Lakewood, CA Housing Market
Median List Price
$885,000
Updated August 2026
Today, Lakewood has 56 homes for sale at a median list price of $885,000, typically selling in about 37 days.
Lakewood Market Analysis
Buyers in Lakewood, CA are looking at a median list price of $885,000. Median pricing works out to $605 per square foot. Since February, the median price has moved up about 2.3% to $900,000 as of July.
It takes about 10 days for the typical home here to go under contract. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Lakewood, CA has 56 active listings on the market right now. 23 new listings came on the market in the last 30 days.
Pricing spreads from a $595,000 median for two bedroom homes to $1.1M for four bedroom homes. Most of what is for sale here is single family homes, about 82.1% of the mix. The area spans the 90713, 90712, and 90715 ZIP codes.
Lakewood Rental Market
Renters in Lakewood, CA are looking at a median asking rent of $3,600. Since February, the median rent has moved up about 8.0% to $3,995 as of July. Lakewood, CA has 9 active rental listings on the market right now.
Lakewood Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.6 months of supply, and the typical home sells in about 37 days. At the same time, 36% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$885K
↑ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.6 months of supply
Tight Supply56 active listings against the current sales pace works out to about 1.6 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~37 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 26% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Lakewood
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
72%
Homeowners
28%
Renters
Homeownership is 16.5 points higher than the California average (55.5%)
26,118 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $225K in value on average.
Price Reductions
20 listings have reduced their price
36% of active listings
Average reduction: 4.2% (~$37K)
Browse Lakewood Listings
Frequently Asked Questions about the Lakewood, CA Housing Market
What is the median home price in Lakewood, CA?
The median list price in Lakewood is $885,000 as of August 2026, based on 56 active listings.
Is Lakewood a buyer's market or a seller's market?
Lakewood currently reads as a seller's market. Active inventory works out to about 1.6 months of supply at the recent sales pace.
How fast do homes sell in Lakewood?
Homes that closed in the last 90 days typically went under contract in about 10 days. The average home currently for sale has been on the market for 37 days.
Are home prices in Lakewood going up or down?
The median sale price in Lakewood is up about 1.5% compared with a year ago.
How many homes are for sale in Lakewood, CA?
There are 56 homes for sale in Lakewood right now, including 7 listed within the last week.
What is the median rent in Lakewood?
The median asking rent in Lakewood is $3,600 per month, across 9 active rental listings.