Why Live in Lakeland North
Lakeland North is a leafy suburban community located south of Seattle, known for its single-family homes, community parks, and evergreen groves. Positioned along Interstate 5 between Tacoma and Seattle, it is a convenient spot for commuters, with a new light rail station planned to enhance transportation options. The neighborhood features a mix of midcentury and contemporary homes, built from the 1960s to the present, with lot sizes typically ranging from 7,000 to 10,000 square feet. Residents enjoy privacy and outdoor space, with homes situated on curved streets, low hills, and quiet cul-de-sacs. Shopping and dining options are abundant in nearby Federal Way, just a mile away, where major grocery chains, big box stores, and a variety of eateries can be found. Lakeland North also boasts several community parks, including the 20-acre Lakeland North Urban Park with trails, a playground, and a picnic shelter, and Lake Dolloff, a popular fishing spot. The neighborhood is served by Federal Way Public Schools, with several elementary schools, a middle school, and a highly rated high school within walking or biking distance. Interstate 5 provides easy access to Tacoma, 14 miles south, and Seattle, 22 miles north, while SeaTac Airport is 14 miles away, offering international flights. The area has lower crime rates compared to the statewide average, contributing to its appeal for families and commuters alike.
Home Trends in Lakeland North, WA
On average, homes in Lakeland North, WA sell after 32 days on the market compared to the national average of 50 days. The median sale price for homes in Lakeland North, WA over the last 12 months is $607,500, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$607,500
Median Single Family Sale Price
$610,000
Average Price Per Sq Ft
$351
Number of Homes for Sale
6
Last 12 months Home Sales
54
Median List Price
$620,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
