Lakewood, CA Housing Market
The Lakewood housing market is very competitive. Homes in Lakewood receive 5 offers on average and sell in around 23 days. The median sale price of a home in Lakewood was $860K last month, up 13.9% since last year. The median sale price per square foot in Lakewood is $626, up 1.1% since last year.
Lakewood Housing Market Trends
In March 2024, Lakewood home prices were up 13.9% compared to last year, selling for a median price of $860K. On average, homes in Lakewood sell after 23 days on the market compared to 32 days last year. There were 34 homes sold in March this year, down from 37 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lakewood housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 22 days.
- Hot homescan sell for about 7% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 42 days.
- Hot homescan sell for about 4% above list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 35 days.
- Hot homescan sell for about 4% above list price and go pending in around 18 days.
Lakewood Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Lakewood from outside metros.
- San Francisco homebuyers searched to move into Lakewood more than any other metro followed by New York and Seattle.
- 80% of Lakewood homebuyers searched to stay within the Lakewood metropolitan area.
- San Diego was the most popular destination among Lakewood homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
View houses in Lakewood that sold recently
Recently sold homes
- $1,225,000 Last Sold Price4 beds3 baths2,094 sq ft5416 Faculty Ave, Lakewood, CA 90712List Price$1,199,000Sale to List2% over listDays on Market56 days5416 Faculty Ave, Lakewood, CA 90712
- $770,000 Last Sold Price3 beds2 baths1,371 sq ft2846 Del Amo Blvd, Lakewood, CA 90712List Price$770,000Sale to List0% over listDays on Market160 days2846 Del Amo Blvd, Lakewood, CA 90712
- $808,000 Last Sold Price3 beds2 baths1,166 sq ft5423 Gondar Ave, Lakewood, CA 90713List Price$779,000Sale to List4% over listDays on Market34 days5423 Gondar Ave, Lakewood, CA 90713
- $640,000 Last Sold Price3 beds1.5 baths1,218 sq ft20821 Norwalk Blvd #19, Lakewood, CA 90715Palm Realty Boutique, Inc. Redfin CorporationList Price$618,000Sale to List4% over listDays on Market29 days20821 Norwalk Blvd #19, Lakewood, CA 90715
- $900,000 Last Sold Price4 beds3 baths2,001 sq ft5860 Adenmoor Ave, Lakewood, CA 90713List Price$969,000Sale to List7% under listDays on Market258 days5860 Adenmoor Ave, Lakewood, CA 90713
- $917,000 Last Sold Price3 beds2 baths1,637 sq ft6309 Hungerford St, Lakewood, CA 90713List Price$879,900Sale to List4% over listDays on Market28 days6309 Hungerford St, Lakewood, CA 90713
- $875,000 Last Sold Price3 beds1 bath1,076 sq ft6014 Hardwick St, Lakewood, CA 90713List Price$850,000Sale to List3% over listDays on Market56 days6014 Hardwick St, Lakewood, CA 90713
- $1,400,000 Last Sold Price5 beds4 baths2,135 sq ft5019 , 5021, & 5019 #1 Ashworth St, Lakewood, CA 90712Century 21 Realty MastersList Price$1,399,000Sale to List0% over listDays on Market61 days5019 , 5021, & 5019 #1 Ashworth St, Lakewood, CA 90712
See all recently sold homes in Lakewood.
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Schools in Lakewood
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Nixon (patricia) Elementary School Public • K-6 | 785 Students | 18 reviews |
9/10 Cleveland Elementary School Public • K-5 | 469 Students | 7 reviews |
8/10 MacArthur Elementary School Public • K-5 | 374 Students | 10 reviews |
8/10 Henry K-8 Public • K-5 | 846 Students | 23 reviews |
8/10 Madison Elementary School Public • K-5 | 357 Students | 13 reviews |
Climate's impact on Lakewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lakewood.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
Heat Factor
Transportation in Lakewood
Walk Score®
Bike Score®
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