Why Live in Lakeland South
Lakeland South in Milton is a community that appeals to homebuyers with its blend of retail, dining options, and green spaces. Residents enjoy convenient highway access for commuting to Seattle and Tacoma, and the neighborhood's elevation often results in sunnier weather compared to nearby areas. Popular home listings feature lake views, with properties ranging from 1960s ranch-style homes to contemporary styles on Lake Geneva and Lake Killarney. The local schools, including Rainier View Elementary, Sequoyah Middle School, and Todd Beamer High School, offer varying levels of proficiency and Advanced Placement classes. Recreational opportunities abound at Five Mile Lake Park, where residents play sports, boat, and fish, and at Lake Geneva Park, known for its picnic spots and boat launches. Nearby, Dash Point State Park offers hiking, biking, and a sandy beach. Shopping and dining are centered along Milton Way, with options like Dave’s of Milton, The Mill Steakhouse + Spirits, and Milton Wok, as well as big franchises like McDonald’s and Starbucks. The Outlet Collection Seattle mall is just three miles away. For entertainment, locals travel to Seattle for professional sports or visit the nearby Wild Waves Theme & Water Park. Transportation is facilitated by Interstate 5 and Washington State Route 167, with easy access to Downtown Tacoma, Downtown Seattle, and the Seattle-Tacoma International Airport. The community is considered safer than the national average, adding to its appeal as a place to settle down.
Frequently Asked Questions
What is the average home price in Lakeland South, WA?
Homes for sale in Lakeland South, WA have an average home price of $718,502.
Are home prices dropping in Lakeland South?
Yes, home prices in Lakeland South are down 1% in the last 12 months.
How many homes have sold over the last 12 months in Lakeland South, WA?
47 homes have sold in Lakeland South, WA over the last 12 months.
Is Lakeland South, WA a safe city?
In general, the safest neighborhood in Lakeland South, WA with lower crime scores is
Jovita Heights.
What are the most popular zip codes in Lakeland South, WA?
What are the most popular neighborhoods in Lakeland South, WA?
The most popular neighborhood in Lakeland South, WA with the most homes for sale is
Jovita Heights.
How much do you need to make to afford a house in Lakeland South?
The median home price in Lakeland South is $699,450. If you put a 20% down payment of $139,900 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $156K a year to afford the median home price in Lakeland South.
How are the schools in Lakeland South, WA?
Home Trends in Lakeland South, WA
On average, homes in Lakeland South, WA sell after 36 days on the market compared to the national average of 50 days. The median sale price for homes in Lakeland South, WA over the last 12 months is $675,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$675,000
Median Single Family Sale Price
$679,500
Average Price Per Sq Ft
$360
Number of Homes for Sale
18
Last 12 months Home Sales
47
Median List Price
$699,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%
