenic picnic spots, playgrounds, and walking trails.
Fort Steilacoom Park: With 340 acres of open space, it’s a hotspot for joggers, dog walkers, and families. The park features athletic fields, hiking trails, and a large off-leash dog park.
Thornewood Castle: A historic English Tudor Gothic-style mansion, Thornewood Castle is a hidden gem in Lakewood, known for its role in movies and weddings. You can tour this 100-year-old estate or even book a stay in one of its luxurious suites.
Golf Courses: If you’re a fan of golf, Lakewood has several excellent options, including the Oakbrook Golf Club and Tacoma Country & Golf Club, both providing lush green fairways and challenging play.
Commute Times and Connectivity
One of the biggest perks of living in Lakewood is its convenient location. With quick access to major highways like I-5 and SR 512, commuting to nearby cities is relatively easy:
Tacoma: A short 15-minute drive makes Lakewood ideal for those working in Tacoma but wanting a quieter living environment.
Seattle: A longer commute, approximately 45-60 minutes by car, depending on traffic. However, the Lakewood Sounder Train Station provides an easy alternative for those who prefer public transportation, with direct routes to Seattle.
Joint Base Lewis-McChord (JBLM): Lakewood is less than 10 miles away from JBLM, making it a popular choice for military personnel and their families. Commute times range between 10-20 minutes, depending on where you're stationed.
Lakewood's Rich History
Lakewood’s roots run deep, with a history that stretches back to the early 19th century. Originally inhabited by the Nisqually Tribe, the area began to develop after European settlers arrived in the 1800s. It became a key stop along the Northern Pacific Railway, and in the early 20th century, the development of American Lake Park and Lakewold Gardens started drawing visitors and new residents.
During World War II, the creation of Fort Lewis (now part of JBLM) had a major impact on the area, bringing growth and diversity to the region. In 1996, Lakewood officially became a city, incorporating its neighborhoods and laying the groundwork for the vibrant community it is today.
Lakewood Real Estate Market: Why Choose Lakewood?
Lakewood's appeal lies in its affordability, access to nature, and proximity to urban centers. Compared to other cities in Pierce County, it offers relatively affordable housing with all the amenities of suburban living. The city’s numerous parks, lakes, outdoor activities and historical sites make it an attractive.
Moreover, with easy access to major highways and public transit options like the Sounder Train, Lakewood is an excellent choice for commuters working in Tacoma, Olympia, or even Seattle. The presence of JBLM also ensures a steady demand for housing, making Lakewood not only a great place to live but also a solid investment.
