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Featured local agent — Lakewood, NY
Sarah Mitchell
Compass Real Estate · Lakewood, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakewood, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$880,000median sale price
How is the Lakewood, NY housing market right now?
The median home sale price in Lakewood, NY is $880,000, up 429.3% year-over-year. Homes sell in an average of 1 days with 11 active listings. The market is currently a balanced 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, NY is currently a balanced market, based on 11.0 months of supply and homes selling in about 1 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
1
Fast-moving
Active listings
11
11.0 months supply
Sale-to-list
100.6%
Above asking
What does the Lakewood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $880,000 |
| Median list price | $242,400 |
| Year-over-year price change | +429.3% |
| Average days on market | 1 days |
| Active inventory | 11 listings |
| Months of supply | 11.0 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $326/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Listings with a price cut | 45.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood by property type?
How the Lakewood, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $880,000 | $326/sq ft | 1 | 1 days |
| Condo / Co-op | $340,000 | $296/sq ft | 1 | 22 days |
Source: Redfin · Updated monthly
The Lakewood housing market is currently classified as a balanced market with a median sale price of $880,000. Prices have risen 429.3% compared to last year, with homes spending an average of 1 days on market, indicating 11.0 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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Lakewood
There are currently 11 homes listed for sale in Lakewood, New York. The median listing price is $242K.
Active listings
11
Homes on market
Median list price
$242K
Avg. days on market
1
Days until sale
New this week
6
Newly listed
Who lives in Lakewood?
Population
2,975
Median income
$70,962/yr
Median age
44.9 years
Owner-occupied
65.1%
College grads
37.6%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakewood?
Zillow home value
$240,243
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Lakewood?
Lakewood is a community of approximately 3K residents with a median age of 44.9 years.The median household income is $70,962, which represents a working-class community with solid middle-income opportunities. 37.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 19 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 cities are near Lakewood, NY?
Want a head-to-head view? Compare Lakewood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lakewood?
The median home sale price in Lakewood is $880,000, up 429.3% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 1 days on market before going under contract.
What is the median income in Lakewood?
The median household income is $70,962 per year.
Is Lakewood a buyer's or seller's market?
With 11.0 months of supply, Lakewood is currently a balanced market.
What is the Zillow home value estimate for Lakewood?
The Zillow Home Value Index (ZHVI) for Lakewood is $240,243, 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, NY is $340,000, compared to $880,000 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, NY is $880,000 (about $326 per square foot).
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