Lakewood, VA Housing Market
The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $560K last month, down 40.7% since last year.
Lakewood Housing Market Trends
In April 2024, Lakewood home prices were down 40.7% compared to last year, selling for a median price of $560K.
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 20 days.
- Hot homescan sell for about 3% 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 2% below list price and go pending in around 29 days.
- Hot homescan sell for about 1% above list price and go pending in around 13 days.
Home offer insights for Lakewood
Recent offers
View houses in Lakewood that sold recently
Recently sold homes
- $810,000 Last Sold Price4 beds3.5 baths2,415 sq ft1221 Cypress Ave, Virginia Beach, VA 23451List Price$810,000Sale to List0% over listDays on Market37 days1221 Cypress Ave, Virginia Beach, VA 23451
- $560,000 Last Sold Price3 beds2.5 baths1,680 sq ft1208 Mediterranean Ave Unit B, Virginia Beach, VA 23451List Price$559,000Sale to List0% over listDays on Market35 days1208 Mediterranean Ave Unit B, Virginia Beach, VA 23451
- $475,0003 beds3.5 baths1,651 sq ft919 12th St Unit B, Virginia Beach, VA 23451Days on Market—919 12th St Unit B, Virginia Beach, VA 23451
- $562,500 Last Sold Price3 beds3.5 baths1,800 sq ft921 12th St Unit B, Virginia Beach, VA 23451List Price$519,999Sale to List8% over listDays on Market19 days921 12th St Unit B, Virginia Beach, VA 23451
- $413,000 Last Sold Price3 beds2.5 baths1,450 sq ft1522 Parks Ave, Virginia Beach, VA 23451List Price$409,900Sale to List1% over listDays on Market110 days1522 Parks Ave, Virginia Beach, VA 23451
- $710,000 Last Sold Price3 beds2 baths1,462 sq ft481 Lakewood Cir, Virginia Beach, VA 23451List Price$705,900Sale to List1% over listDays on Market34 days481 Lakewood Cir, Virginia Beach, VA 23451
- $515,0003 beds3.5 baths1,762 sq ft911 12th St, Virginia Beach, VA 23451Days on Market—911 12th St, Virginia Beach, VA 23451
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 - Major
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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