TACOMA - LAKEWOOD Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Tacoma - Lakewood averaged 6.91% for the week of 2025-04-24, compared to the national average of 6.81% for the same period.

    The average rate for the prior week (2025-04-17) was 6.93% and one month ago for the week of 2025-03-20, the average rate was 6.77%.

    Tacoma - Lakewood's average rate one year ago was 7.1%.

    For refis of the same type during the week of 2025-04-24, the average rate was 6.91%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-24 6.81%
    Tacoma - Lakewood 30 Year Fixed Rate 2025-04-24 6.91%
    Tacoma - Lakewood 30 Year Fixed Rate Refi 2025-04-24 6.91%
    Tacoma - Lakewood 15 Year Fixed Rate 2025-04-24 6.04%
    Tacoma - Lakewood 15 Year Fixed Rate Refi 2025-04-24 6.14%
    Tacoma - Lakewood 30 Year FHA 2025-04-24 6.83%
    Tacoma - Lakewood 30 Year FHA Refi 2025-04-24 6.43%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TACOMA-LAKEWOOD, WA.

    TACOMA - LAKEWOOD Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the TACOMA-LAKEWOOD, WA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

    TACOMA-LAKEWOOD, WA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share

    TACOMA - LAKEWOOD Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - TACOMA - LAKEWOOD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $494,878 (13.3%) $817,476 (17.5%) 1.83 2,935
    2018-02-01 $522,475 (13.7%) $837,160 (12.5%) 1.90 2,977
    2018-03-01 $550,000 (14.9%) $855,943 (13.2%) 1.93 3,291
    2018-04-01 $560,350 (13.0%) $860,602 (10.6%) 1.90 3,915
    2018-05-01 $571,700 (14.5%) $860,476 (9.9%) 1.91 4,775
    2018-06-01 $575,000 (15.0%) $857,803 (10.4%) 1.92 5,926
    2018-07-01 $565,925 (13.3%) $823,615 (7.1%) 1.89 7,217
    2018-08-01 $550,483 (12.9%) $794,785 (6.7%) 1.84 8,155
    2018-09-01 $549,950 (12.5%) $784,156 (4.7%) 1.85 9,204
    2018-10-01 $552,500 (12.8%) $781,837 (2.9%) 1.87 9,383
    2018-11-01 $549,998 (11.7%) $781,663 (0.8%) 1.86 8,294
    2018-12-01 $550,000 (11.1%) $789,581 (-0.7%) 1.90 6,850
    2019-01-01 $562,475 (13.7%) $817,163 (0.0%) 1.94 5,558
    2019-02-01 $593,745 (13.6%) $859,510 (2.7%) 2.01 5,429
    2019-03-01 $608,423 (10.6%) $873,910 (2.1%) 1.99 5,655
    2019-04-01 $627,445 (12.0%) $899,002 (4.5%) 1.99 5,935
    2019-05-01 $623,714 (9.1%) $881,335 (2.4%) 1.95 7,098
    2019-06-01 $614,950 (7.0%) $859,290 (0.2%) 1.92 7,807
    2019-07-01 $599,995 (6.0%) $850,226 (3.2%) 1.88 7,784
    2019-08-01 $595,836 (8.2%) $841,704 (5.9%) 1.89 8,177
    2019-09-01 $589,741 (7.2%) $834,131 (6.4%) 1.89 8,311
    2019-10-01 $585,677 (6.0%) $829,082 (6.0%) 1.89 8,319
    2019-11-01 $579,000 (5.3%) $833,943 (6.7%) 1.90 6,739
    2019-12-01 $579,950 (5.5%) $846,363 (7.2%) 1.93 4,768
    2020-01-01 $587,500 (4.5%) $867,130 (6.1%) 1.96 3,866
    2020-02-01 $599,900 (1.0%) $889,510 (3.5%) 1.96 3,790
    2020-03-01 $606,495 (-0.3%) $882,234 (1.0%) 1.90 4,299
    2020-04-01 $599,950 (-4.4%) $851,077 (-5.3%) 1.88 4,888
    2020-05-01 $608,000 (-2.5%) $859,906 (-2.4%) 1.85 5,649
    2020-06-01 $621,498 (1.1%) $887,354 (3.3%) 1.83 5,729
    2020-07-01 $627,000 (4.5%) $896,058 (5.4%) 1.82 5,735
    2020-08-01 $625,000 (4.9%) $885,121 (5.2%) 1.79 5,959
    2020-09-01 $624,999 (6.0%) $885,251 (6.1%) 1.79 6,059
    2020-10-01 $619,990 (5.9%) $890,134 (7.4%) 1.78 5,838
    2020-11-01 $626,725 (8.2%) $922,318 (10.6%) 1.83 4,129
    2020-12-01 $624,975 (7.8%) $930,668 (10.0%) 1.86 3,092
    2021-01-01 $638,000 (8.6%) $958,591 (10.6%) 1.90 2,424
    2021-02-01 $648,625 (8.1%) $953,436 (7.2%) 1.89 2,219
    2021-03-01 $652,500 (7.6%) $924,093 (4.7%) 1.85 2,584
    2021-04-01 $669,975 (11.7%) $940,369 (10.5%) 1.81 2,763
    2021-05-01 $679,900 (11.8%) $946,099 (10.0%) 1.81 2,937
    2021-06-01 $683,725 (10.0%) $944,535 (6.4%) 1.80 3,425
    2021-07-01 $689,950 (10.0%) $943,656 (5.3%) 1.82 3,641
    2021-08-01 $674,975 (8.0%) $912,385 (3.1%) 1.80 3,753
    2021-09-01 $675,000 (8.0%) $918,542 (3.8%) 1.80 3,744
    2021-10-01 $675,000 (8.9%) $939,780 (5.6%) 1.80 3,324
    2021-11-01 $674,995 (7.7%) $947,493 (2.7%) 1.80 2,510
    2021-12-01 $662,500 (6.0%) $933,507 (0.3%) 1.79 1,660
    2022-01-01 $685,000 (7.4%) $1,001,387 (4.5%) 1.85 1,315
    2022-02-01 $722,450 (11.4%) $1,051,274 (10.3%) 1.88 1,539
    2022-03-01 $749,950 (14.9%) $1,075,930 (16.4%) 1.88 1,867
    2022-04-01 $799,950 (19.4%) $1,128,806 (20.0%) 1.91 2,207
    2022-05-01 $824,995 (21.3%) $1,161,979 (22.8%) 1.89 3,971
    2022-06-01 $802,495 (17.4%) $1,135,816 (20.3%) 1.79 5,457
    2022-07-01 $789,950 (14.5%) $1,083,308 (14.8%) 1.78 6,954
    2022-08-01 $774,950 (14.8%) $1,075,090 (17.8%) 1.79 6,961
    2022-09-01 $762,485 (13.0%) $1,078,846 (17.5%) 1.78 6,694
    2022-10-01 $750,000 (11.1%) $1,060,491 (12.8%) 1.76 6,701
    2022-11-01 $737,450 (9.3%) $1,056,940 (11.6%) 1.77 6,006
    2022-12-01 $725,000 (9.4%) $1,038,754 (11.3%) 1.79 4,559
    2023-01-01 $727,000 (6.1%) $1,042,070 (4.1%) 1.80 3,674
    2023-02-01 $749,950 (3.8%) $1,105,889 (5.2%) 1.81 3,116
    2023-03-01 $789,225 (5.2%) $1,177,299 (9.4%) 1.86 3,106
    2023-04-01 $825,000 (3.1%) $1,236,224 (9.5%) 1.92 3,165
    2023-05-01 $822,500 (-0.3%) $1,235,201 (6.3%) 1.87 3,543
    2023-06-01 $824,500 (2.7%) $1,225,756 (7.9%) 1.85 4,090
    2023-07-01 $815,000 (3.2%) $1,242,311 (14.7%) 1.85 4,267
    2023-08-01 $799,475 (3.2%) $1,226,371 (14.1%) 1.84 4,504
    2023-09-01 $799,000 (4.8%) $1,215,186 (12.6%) 1.86 4,774
    2023-10-01 $792,250 (5.6%) $1,179,771 (11.3%) 1.86 4,808
    2023-11-01 $752,413 (2.0%) $1,110,443 (5.1%) 1.79 5,293
    2023-12-01 $749,000 (3.3%) $1,088,306 (4.8%) 1.83 4,177
    2024-01-01 $749,495 (3.1%) $1,122,633 (7.7%) 1.83 3,319
    2024-02-01 $765,000 (2.0%) $1,155,569 (4.5%) 1.84 3,294
    2024-03-01 $767,875 (-2.7%) $1,150,459 (-2.3%) 1.81 3,737
    2024-04-01 $774,973 (-6.1%) $1,152,313 (-6.8%) 1.80 4,349
    2024-05-01 $774,950 (-5.8%) $1,148,303 (-7.0%) 1.76 5,734
    2024-06-01 $788,000 (-4.4%) $1,134,374 (-7.5%) 1.79 6,617
    2024-07-01 $779,245 (-4.4%) $1,127,751 (-9.2%) 1.78 7,399
    2024-08-01 $775,000 (-3.1%) $1,122,421 (-8.5%) 1.80 7,624
    2024-09-01 $772,425 (-3.3%) $1,116,728 (-8.1%) 1.82 8,018
    2024-10-01 $759,975 (-4.1%) $1,104,829 (-6.4%) 1.79 7,716
    2024-11-01 $740,000 (-1.7%) $1,077,087 (-3.0%) 1.78 6,613
    2024-12-01 $724,475 (-3.3%) $1,060,094 (-2.6%) 1.80 4,933
    2025-01-01 $725,813 (-3.2%) $1,045,293 (-6.9%) 1.81 4,364
    2025-02-01 $737,400 (-3.6%) $1,068,000 (-7.6%) 1.79 4,640
    2025-03-01 $750,000 (-2.3%) $1,097,797 (-4.6%) 1.77 5,244
    TACOMA - LAKEWOOD's median listing price for 2025-03-01 was $750,000, a difference of $-17,875 (-2.3%) versus the prior year and $12,600 versus the prior month.

    TACOMA - LAKEWOOD's median listing price comes in at 177% of the national average.

    TACOMA - LAKEWOOD's average listing price for 2025-03-01 was $1,097,797, a difference of $-52,662 (-4.6%) versus the prior year and $29,797 versus the prior month.

    For the 2025-03-01 period, TACOMA - LAKEWOOD had 5,244 MLS listings, a difference of 604 listings (13%) versus the prior month and 1,507 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - TACOMA - LAKEWOOD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 43 days 2,184 sqft
    2018-02-01 26 days 2,178 sqft
    2018-03-01 22 days 2,172 sqft
    2018-04-01 22 days 2,153 sqft
    2018-05-01 19 days 2,180 sqft
    2018-06-01 22 days 2,180 sqft
    2018-07-01 29 days 2,136 sqft
    2018-08-01 30 days 2,104 sqft
    2018-09-01 36 days 2,040 sqft
    2018-10-01 38 days 2,035 sqft
    2018-11-01 45 days 2,018 sqft
    2018-12-01 59 days 2,040 sqft
    2019-01-01 63 days 2,082 sqft
    2019-02-01 42 days 2,140 sqft
    2019-03-01 33 days 2,137 sqft
    2019-04-01 24 days 2,160 sqft
    2019-05-01 28 days 2,117 sqft
    2019-06-01 31 days 2,109 sqft
    2019-07-01 37 days 2,110 sqft
    2019-08-01 39 days 2,084 sqft
    2019-09-01 41 days 2,059 sqft
    2019-10-01 43 days 2,045 sqft
    2019-11-01 50 days 2,020 sqft
    2019-12-01 61 days 2,042 sqft
    2020-01-01 65 days 2,051 sqft
    2020-02-01 31 days 2,064 sqft
    2020-03-01 23 days 2,089 sqft
    2020-04-01 31 days 2,074 sqft
    2020-05-01 35 days 2,053 sqft
    2020-06-01 31 days 2,036 sqft
    2020-07-01 30 days 2,010 sqft
    2020-08-01 30 days 1,920 sqft
    2020-09-01 33 days 1,840 sqft
    2020-10-01 35 days 1,771 sqft
    2020-11-01 41 days 1,707 sqft
    2020-12-01 48 days 1,681 sqft
    2021-01-01 43 days 1,660 sqft
    2021-02-01 29 days 1,678 sqft
    2021-03-01 23 days 1,748 sqft
    2021-04-01 23 days 1,773 sqft
    2021-05-01 20 days 1,800 sqft
    2021-06-01 20 days 1,819 sqft
    2021-07-01 23 days 1,821 sqft
    2021-08-01 26 days 1,822 sqft
    2021-09-01 29 days 1,855 sqft
    2021-10-01 33 days 1,845 sqft
    2021-11-01 35 days 1,825 sqft
    2021-12-01 39 days 1,793 sqft
    2022-01-01 37 days 1,792 sqft
    2022-02-01 16 days 1,817 sqft
    2022-03-01 17 days 1,889 sqft
    2022-04-01 16 days 1,964 sqft
    2022-05-01 16 days 2,066 sqft
    2022-06-01 22 days 2,050 sqft
    2022-07-01 28 days 2,040 sqft
    2022-08-01 34 days 2,025 sqft
    2022-09-01 39 days 2,010 sqft
    2022-10-01 39 days 1,970 sqft
    2022-11-01 45 days 1,952 sqft
    2022-12-01 59 days 1,960 sqft
    2023-01-01 65 days 1,950 sqft
    2023-02-01 43 days 1,978 sqft
    2023-03-01 32 days 2,049 sqft
    2023-04-01 31 days 2,029 sqft
    2023-05-01 29 days 2,035 sqft
    2023-06-01 29 days 2,035 sqft
    2023-07-01 33 days 2,040 sqft
    2023-08-01 33 days 2,002 sqft
    2023-09-01 37 days 1,986 sqft
    2023-10-01 38 days 1,960 sqft
    2023-11-01 45 days 1,913 sqft
    2023-12-01 57 days 1,888 sqft
    2024-01-01 59 days 1,845 sqft
    2024-02-01 32 days 1,840 sqft
    2024-03-01 29 days 1,860 sqft
    2024-04-01 29 days 1,860 sqft
    2024-05-01 25 days 1,892 sqft
    2024-06-01 30 days 1,911 sqft
    2024-07-01 36 days 1,916 sqft
    2024-08-01 38 days 1,928 sqft
    2024-09-01 43 days 1,910 sqft
    2024-10-01 44 days 1,868 sqft
    2024-11-01 51 days 1,840 sqft
    2024-12-01 63 days 1,780 sqft
    2025-01-01 62 days 1,760 sqft
    2025-02-01 35 days 1,768 sqft
    2025-03-01 31 days 1,791 sqft
    TACOMA - LAKEWOOD's median listing age (time on market) for 2025-03-01 was 31 days. This is 7% longer than the same period one year ago.

    TACOMA - LAKEWOOD's median square footage for active listings during the 2025-03-01 period was 1,791 sqft. One year prior, the average listing was 1,860 sqft.

    TACOMA-LAKEWOOD, WA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan

    Loan Sizing (TACOMA-LAKEWOOD, WA MSA)

    Loan Size Originations Total Value Average Loan

    LTV Distribution

    Loan to Value Originations Total Value Average Loan