Housing Prices in Lakewood, TX

How much do homes in Lakewood, TX cost?

Median List Price

$1,299,250

$485/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$20,250(+1.6%)

Key Takeaway

The list price of homes in Lakewood has increased by 1.6% since last year.

Summary: The median home list price in Lakewood was $1,299,250 in October 2024, up 1.6% from the previous year, and the median price per square foot was $485.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$225K
0.0%
2 $719.9K$734.9K
+2.1%
3 $899.9K$995K
+10.6%
4 $1.5M$1.7M
+11.4%
5+ $2.0M$2.4M
+18.7%

Summary: Lakewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 18.7%.

Median List Price Compared To Nearby Neighborhoods

Lake Way
+19.8%
Old East Dallas
+5.0%
Lakewood
+1.6%
Lakewood Estates
-7.1%

Housing Supply in Lakewood, TX

How many homes are available in Lakewood, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4951+4.1%

Summary: The Lakewood real estate market had 51 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 78
+14.3%
3 108
-20.0%
4 1515
0.0%
5+ 1419
+35.7%

Summary: The Lakewood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 35.7%.

Days on Market for Lakewood, TX

How long does it take to sell a home in Lakewood, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
82 Days70 Days-14.0%

Summary: Homes in Lakewood had an average listing age of 70 days in Oct 2024, down by 14% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Lakewood, TX

Nearby Markets to Lakewood, TX