The South Lakewood housing market is very competitive. Homes in South Lakewood receive 3 offers on average and sell in around 13 days. The median sale price of a home in South Lakewood was $550K last month, up 8.9% since last year. The median sale price per square foot in South Lakewood is $274, up 1.1% since last year.
What is the housing market like in South Lakewood today?
In March 2024, South Lakewood home prices were up 8.9% compared to last year, selling for a median price of $550K. On average, homes in South Lakewood sell after 13 days on the market compared to 21 days last year. There were 129 homes sold in March this year, down from 151 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$549,900
+8.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Lakewood, CO
$549,900
+8.9%
United States
To compare other locations to the South Lakewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lakewood add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Lakewood housing market?
South Lakewood is very competitive. Homes sell in 6.5 days.
0
100
78
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 7 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Bear Creek K-8 School
Public • K-8 • Choice school
1060
Students
35 reviews
7/10
Green Gables Elementary School
Public • K-5 • Choice school
219
Students
19 reviews
6/10
Patterson Elementary School
Public • PreK-6 • Choice school
446
Students
10 reviews
5/10
Kendrick Lakes Elementary School
Public • PreK-5 • Choice school
391
Students
20 reviews
4/10
Lasley Elementary School
Public • K-6 • Choice school
431
Students
7 reviews
Only showing 5 of
9 elementary schools.
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 South Lakewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Lakewood.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Lakewood has a minor risk of flooding. 418 properties in South Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in South Lakewood. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Lakewood has a moderate risk of wildfire. There are 4,272 properties in South Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in South Lakewood.
South Lakewood has minimal risk of severe winds over the next 30 years
Wind Factor
South Lakewood has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.