Question 1

What is the median sold price in Lakewood?

Accepted Answer

The median sold price in Lakewood is $620,000 based on 21 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Lakewood?

Accepted Answer

The average sold price in Lakewood is $687,038. Note that the average ($687,038) is higher than the median ($620,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Lakewood?

Accepted Answer

Home prices in Lakewood range from $519,315 to $997,920 based on recent sales data. This $478,605 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lakewood selling above or below asking price?

Accepted Answer

On average, homes in Lakewood are selling at 99.5% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Lakewood?

Accepted Answer

Homes in Lakewood are selling in an average of 43 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Lakewood?

Accepted Answer

The average price per square foot in Lakewood is $381. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $762,000.

Question 7

How active is the real estate market in Lakewood?

Accepted Answer

The Lakewood market has seen 21 home sales over the past 2 years, with 45 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Lakewood?

Accepted Answer

There have been 1 new listings in Lakewood during July 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Lakewood?

Accepted Answer

The most common property types selling in Lakewood are: detached single family (19 sold, avg $700,183), half duplex (1 sold, avg $605,000), townhouse (1 sold, avg $519,315). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Lakewood?

Accepted Answer

Detached homes in Lakewood are selling for an average of $700,183, with 19 sales over the past 2 years.

Question 11

How much do townhouses cost in Lakewood?

Accepted Answer

Townhouses in Lakewood are selling for an average of $519,315, with 1 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 12

Are home prices rising or falling in Lakewood?

Accepted Answer

Home prices in Lakewood have increased by 8.4% over the past 2 years. The average sold price moved from $572,000 to $620,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 13

Is Lakewood a buyer's or seller's market?

Accepted Answer

Based on current data, Lakewood is a slight seller's market. Homes are selling in 43 days on average and at 99.5% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 14

What percentage of homes sell above asking price in Lakewood?

Accepted Answer

In Lakewood, 14% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 15

What are the average property taxes in Lakewood?

Accepted Answer

The average annual property tax in Lakewood is $2,307, with a median of $1,112. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Lakewood?

Accepted Answer

Homes selling in Lakewood range from 1,156 to 2,429 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Lakewood?

Accepted Answer

Lakewood shows relatively consistent pricing with a standard deviation of $136,813 around the average price of $687,038. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

How do I find out how much a house sold for in Lakewood?

Accepted Answer

Simply search our Lakewood sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 19

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Lakewood will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 20

Do you show all MLS® sold listings for Lakewood?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Lakewood. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Lakewood — What Buyers Paid

Lakewood Sold Data Overview

Recently Sold in Lakewood

Lakewood Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Lakewood compare to Strathmore?

More neighbourhoods in Strathmore

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