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Housing in Lake Tapps

175 homes sold in Lake Tapps in the last year, at a typical $907K

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 Lake Tapps homes are listed.

Homes sold
175
October 2025 to September 2026
Typical sale price
$907K
median, weighted by sales
Price per square foot
$359
Washington $346
Paid vs. asking
99.8%
28% sold over asking
For sale now
59
September 2026 · 22 sold that month
What sold · last 12 months

Houses are 97% of Lake Tapps’ sales, at a typical $929K (year to May 2026)

175 homes sold in the year to September 2026.

Houses$929K

typical sale · 141 sold in the year to May 2026

Per square foot
$369WA $348
Days to sell
44
Sold over asking
28%
Listings with a price cut
39%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $737K
Townhouses: 2 sold, typical $535K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

175 sales in the last year, against 232 in 2016 and a low of 144 in 2025. The typical sale went from $446K in 2016 to $907K.

Homes soldTypical sale price
062125187250$500K$700K$900K$1.1M2012: 157 sold, typical $345K’122013: 158 sold, typical $342K2014: 186 sold, typical $344K’142015: 215 sold, typical $403K2016: 232 sold, typical $446K’162017: 228 sold, typical $514K2018: 193 sold, typical $538K’182019: 209 sold, typical $548K2020: 216 sold, typical $682K’202021: 227 sold, typical $780K2022: 225 sold, typical $911K’222023: 168 sold, typical $891K2024: 160 sold, typical $973K’242025: 144 sold, typical $931KLast 12 months: 175 sold, typical $907KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $900K buys in Lake Tapps

Houseat $369 a sq ft, year to May 2026
The same money in Washingtonat $348 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lake Tapps 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.

What the sales history says · 14 years of sales

Bidding wars in Lake Tapps are rarer than before the pandemic, and more homes are for sale

We read every month of Lake Tapps’ 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 September 2026, 175 sales.

If you’re buying in Lake Tapps

  • Shop in July. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
  • Bid near asking. Buyers paid 99.8% of the list price on average; 28% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 37 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 30 a month), but April is the most competitive: 53% of April sales close over asking. July offers nearly as much choice with fewer homes bid up (37%). January has the least competition (24%) but only about 13 new listings.

New listings a monthShare sold over asking
07.51522.53020%40%60%Sweet spotJan: 13 new listings a month, 24% sold over asking, 50 days to sellJFeb: 14 new listings a month, 36% sold over asking, 44 days to sellFMar: 24 new listings a month, 38% sold over asking, 39 days to sellMApr: 24 new listings a month, 53% sold over asking, 22 days to sellAMay: 27 new listings a month, 44% sold over asking, 16 days to sellMJun: 30 new listings a month, 50% sold over asking, 14 days to sellJJul: 25 new listings a month, 37% sold over asking, 25 days to sellJAug: 21 new listings a month, 39% sold over asking, 20 days to sellASep: 20 new listings a month, 31% sold over asking, 27 days to sellSOct: 17 new listings a month, 32% sold over asking, 33 days to sellONov: 9 new listings a month, 39% sold over asking, 34 days to sellNDec: 8 new listings a month, 31% sold over asking, 45 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Washington as a whole

Lake Tapps now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price28%36%61%25%
Gone within two weeksShare of homes under contract within 14 days39%43%68%38%
Price paid vs. askingAverage sale price ÷ list price99.8%99.7%102.4%99.1%
Days to sellMedian days from listing to contract3729835
Supply

45 homes for sale on a typical day

That’s 3.5 times the 2021 low (13), 26% more than in 2017–19 and well under 2015’s 59.

2012: 54 for sale’122013: 44 for sale2014: 58 for sale2015: 59 for sale’152016: 48 for sale2017: 42 for sale2018: 37 for sale’182019: 28 for sale2020: 18 for sale2021: 13 for sale’212022: 34 for sale2023: 31 for sale2024: 32 for sale’242025: 33 for saleLast 12 months: 45 for saleNow
Across Washington

Lake Tapps ranks 79th of 191 busy Washington markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lake Tapps is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lake Tapps home costs about $5,497 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Tapps’ typical sale, last 12 months. Property tax at Lake Tapps’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Tapps is affordable on local pay is on Cost of living.

Before you buy in Lake Tapps

Six things worth knowing

30

New listings in June

The month with the most choice. December has the fewest, about 8.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $907K home, about $9,170 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Lake Tapps, from test results, graduation and how much students grow.

Schools in Lake Tapps
37 min

Typical commute

The average one-way trip to work for people who live in Lake Tapps.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Bonney Lake, Alderton, North Puyallup and Prairie Ridge sell for less a square foot

The busier markets within 25 miles of Lake Tapps, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bonney Lake261$645K$30624%26
Lake Tapps175$907K$35928%37
Prairie Ridge115$565K$34738%24
Sumner105$595K$35334%27
Pacific32$532K$35322%14
Alderton26$619K$34637%33
North Puyallup25$432K$28119%57

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Tapps, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Tapps. People who follow the town see it, and so do people comparing Lake Tapps with their own town. No commission, no listing fee.

Questions about buying a home in Lake Tapps

What do homes sell for in Lake Tapps, WA?

175 homes sold in the year to September 2026 at a typical $907K, $359 a square foot.

Is Lake Tapps a buyer’s or seller’s market?

A seller’s market: 59 homes were for sale in September 2026 and 22 sold, about 2.7 months of supply. Buyers paid 99.8% of asking on average.

When is the best time to buy in Lake Tapps?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lake Tapps?

About 1% of a home’s value a year. On a $907K home that’s near $9,170.

Where can I see homes for sale in Lake Tapps?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Tapps’ MLS listings; the search links above open each one filtered to Lake Tapps.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).