What is the housing market like in Lakewood today?
In February 2025, Lakewood home prices were down 21.3% compared to last year, selling for a median price of $453K. On average, homes in Lakewood sell after 65 days on the market compared to 14 days last year. There were 8 homes sold in February this year, up from 2 last year.
$650K
Sale Price
$175
Sale $/Sq. Ft.
Under List Price
1.5%
Days on Market
29
Down Payment
—
Total Homes Sold
3
To compare other locations to the Lakewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lee's Summit add value to a home.
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How hot is the Lakewood housing market?
Lakewood is somewhat competitive. Homes sell in 29 days.
0
100
58
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 29 days.
Hot homes
can sell for around list price and go pending in around 12 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
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a minor risk of flooding. 27 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Lakewood. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood is most at risk from hurricanes. 477 properties in Lakewood 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 49 mph.