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Lakewood, CA—90713

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$871,000
0.9% YoY Growth
Household Income
$129,000
29.2% YoY Growth
Days on Market
55
27.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$3,200
12.2% YoY Growth
1-Bed Rent
$1,750
N/A
2-Bed Rent
$3,200
105.1% YoY Growth
3-Bed Rent
$4,200
11.3% YoY Growth

Other Zip Codes in Lakewood, CA

9071590712
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lakewood, CA

As of Dec '25, the median home price in Lakewood, CA is $871,000, with a year-over-year change of -0.9%. 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 TypeMedian Home ValueYoY % Change
All Homes
$871,000-0.9%
Single Family $871,000-0.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$785,000-0.9%
    3 Bed
    		$867,000-0.9%
    4 Bed
    		$940,000-0.6%
    5 Bed $1,058,5370.0%
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    1.6%
    2 Bedrooms
    14.1%
    3 Bedrooms
    65.3%
    4 Bedrooms
    16.6%
    5+ Bedrooms
    2.1%

    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.

    TypeMedian RentAverage 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/AN/A
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    % of Rental Stock

    Studio
    1.3%
    1 Bedroom
    6.9%
    2 Bedrooms
    28.2%
    3 Bedrooms
    50.2%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    1.1%

    Property Listings — Lakewood, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lakewood, CA is 38. This is a increase of 22.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$941,0006.0%
    Listing Count
    		2814.0%
    Listings as % of Homes0.3%14.0%
    Days on Market
    		5527.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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 BedroomN/AN/A$4,930

    Affordability — Lakewood, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.2
    Median Home Price$871,000
    Median Household Income$129,000

    Lakewood, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions