The Lakewood housing market is somewhat competitive. The median sale price of a home in Lakewood was $1.2M last month, down 58.8% since last year. The median sale price per square foot in Lakewood is $359, down 14.1% since last year.
What is the housing market like in Lakewood today?
In October 2024, Lakewood home prices were down 58.8% compared to last year, selling for a median price of $1.2M.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,237,500
-58.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lakewood, OR
$1,237,500
-58.8%
United States
To compare other locations to the Lakewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Oswego add value to a home.
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How hot is the Lakewood housing market?
Lakewood is somewhat competitive. Homes sell in 6 days.
0
100
39
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 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 - Moderate
40% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a moderate risk of flooding. 155 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 40% of all properties in Lakewood. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood has a moderate risk of wildfire. There are 385 properties in Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in Lakewood.