The Lakewood housing market is very competitive. The median sale price of a home in Lakewood was $1.3M last month, up 23.8% since last year. The median sale price per square foot in Lakewood is $424, down 3.9% since last year.
What is the housing market like in Lakewood today?
In February 2025, Lakewood home prices were up 23.8% compared to last year, selling for a median price of $1.3M. On average, homes in Lakewood sell after 32 days on the market compared to 43 days last year. There were 39 homes sold in February this year, up from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,325,000
+23.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Lakewood, TX
$1,325,000
+23.8%
United States
To compare other locations to the Lakewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Dallas add value to a home.
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Work with the best agents in Lakewood
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How hot is the Lakewood housing market?
Lakewood is very competitive. Homes sell in 23 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 23 days.
Hot homes
can sell for about 1% above list price and go pending in around 10 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lakewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood.
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood has a moderate risk of flooding. 210 properties in Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lakewood. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood has a moderate risk of wildfire. There are 50 properties in Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lakewood.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood is most at risk from hurricanes. 4,026 properties in Lakewood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 96 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.