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Featured local agent — Lakewood Village, TX
Sarah Mitchell
Compass Real Estate · Lakewood Village, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakewood Village, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$485,750median sale price
How is the Lakewood Village, TX housing market right now?
The median home sale price in Lakewood Village, TX is $485,750, down 75.7% year-over-year. Homes sell in an average of 58 days with 32 active listings. The market is currently a buyer'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 Village a buyer's or seller's market?
Lakewood Village, TX is currently a buyer's market, based on 5.3 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
58
Average pace
Active listings
32
5.3 months supply
Sale-to-list
96.4%
Below asking
What does the Lakewood Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $485,750 |
| Median list price | $931,062 |
| Year-over-year price change | -75.7% |
| Average days on market | 58 days |
| Active inventory | 32 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $217/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 6 |
| Listings with a price cut | 40.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood Village by property type?
How the Lakewood Village, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $499,000 | $221/sq ft | 5 | 92 days |
Source: Redfin · Updated monthly
The Lakewood Village housing market is currently classified as a buyer's market with a median sale price of $485,750. Prices have fallen 75.7% compared to last year, with homes spending an average of 58 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Lakewood Village
There are currently 32 homes listed for sale in Lakewood Village, Texas. The median listing price is $931K.
Active listings
32
Homes on market
Median list price
$931K
Avg. days on market
58
Days until sale
New this week
6
Newly listed
Who lives in Lakewood Village?
Population
784
Median income
$154,219/yr
Median age
49.4 years
Owner-occupied
97.9%
College grads
37.5%
Avg commute
33.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Lakewood Village?
Lakewood Village is a community of approximately 1K residents with a median age of 49.4 years.The median household income is $154,219, which reflects a relatively affluent area with strong earning potential. 37.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lakewood Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lakewood Village, TX?
Want a head-to-head view? Compare Lakewood Village 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 Village?
The median home sale price in Lakewood Village is $485,750, down 75.7% from last year.
How long do homes stay on market in Lakewood Village?
Homes typically spend 58 days on market before going under contract.
What is the median income in Lakewood Village?
The median household income is $154,219 per year.
Is Lakewood Village a buyer's or seller's market?
With 5.3 months of supply, Lakewood Village is currently a buyer's market.
How much does a single-family home cost in Lakewood Village?
The median single-family home price in Lakewood Village, TX is $499,000 (about $221 per square foot).
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