
The Lakes, WA Housing Market
$415,264
2.9% 1-yrThe average The Lakes, WA home value is $415,264, down 2.9% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
The Lakes Key Takeaways
Typical Home Values: $415,264
1-Year Value Change: -2.9%
(Data through August 31, 2026)
The Lakes Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Riverview$496,735
- West Hill$581,998
- Pacific Ridge$314,184
- Mill Creek$516,104
- South Des Moines$570,666
- Saltair Hills$502,595
- Scenic Hill$638,171
- Central Des Moines$630,619
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The Lakes Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Kent, WA?
The neighborhoods with the highest median home values in Kent, WA include: Lake Meridian ($884,851), Lake Morton-Berrydale ($758,372), East Hill-Meridian ($667,094), Scenic Hill ($653,142), West Hill ($598,269).
What are the most affordable neighborhoods in Kent, WA?
The neighborhoods with the lowest median home values in Kent, WA include: The Lakes ($420,090), Saltair Hills ($507,843), Riverview ($508,915), Mill Creek ($526,749), West Hill ($598,269).
