Lakewood, CA—90712
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lakewood, CA
As of Oct '25, the median home price in Lakewood, CA is $848,000, with a year-over-year change of -1.0%. This indicates that home prices in Lakewood, CA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $848,000 | -1.0% |
| Single Family | $849,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $761,000 | -0.9% |
3 Bed | $846,000 | -1.5% |
4 Bed | $951,000 | -0.8% |
| 5 Bed | $1,084,000 | -1.8% |
% of Housing Stock
Rental Trends — Lakewood, CA
As of July '25, Rentcast reports the average rent in Lakewood, CA is $2,730, with a year-over-year rent change of -16.0%. Per bedroom, the median rent as of July '25 in Lakewood, CA is 1-bedrooms: $2,000, 2-bedrooms: $2,950, 3-bedrooms: $3,700. The most common rental property sizes in Lakewood, CA are 3-bedroom and 2-bedroom, accounting for 36.6% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $3,100 | $2,950 |
| 3 Bed Rent | $3,880 | $3,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lakewood, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lakewood, CA is 38. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $925,000 | 4.0% |
Listing Count | 41 | 9.0% |
| Listings as % of Homes | 0.2% | 9.0% |
Days on Market | 38 | -8.0% |
Demographics — Lakewood, CA
As of the latest ACS Survey released in 2023, Lakewood, CA has a population of 30,700, which has decreased by -1.3% over the past 5 years. Lakewood, CA is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,700 | -1.3% |
% Under 18 | 22.6% | 4.1% |
% Seniors | 13.8% | 2.2% |
% WFH | 14.3% | 741.2% |
% w/ College Degree | 36.9% | 19.0% |
As of the latest ACS Survey released in 2023, Lakewood, CA is a predominantly hispanic area, with 34.1% of the population identifying as hispanic. The hispanic population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Lakewood, CA is white, making up 31.8% of the population. Foreign-born residents account for 19.0% of the population in Lakewood, CA, and this percentage has decreased by 6.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.8% | -9.4% |
% Black | 10.3% | 6.2% |
% Hispanic | 34.1% | -0.6% |
% Asian | 17.1% | -8.1% |
% Foreign Born | 19.0% | -6.4% |
Mortgage and Risk — Lakewood, CA
According to HUD data as of 2023, there were 418 mortgage originations in Lakewood, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Lakewood, CA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 418 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Lakewood, CA
Lakewood, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 96.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $670 | $2,000 | $2,670 |
| 2 Bedroom | $270 | $3,100 | $3,370 |
| 3 Bedroom | $400 | $3,880 | $4,280 |
| 4 Bedroom | N/A | N/A | $4,750 |
Affordability — Lakewood, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $848,000 |
| Median Household Income | $119,000 |