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North King News

Saturday, February 22, 2025

May 2021: Home prices in Lake Forest Park fell

Webp re 5

The median sale price of a home sold in May 2021 in Lake Forest Park fell by $32,998 while total sales decreased by 50%, according to BlockShopper.com.

In May 2021, there were four homes sold, with a median sale price of $644,000 - a 4.9% decrease over the $676,998 median sale price for the same period of the previous year. There were eight homes sold in Lake Forest Park in May 2020.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.8% of the median home sale price for May 2021.

The following table compares Lake Forest Park to other King County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
North Bend (unincorporated)161145.5%$743,750$523,00042.2%
Skykomish (unincorporated)10-$710,000$0-
Black Diamond550%$700,000$545,95028.2%
Enumclaw (unincorporated)10100%$668,500$522,50027.9%
East Renton Highlands (unincorporated)625512.7%$662,500$540,00022.7%
Lake Forest Park48-50%$644,000$676,997.50-4.9%
Renton493636.1%$642,000$512,50025.3%
Maple Valley433813.2%$630,000$507,50024.1%
Burien221457.1%$626,500$487,75028.4%
Renton (unincorporated)63100%$602,500$760,000-20.7%
Kent (unincorporated)36345.9%$595,000$462,50028.6%

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