Bonney lake

Bonney Lake real estate offers a diverse mix of established neighborhoods, newer communities, Lake Tapps lakefront homes, and properties with incredible Mount Rainier Views.  With convenient access to Highway 410, outdoor recreation, shopping, and highly desirable communities throughout the plateau, Bonney Lake continues to attract buyers looking for more space while remining connected to the greater Puget Sound region.

My connection to Bonney Lake goes back decades.  I spent more than 10 years leading a Windermere real estate office in Bonney Lake and have represented buyers and sellers throughout the area.  From established neighborhoods in Lake Tapps and downtown Bonney Lake to newer communities such as Tehaleh, that experience has given me firsthand knowledge of the homes, neighborhoods, new construction, and changing market conditions that make Bonney Lake unique.

Bonney Lake Overview

Population

Population

Median Age

Median Household Income

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Number of Households

Best of Bonney Lake — Local Favorites

My Local Favorites

A few of my favorite places around Bonney Lake and the surrounding area. Click a card to find the business on Yelp or Google Maps.

George's BLT
George's BLT
A longtime Bonney Lake gathering spot for burgers, sandwiches, breakfast, drinks and classic tavern fare.
Drink
Trapper's Sushi
Trapper's Sushi
A Bonney Lake favorite for sushi, specialty rolls and a casual Northwest dining experience.
Eat
CJ's Deli & Catering
CJ's Deli & Catering
A local deli known for sandwiches, soups, salads, breakfast options, desserts and homemade comfort food.
Breakfast
Mazatlan Restaurant
Mazatlan Restaurant
A longtime local choice for Mexican favorites, family dinners and a relaxed sit-down meal along Highway 410.
Eat
Hops n Drops
Hops n Drops
Casual Bonney Lake dining with burgers, sandwiches, drinks and an easygoing neighborhood atmosphere.
Drink
Thian Thai
Thian Thai
A neighborhood favorite for Thai dishes, curries, noodles and flavorful made-to-order meals.
Eat
Firehouse Pub
Firehouse Pub — Buckley
A short drive from Bonney Lake and one of my nearby favorites for pub food, drinks, live music and a laid-back local atmosphere.
Drink

Bonney Lake Market Statistics

For Sale vs. Sold

This graph compares the number of homes currently on the market (for sale) with the number of homes that have recently sold. Together, these two data points reveal how balanced—or competitive—the housing market is at a given time.

When the number of homes for sale is high compared to homes sold, it can indicate a slower market where buyers have more options and negotiating power. When sold homes outpace available listings, it often signals strong demand, increased competition, and upward pressure on prices.

Bonney Lake real estate includes everything from established neighborhoods and Lake Tapps homes to newer communities such as Tehaleh, offering buyers a wide range of homes, settings, and lifestyles.  

CDOM & Sales Price vs. Sold Price

This graph combines two important indicators of market behavior: Cumulative Days on Market (CDOM) and the relationship between a home’s list price and its final sold price. CDOM shows how long homes are taking to sell, including time from previous listings, while the list-to-sold price comparison reveals how closely prices align with buyer demand.

Together, these metrics provide insight into market momentum and pricing accuracy. Shorter CDOM and sold prices at or above list price typically signal strong demand and a competitive market. Longer CDOM and sold prices below list price may indicate softer conditions, where buyers have more leverage and pricing needs to be more strategic.

A note about statistics:

Real estate statistics are inherently backward-looking—they reflect what has already happened in the market, not what is happening in real time. Data points such as recent sales prices, days on market, inventory levels, and list-to-sale price ratios are based on closed transactions, which typically represent decisions made weeks or even months earlier.

While this means the data doesn’t predict the future with certainty, it is incredibly valuable for understanding where the market currently stands and where it may be heading. By analyzing trends over time—rather than a single data point—we can see shifts in buyer demand, seller confidence, and pricing momentum as they begin to form.

Whether you're buying, selling, or exploring new construction in Tehaleh, understanding the Bonney Lake real estate market can help you make a more confident decision.

Recently Sold Homes in Bonney Lake

With more than 22 years of real estate experience, Tyler Freed has represented buyers and sellers throughout Bonney Lake and the surrounding Lake Tapps area.  After spending more than a decade leading a Windermere real estate office in Bonney Lake, Tyler brings firsthand knowledge of local neighborhoods, builds, new construction and communities such as Tehaleh.

VIEW MY BONNEY LAKE HOME SALES