$10,000 Closing Credit*
$899,000
4,000 SqFt
4 Beds
•3 Full Baths, 2 Partial
Aimee Farrell, Listing Office: RE/MAX Living
Is Lakewood, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lakewood has remained a Buyer's 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, LA
How much do homes in Lakewood, LA cost?
Median Sold Price
$522,500
$207/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$72,500(-12.2%)
Key Takeaway
Homes in Lakewood have sold for 12.2% less than they did a month ago.
Summary: The median home sold price in Lakewood was $522,500 in October 2024, down 12.2% from last month, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | $615K | +36.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $740K | $430K | -41.9% |
Summary: Lakewood housing prices by bedroom type for October 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 increased by 36.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 41.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakewood | $595K | $522.5K | -12.2% |
| Navarre | $435K | $368K | -15.4% |
Housing Supply in Lakewood, LA
How many homes are available in Lakewood, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Lakewood real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Lakewood housing inventory by bedroom type for October 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 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakewood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lakewood in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakewood, LA
How long does it take to sell a home in Lakewood, LA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 Days | 79 Days | -48.9% |
Summary: Homes in Lakewood had an average of 79 days on market in Oct 2024, down by 48.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Lakewood; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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