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Featured local agent — Lakewood Park, TN
Sarah Mitchell
Compass Real Estate · Lakewood Park, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakewood Park, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$302,750median sale price
How is the Lakewood Park, TN housing market right now?
The median home sale price in Lakewood Park, TN is $302,750. Homes sell in an average of 88 days with 2 active listings. The market is currently a 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 Park a buyer's or seller's market?
Lakewood Park, TN is currently a seller's market, based on 0.5 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
88
Average pace
Active listings
2
0.5 months supply
Sale-to-list
100.6%
Above asking
What does the Lakewood Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,750 |
| Median list price | $289,900 |
| Average days on market | 88 days |
| Active inventory | 2 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood Park by property type?
How the Lakewood Park, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $302,750 | $180/sq ft | 4 | 88 days |
Source: Redfin · Updated monthly
The Lakewood Park housing market is currently classified as a seller's market with a median sale price of $302,750. Prices have fallen 0.0% compared to last year, with homes spending an average of 88 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lakewood Park
There are currently 2 homes listed for sale in Lakewood Park, Tennessee. The median listing price is $290K.
Active listings
2
Homes on market
Median list price
$290K
Avg. days on market
88
Days until sale
New this week
1
Newly listed
Who lives in Lakewood Park?
Population
1,016
Median income
$39,167/yr
Median age
54.4 years
Owner-occupied
80.2%
College grads
9.5%
Avg commute
38.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lakewood Park?
Lakewood Park is a community of approximately 1K residents with a median age of 54.4 years.The median household income is $39,167, which represents a working-class community with solid middle-income opportunities. 9.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lakewood Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lakewood Park, TN?
Want a head-to-head view? Compare Lakewood Park 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 Park?
The median home sale price in Lakewood Park is $302,750, down 0.0% from last year.
How long do homes stay on market in Lakewood Park?
Homes typically spend 88 days on market before going under contract.
What is the median income in Lakewood Park?
The median household income is $39,167 per year.
Is Lakewood Park a buyer's or seller's market?
With 0.5 months of supply, Lakewood Park is currently a seller's market.
How much does a single-family home cost in Lakewood Park?
The median single-family home price in Lakewood Park, TN is $302,750 (about $180 per square foot).
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