The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $395K last month, up 6.0% since last year. The median sale price per square foot in Lakewood is $272, up 0.9% since last year.
What is the housing market like in Lakewood today?
In March 2024, Lakewood home prices were up 6.0% compared to last year, selling for a median price of $395K. On average, homes in Lakewood sell after 21 days on the market compared to 22 days last year. There were 25 homes sold in March this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$394,990
+6.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood, UT
$394,990
+6.0%
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 Provo add value to a home.
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How hot is the Lakewood housing market?
Lakewood is very competitive. Homes sell in 21 days.
0
100
80
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 8 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.3%
+0.3 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood, UT
99.3%
+0.3 pt
United States
Home offer insights for Lakewood
Explore recent offers and recently sold homes in Lakewood
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.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a minor risk of flooding. 15 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Lakewood. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood has a moderate risk of wildfire. There are 876 properties in Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Lakewood.