The Lakewood Hills housing market is somewhat competitive. The median sale price of a home in Lakewood Hills was $1.5M last month, down 5.2% since last year. The median sale price per square foot in Lakewood Hills is $379, down 17.1% since last year.
What is the housing market like in Lakewood Hills today?
In May 2025, Lakewood Hills home prices were down 5.2% compared to last year, selling for a median price of $1.5M. On average, homes in Lakewood Hills sell after 35 days on the market compared to 12 days last year. There were 9 homes sold in May this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
-5.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lakewood Hills, TX
$1,500,000
-5.2%
United States
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How hot is the Lakewood Hills housing market?
Lakewood Hills is somewhat competitive. Homes sell in 44 days.
0
100
48
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 about 2% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 17 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 Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Hills.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Hills has a minor risk of flooding. 19 properties in Lakewood Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lakewood Hills. 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 Hills has a moderate risk of wildfire. There are 2 properties in Lakewood Hills that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lakewood Hills.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood Hills has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood Hills is most at risk from hurricanes. 539 properties in Lakewood Hills have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.