The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $725K last month, up 10.7% since last year. The median sale price per square foot in Lakewood is $317, up 10.3% since last year.
What is the housing market like in Lakewood today?
In October 2024, Lakewood home prices were up 10.7% compared to last year, selling for a median price of $725K. On average, homes in Lakewood sell after 26 days on the market compared to 11 days last year. There were 13 homes sold in October this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$724,950
+10.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lakewood, WA
$724,950
+10.7%
United States
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How hot is the Lakewood housing market?
Lakewood is very competitive. Homes sell in 12.5 days.
0
100
77
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 around list price and go pending in around 13 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 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 - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a minor risk of flooding. 1 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Lakewood. Flood risk is increasing slower than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood has a moderate risk of wildfire. There are 106 properties in Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in Lakewood.