$3,561 Closing Credit*
$299,900
1,184 SqFt
4 Beds
•1 Full Bath, 1 Partial
Mohammad Zakir Sikder, Listing Office: Chapman Hall Professionals
Is Lakewood, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lakewood was a Neutral Market.
Key Takeaway
Lakewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakewood, GA
How much do homes in Lakewood, GA cost?
Median Sold Price
$229,000
$133/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$86,000(-27.3%)
Key Takeaway
Homes in Lakewood have sold for 27.3% less than they did a month ago.
Summary: The median home sold price in Lakewood was $229,000 in November 2024, down 27.3% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $315K | - | N/A |
| 4 Bedrooms | - | $229K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lakewood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Swallow Circle / Baywood | $254K | $254.9K | 0.4% |
| Lakewood | $315K | $229K | -27.3% |
Housing Supply in Lakewood, GA
How many homes are available in Lakewood, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Lakewood real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lakewood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lakewood in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lakewood, GA
How long does it take to sell a home in Lakewood, GA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 27 Days | -58.2% |
Summary: Homes in Lakewood had an average of 27 days on market in Nov 2024, down by 58.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lakewood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lakewood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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