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Featured local agent — Lakewood, CA
Sarah Mitchell
Compass Real Estate · Lakewood, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakewood, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$913,500median sale price
How is the Lakewood, CA housing market right now?
The median home sale price in Lakewood, CA is $913,500, up 5.0% year-over-year. Homes sell in an average of 27 days with 77 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lakewood a buyer's or seller's market?
Lakewood, CA is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
27
Average pace
Active listings
77
1.8 months supply
Sale-to-list
101.2%
Above asking
What does the Lakewood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $913,500 |
| Median list price | $895,000 |
| Year-over-year price change | +5.0% |
| Average days on market | 27 days |
| Active inventory | 77 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $673/sq ft |
| Homes sold (latest month) | 44 |
| New listings (latest month) | 36 |
| Listings with a price cut | 19.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood by property type?
How the Lakewood, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $913,500 | $673/sq ft | 44 | 27 days |
| Condo / Co-op | $540,000 | $525/sq ft | 5 | 28 days |
| Townhouse | $617,500 | $492/sq ft | 2 | 83 days |
Source: Redfin · Updated monthly
The Lakewood housing market is currently classified as a strong seller's market with a median sale price of $913,500. Prices have risen 5.0% compared to last year, with homes spending an average of 27 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lakewood
There are currently 77 homes listed for sale in Lakewood, California. The median listing price is $895K.
Active listings
77
Homes on market
Median list price
$895K
Avg. days on market
27
Days until sale
New this week
36
Newly listed
Who lives in Lakewood?
Population
80,510
Median income
$116,794/yr
Median age
39 years
Owner-occupied
72.0%
College grads
32.6%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakewood?
Zillow home value
$882,048
Zillow rent index
$3,434/mo
Price-to-rent ratio
21.4x
Price-to-income
7.6x
Source: Zillow Research
What is it like to live in Lakewood?
Lakewood is a community of approximately 81K residents with a median age of 39 years.The median household income is $116,794, which reflects a relatively affluent area with strong earning potential. 32.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 29 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakewood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lakewood?
20 schools tracked · 13,697 students
The largest public schools serving Lakewood, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lakewood High
Grades 9-12 · 2,580 students
Mayfair High
Grades 7-12 · 2,457 students
Artesia High
Grades 9-12 · 1,441 students
Intensive Learning Center
Grades K-6 · 674 students
Esther Lindstrom Elementary
Grades K-6 · 577 students
Stephen Foster Elementary
Grades K-6 · 519 students
Hoover Middle
Grades 6-8 · 513 students
Palms Elementary
Grades K-6 · 481 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lakewood, CA?
Want a head-to-head view? Compare Lakewood side-by-side with any other U.S. city using our market-comparison tool.
Is Lakewood a good real estate investment market?
For investors evaluating Lakewood, the price-to-rent ratio of 21.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lakewood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lakewood's median home price.
Frequently asked questions
What is the average home price in Lakewood?
The median home sale price in Lakewood is $913,500, up 5.0% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 27 days on market before going under contract.
What is the median income in Lakewood?
The median household income is $116,794 per year.
Is Lakewood a buyer's or seller's market?
With 1.8 months of supply, Lakewood is currently a strong seller's market.
What is the Zillow home value estimate for Lakewood?
The Zillow Home Value Index (ZHVI) for Lakewood is $882,048, representing the typical home value in the area.
What is the median condo price in Lakewood?
The median condo/co-op sale price in Lakewood, CA is $540,000, compared to $913,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lakewood?
The median single-family home price in Lakewood, CA is $913,500 (about $673 per square foot).
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