The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $1.6M last month, down 3.8% since last year. The median sale price per square foot in Lakewood is $1.03K, down 13.8% since last year.
What is the housing market like in Lakewood today?
In May 2025, Lakewood home prices were down 3.8% compared to last year, selling for a median price of $1.6M. On average, homes in Lakewood sell after 13 days on the market compared to 8 days last year. There were 34 homes sold in May this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,587,500
-3.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lakewood, CA
$1,587,500
-3.8%
United States
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How hot is the Lakewood housing market?
Lakewood is very competitive. Homes sell in 13 days.
0
100
78
Very Competitive
Redfin Compete Score™
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 7% above list price and go pending in around 13 days.
Hot homes
can sell for about 14% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Major
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a major risk of flooding. 795 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Lakewood. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood has a minor risk of wildfire. There are 1 properties in Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lakewood.