Search homes for sale in Lakewood, known for its beautiful parks and lakes, established tree-lined neighborhoods, unique and affordable housing, and re-emerging downtown.
The Lakewood housing market is very competitive, with homes receiving an average of four offers and selling in about 28 days, reflecting strong buyer demand. The median sale price rose to $880K last month, up 2.1% year-over-year, indicating steady appreciation despite increased competition. However, the median sale price per square foot declined by 3.1% to $666, suggesting that larger homes or properties with more space are influencing the overall price growth. While buyers face intense competition for well-priced homes, sellers benefit from multiple offers and strong negotiating power, particularly for desirable, move-in-ready properties.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In June 2025, Lakewood’s housing market remained strong, with home prices up 2.1% year-over-year to a median of $880K, reflecting steady demand and continued appreciation. Homes are selling faster than last year, averaging 28 days on the market compared to 38 days, indicating increased buyer urgency and competitive conditions. Sales volume held relatively steady, with 41 homes sold compared to 42 last year, suggesting consistent market activity despite limited inventory. Overall, Lakewood continues to show signs of a competitive market, with quick sales and stable demand supporting gradual price growth.
Lakewood is a very competitive housing market, with homes selling in an average of 28 days, reflecting strong buyer demand and limited inventory. Many properties receive multiple offers, and some buyers are willing to waive contingencies to secure a home, highlighting the market’s competitiveness. On average, homes sell for about 1% above list price and typically go pending within the same 28-day timeframe, showing that buyers are willing to pay slightly more to win bids. Hot homes—well-priced and highly desirable—can attract even stronger competition, often selling for up to 3% above list price and going pending in as little as 16 days.
Lakewood, CA is a seller’s market in June 2025, meaning buyer demand is outpacing the available housing supply, creating strong conditions for sellers. Homes are selling quickly, with many receiving multiple offers, and some buyers are waiving contingencies to secure desirable properties. Limited inventory and steady price growth give sellers significant negotiating power, often resulting in homes selling above list price, especially in sought-after neighborhoods. Buyers, on the other hand, face stiff competition and must act quickly with strong, competitive offers to succeed in this fast-moving market.
Whether you're ready to make a move or simply have questions about the Lakewood real estate market, we're here to help. Our team of experienced professionals is dedicated to guiding you through every step of the home-buying process. From answering your inquiries to helping you find the perfect property, we’re committed to making your Lakewood homeownership journey seamless and enjoyable. Don’t wait—reach out to us today and let’s turn your real estate goals into reality!
Explore everything Lakewood, CA, has to offer with our comprehensive neighborhood guide. From vibrant community events and top-rated schools to dining, shopping, and housing insights, this guide is your go-to resource for discovering what makes Lakewood a great place to call home. Dive in and start exploring today!
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