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Featured local agent — Lockwood, CA
Sarah Mitchell
Compass Real Estate · Lockwood, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lockwood, CA Housing Market
The last median sale price Redfin published was $1.03M (through May 2026). With 1.0 months of supply and homes going under contract in about 13 days, Lockwood is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $1.03M home is about $5,307/mo in principal and interest.
Key numbers for Lockwood, CA
Median sale price
$1.03M
Last published period
Redfin, through May 2026
Days on market
13
Fast-moving
Redfin, through May 2026
Active listings
1
1.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
93.8%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Lockwood a buyer's or seller's market?
Lockwood, CA is a seller's market, based on 1.0 months of supply and homes selling in about 13 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Lockwood housing market data show?
Every row below is Redfin's final published month for Lockwood, CA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.03M |
| Median price per sq ft | $345/sq ft |
| Median days on market | 13 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 93.8% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lockwood is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Lockwood is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Lockwood home prices moved?
Across the 10 months we hold for Lockwood, CA, the median sale price rose 3.3%, from $999,500 in September 2021 to $1.03M. 100.0% of Lockwood listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 93.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Lockwood?
Priced off the median sale price of $1.03M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $206,472 | $825,888 | $5,307/mo |
| 5% | $51,618 | $980,742 | $6,303/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $5,307, that implies roughly $227,459 a year before you add taxes and insurance. We do not hold a Census income figure for Lockwood, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Lockwood in the next 12 months?
Tell us your timeline. We send the Lockwood market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Lockwood?
Zillow does not publish a rent index (ZORI) for Lockwood, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Lockwood?
Active listings in Lockwood, CA went from 2 in September 2021 to 1 in May 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| September 2021 | 2 | not published |
| January 2022 | 2 | not published |
| February 2022 | 2 | not published |
| March 2022 | 2 | 2 |
| April 2022 | 1 | not published |
| July 2022 | 4 | 2 |
| April 2023 | 2 | not published |
| December 2025 | 2 | 1 |
| May 2026 | 1 | not published |
Redfin, through May 2026
How does Lockwood compare to California and the U.S.?
Lockwood homes sell for $1.03M — 16% above the California median of $887,400. Against the national median of $410,700, Lockwood runs 151% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Lockwood, CA | $1.03M | not published | 13 days |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Lockwood
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $995 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $1.03M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Lockwood listing goes under contract in 13 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 93.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Lockwood varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Lockwood
There are currently 1 homes listed for sale in Lockwood, California.
Active listings
1
Homes on market
Avg. days on market
13
Days until sale
How much do homes cost in Lockwood by property type?
How the Lockwood, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.03M | $345/sq ft | 1 | 13 days |
Which public schools serve Lockwood?
1 schools tracked · 144 students
The largest public schools serving Lockwood, 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.
San Antonio Elementary
Grades K-8 · 144 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 Lockwood, CA?
Ordered by distance from Lockwood, not by size. Compare Lockwood side by side with any of them.
Lockwood housing market FAQ
Is Lockwood a buyer's or seller's market?
Lockwood, CA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 13 days, and sellers getting 93.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Lockwood?
The median sale price in the last month Redfin published was $1.03M, about $345 per square foot.
Is Lockwood cheaper than the rest of California?
Lockwood's median sale price of $1.03M is 16% higher than the California statewide median of $887,400, and 151% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Lockwood?
Homes in Lockwood, CA spent a median of 13 days on market before going under contract, versus 33 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Lockwood?
At the current 30-year fixed rate of 6.66%, 20% down on a $1.03M home is about $5,307 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $227,459 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Lockwood?
We do not hold a complete 12-month value series for Lockwood, CA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Lockwood?
Lockwood ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Lockwood?
That depends on your timeline, not on a headline. What the data says today: Lockwood, CA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $1.03M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.