Photo: Kathy Calm · CC BY 3.0682 homes sold in Lacey in the last year, at a typical $503K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lacey homes are listed.
Every place Lacey homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lacey.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Lacey’s sales are condos, at $158K less than a house
617 houses and 26 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 617 sold in 12 months
- Per square foot
- $295WA $348
- Days to sell
- 22
- Sold over asking
- 33%
- Listings with a price cut
- 37%
typical sale · 26 sold in 12 months
- Per square foot
- $248WA $433
- Days to sell
- 38
- Sold over asking
- 23%
- Listings with a price cut
- 34%
Multi-family (2–4 units): 14 sold, typical $647K
Townhouses: 25 sold, typical $402K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
682 sales in the last year, against 1,443 in 2017 and a low of 649 in 2012. The typical sale went from $259K in 2016 to $503K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Lacey
Check a listing against what Lacey homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lacey are rarer than before the pandemic, but 17% fewer homes come up for sale
We read every month of Lacey’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 682 sales.
If you’re buying in Lacey
- Shop in August. It brings about 112 new listings a month, close to the busiest month, with fewer bidding wars (46% over asking).
- You can negotiate. 36% of listings have cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 100% of the list price on average; 32% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 23 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 136 a month), but April is the most competitive: 52% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (46%). January has the least competition (37%) but only about 75 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Washington as a whole
| Lacey now | 2017–19 | 2021 peak | WA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 41% | 69% | 27% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 57% | 82% | 39% |
| Listings with a price cutShare of homes for sale that cut their price | 36% | 24% | 23% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 100% | 100.4% | 104.1% | 99.2% |
| Days to sellMedian days from listing to contract | 23 | 15 | 5 | 33 |
115 homes for sale on a typical day
That’s 2.4 times the 2021 low (48), 17% fewer than in 2017–19 and well under 2015’s 218.
1 in 3 listings has cut its price
36% in the last year, against 24% in 2017–19 and 30% across Washington. More sellers are pricing high and coming down.
Since 2019, houses are up 50%, condos 72%
A house typically sold for $509K in the last year (617 sales), a condo for $351K (26).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lacey ranks 59th of 189 busy Washington markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lacey is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lacey home costs about $2,970 a month
Price: Lacey’s typical sale, last 12 months. Property tax at Lacey’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lacey is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 49.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $503K home, about $4,150 a year.
Taxes vs. neighborsSchools
The schools grade for Lacey, from test results, graduation and how much students grow.
Schools in LaceyCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Tumwater and Yelm sell for less a square foot
The busier markets within 25 miles of Lacey, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lacey | 682 | $503K | $292 | 32% | 23 |
| Olympia | 590 | $530K | $299 | 30% | 27 |
| Tumwater | 353 | $555K | $274 | 32% | 35 |
| Yelm | 215 | $522K | $254 | 49% | 32 |
| DuPont | 156 | $540K | $293 | 28% | 26 |
| Tanglewilde | 57 | $485K | $299 | 35% | 27 |
| Anderson Island | 32 | $509K | $308 | 9% | 89 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lacey, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lacey. People who follow the town see it, and so do people comparing Lacey with their own town. No commission, no listing fee.
Questions about buying a home in Lacey
What do homes sell for in Lacey, WA?
682 homes sold in the year to May 2026 at a typical $503K, $292 a square foot. Houses sold for about $509K, condos for about $351K.
Is Lacey a buyer’s or seller’s market?
A seller’s market: 148 homes were for sale in May 2026 and 63 sold, about 2.3 months of supply. Buyers paid 100% of asking on average, and 36% of listings cut their price.
When is the best time to buy in Lacey?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lacey?
About 0.8% of a home’s value a year. On a $503K home that’s near $4,150.
Where can I see homes for sale in Lacey?
Zillow, Redfin, Realtor.com and Homes.com all carry Lacey’s MLS listings; the search links above open each one filtered to Lacey.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).