Lakewood, VA Housing Market
The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $580K last month, up 5.0% since last year.
Lakewood Housing Market Trends
In October 2024, Lakewood home prices were up 5.0% compared to last year, selling for a median price of $580K.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lakewood housing market?
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 25 days.
- Hot homescan sell for about 3% above list price and go pending in around 13 days.
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 around list price and go pending in around 25 days.
- Hot homescan sell for about 2% above list price and go pending in around 11 days.
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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 27 days.
- Hot homescan sell for around list price and go pending in around 13 days.
View houses in Lakewood that sold recently
Recently sold homes
- $628,000 Last Sold Price12 beds7 baths—sq ft713 15th St, Virginia Beach, VA 23451List Price$575,000Sale to List9% over listDays on Market46 days713 15th St, Virginia Beach, VA 23451
- $395,0003 beds1 bath1,121 sq ft814 15th St, Virginia Beach, VA 23451List Price—Sale to List—Days on Market—814 15th St, Virginia Beach, VA 23451
- $725,000 Last Sold Price4 beds3.5 baths2,576 sq ft713 14th St, Virginia Beach, VA 23451List Price$729,000Sale to List1% under listDays on Market86 days713 14th St, Virginia Beach, VA 23451
- $580,000 Last Sold Price3 beds2.5 baths1,461 sq ft704 15th St, Virginia Beach, VA 23451List Price$599,900Sale to List3% under listDays on Market35 days704 15th St, Virginia Beach, VA 23451
- $482,000 Last Sold Price2 beds1 bath729 sq ft606 14th St, Virginia Beach, VA 23451List Price$360,000Sale to List34% over listDays on Market83 days606 14th St, Virginia Beach, VA 23451
- $385,000 Last Sold Price3 beds2 baths1,581 sq ft604 14th St, Virginia Beach, VA 23451List Price$385,000Sale to List0% over listDays on Market83 days604 14th St, Virginia Beach, VA 23451
- $255,000 Last Sold Price1 bed1 bath438 sq ft604 14th St Unit 1/2, Virginia Beach, VA 23451List Price$255,000Sale to List0% over listDays on Market83 days604 14th St Unit 1/2, Virginia Beach, VA 23451
- $834,800 Last Sold Price4 beds3.5 baths2,567 sq ft1412 Mediterranean Ave, Virginia Beach, VA 23451List Price$829,000Sale to List1% over listDays on Market309 days1412 Mediterranean Ave, Virginia Beach, VA 23451
See all recently sold homes in Lakewood.
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Schools in Lakewood
- Elementary
- Middle
- High
GreatSchools Rating
5/10 W.T. Cooke Elementary School Public • PreK-5 | 479 Students | 7 reviews |
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
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Severe
Wind Factor
Wind likelihood over time
Heat Factor - Extreme
Heat Factor
Transportation in Lakewood
Walk Score®
Transit Score®
Bike Score®
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