Lakewood, CA—90713
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 $877,000, with a year-over-year change of -0.8%. This indicates that home prices in Lakewood, CA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $877,000 | -0.8% |
| Single Family | $877,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $789,000 | -0.9% |
3 Bed | $873,000 | -1.1% |
4 Bed | $950,000 | -0.7% |
| 5 Bed | $1,071,000 | -0.2% |
% of Housing Stock
Rental Trends — Lakewood, CA
As of July '25, Rentcast reports the average rent in Lakewood, CA is $3,090, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Lakewood, CA is studios: $1,700, 1-bedrooms: $1,840, 2-bedrooms: $3,200, 3-bedrooms: $4,350. The most common rental property sizes in Lakewood, CA are 3-bedroom and 2-bedroom, accounting for 50.2% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,090 |
| Studio Rent | $1,700 | $1,700 |
| 1 Bed Rent | $1,750 | $1,840 |
| 2 Bed Rent | $3,200 | $3,200 |
| 3 Bed Rent | $4,200 | $4,350 |
| 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 48. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $939,000 | 9.0% |
Listing Count | 41 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 48 | 43.0% |
Demographics — Lakewood, CA
As of the latest ACS Survey released in 2023, Lakewood, CA has a population of 28,600, which has decreased by -1.6% over the past 5 years. Lakewood, CA is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -1.6% |
% Under 18 | 20.5% | -6.8% |
% Seniors | 14.6% | 8.1% |
% WFH | 12.6% | 366.7% |
% w/ College Degree | 32.2% | 7.7% |
As of the latest ACS Survey released in 2023, Lakewood, CA is a predominantly white area, with 43.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Lakewood, CA is hispanic, making up 33.3% of the population. Foreign-born residents account for 15.4% of the population in Lakewood, CA, and this percentage has increased by 15.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.5% | -8.4% |
% Black | 4.4% | -17.0% |
% Hispanic | 33.3% | 16.0% |
% Asian | 12.4% | 0.0% |
% Foreign Born | 15.4% | 15.8% |
Mortgage and Risk — Lakewood, CA
According to HUD data as of 2023, there were 398 mortgage originations in Lakewood, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Lakewood, CA. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 398 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
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 | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,030 | $1,750 | $2,780 |
| 2 Bedroom | $300 | $3,200 | $3,500 |
| 3 Bedroom | $250 | $4,200 | $4,450 |
| 4 Bedroom | N/A | N/A | $4,930 |
Affordability — Lakewood, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $877,000 |
| Median Household Income | $129,000 |