New Listing
44
$69,900
12520 Edgewater Dr Apt 210
Lakewood, OH 44107
1 bd1 ba840 sqft$83/ft²
Condo3.78 acres
Mathew Chase · Keller Williams Greater Metropolitan
View photos & details
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Compass Real Estate · Lakewood, OH
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Lakewood, OH(512) 555-0184TX License #0512847
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Lakewood, OH Housing Market & Real Estate
Strong seller's market+8.9% YoY
Housing market overview · Updated monthly ·
$349,000median sale price
How is the Lakewood, OH housing market right now?
The median home sale price in Lakewood, OH is $349,000, up 8.9% year-over-year. Homes sell in an average of 20 days with 115 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?
Strong seller's market1.9 months of supply20 avg. days on market
Lakewood, OH is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
61
Last 12 weeks
Days on market
20
Fast-moving
Active listings
115
1.9 months supply
Sale-to-list
102.1%
Above asking
What does the Lakewood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Median list price | $360,000 |
| Year-over-year price change | +8.9% |
| Average days on market | 20 days |
| Active inventory | 115 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 102.1% |
| Median price per sq ft | $222/sq ft |
| Homes sold (latest month) | 61 |
| New listings (latest month) | 71 |
| Listings with a price cut | 33.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood by property type?
How the Lakewood, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $382,500 | $237/sq ft | 38 | 6 days |
| Condo / Co-op | $102,450 | $121/sq ft | 12 | 51 days |
| Townhouse | $396,000 | $171/sq ft | 2 | 38 days |
Source: Redfin · Updated monthly
The Lakewood housing market is currently classified as a strong seller's market with a median sale price of $349,000. Prices have risen 8.9% compared to last year, with homes spending an average of 20 days on market, indicating 1.9 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 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Lakewood
There are currently 115 homes listed for sale in Lakewood, Ohio. The median listing price is $360K. Featured listings range from $69,900 to $699,900.
New Listing
27
$209,900
12900 Lake Ave Apt 1016
Lakewood, OH 44107
1 bd1 ba744 sqft$282/ft²
Condo
Suzanne Lambert · Howard Hanna
View photos & details
New Listing
29
$210,000
12900 Lake Ave Apt 2005
Lakewood, OH 44107
1 bd1 ba720 sqft$292/ft²
Condo
Brian Gilbert · The Holden Agency
View photos & details
New Listing
36
$219,900
12900 Lake Ave Apt 320
Lakewood, OH 44107
2 bd2 ba1,046 sqft$210/ft²
Condo
Brandy Phillips · Keller Williams Citywide
View photos & details
New Listing
38
$229,900
1314 Cove Ave
Lakewood, OH 44107
3 bd2 ba1,044 sqft$220/ft²
House3,690 sqft lot
Zachariah Hays · Keller Williams Living
View photos & details
New Listing
49
$292,000
12550 Lake Ave Apt 503
Lakewood, OH 44107
2 bd2 ba1,176 sqft$248/ft²
Condo4.70 acres
Greg Fusco · Howard Hanna
View photos & details
New Listing
29
$319,900
12950 Emerson Ave
Lakewood, OH 44107
4 bd2 ba2,242 sqft$143/ft²
Multi-family3,920 sqft lot
Lucy Loper · Howard Hanna
View photos & details
New Listing
50
$354,000
17712 Riverway Dr
Lakewood, OH 44107
4 bd3 ba1,638 sqft$216/ft²
House10,350 sqft lot
Gregory Erlanger · Keller Williams Citywide
View photos & details
New Listing
35
$389,000
14915 Clifton Blvd
Lakewood, OH 44107
5 bd2 ba0 sqft0
House8,276 sqft lot
Ari Dori · Acacia Realty, LLC.
View photos & details
New Listing
48
$430,000
1228 Andrews Ave
Lakewood, OH 44107
4 bd2 ba1,778 sqft$242/ft²
House5,227 sqft lot
Patricia Zaller · HomeSource Real Estate LLC
View photos & details
New Listing
38
$435,000
1281 Cook Ave
Lakewood, OH 44107
6 bd2 ba0 sqft0
Multi-family4,792 sqft lot
Michael Anter · JAMM Real Estate Co.
View photos & details
New Listing
16
$699,900
13971 Lake Ave
Lakewood, OH 44107
4 bd4 ba2,204 sqft$318/ft²
House12,872 sqft lot
Scott Marvin · Team Results Realty
View photos & details
Looking to buy in Lakewood?
Get connected with a local real estate expert — free, no obligation.
Active listings
115
Homes on market
Median list price
$360K
Avg. days on market
20
Days until sale
New this week
71
Newly listed
Price drops:33.9%of listings
Sale-to-list:102.1%
Who lives in Lakewood?
Population
50,229
Median income
$65,925/yr
Median age
34.7 years
Owner-occupied
44.5%
College grads
53.9%
Avg commute
23.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakewood?
Zillow home value
$301,227
Zillow rent index
$1,466/mo
Price-to-rent ratio
17.1x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Lakewood?
Lakewood is a community of approximately 50K residents with a median age of 34.7 years.The median household income is $65,925, which represents a working-class community with solid middle-income opportunities. 53.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.5%, showing a blend of owner and renter-occupied properties. The average commute time is 23.4 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?
12 schools tracked · 4,410 students
The largest public schools serving Lakewood, OH 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 School
Grades 8-12 · 1,414 students
Garfield Middle School
Grades 6-8 · 469 students
Harding Middle School
Grades 6-8 · 459 students
Grant Elementary School
Grades PK-5 · 330 students
Emerson Elementary School
Grades K-5 · 310 students
Hayes Elementary School
Grades PK-5 · 290 students
Harrison Elementary School
Grades PK-5 · 270 students
Lincoln Elementary School
Grades PK-5 · 264 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, OH?
Want a head-to-head view? Compare Lakewood side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Lakewood?
Is Lakewood a good real estate investment market?
For investors evaluating Lakewood, the price-to-rent ratio of 17.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.9% 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 $349,000, up 8.9% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 20 days on market before going under contract.
What is the median income in Lakewood?
The median household income is $65,925 per year.
Is Lakewood a buyer's or seller's market?
With 1.9 months of supply, Lakewood is currently a strong seller's market.
How many homes are for sale in Lakewood?
There are currently 115 homes listed for sale in Lakewood, OH.
What is the Zillow home value estimate for Lakewood?
The Zillow Home Value Index (ZHVI) for Lakewood is $301,227, 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, OH is $102,450, compared to $382,500 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, OH is $382,500 (about $237 per square foot).
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