Lakewood, CA—90715
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 $797,000, with a year-over-year change of -1.0%. This indicates that home prices in Lakewood, CA are decreasing. 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 | $797,000 | -1.0% |
| Single Family | $810,000 | -1.5% |
| Condos | $594,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $474,000 | -0.6% |
2 Bed | $580,000 | -2.0% |
3 Bed | $794,000 | -1.5% |
4 Bed | $890,000 | -1.3% |
| 5 Bed | $974,000 | 1.1% |
% of Housing Stock
Rental Trends — Lakewood, CA
As of July '25, Rentcast reports the average rent in Lakewood, CA is $2,740, with a year-over-year rent change of -10.2%. Per bedroom, the median rent as of July '25 in Lakewood, CA is 1-bedrooms: $2,100, 2-bedrooms: $2,630, 3-bedrooms: $3,890. The most common rental property sizes in Lakewood, CA are 2-bedroom and 3-bedroom, accounting for 50.3% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,950 | $2,100 |
| 2 Bed Rent | $2,600 | $2,630 |
| 3 Bed Rent | $3,500 | $3,890 |
| 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 29. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $704,000 | -6.0% |
Listing Count | 15 | -26.0% |
| Listings as % of Homes | 0.3% | -26.0% |
Days on Market | 29 | 1.0% |
Demographics — Lakewood, CA
As of the latest ACS Survey released in 2023, Lakewood, CA has a population of 20,700, which has increased by 2.6% over the past 5 years. Lakewood, CA is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,700 | 2.6% |
% Under 18 | 20.0% | -7.8% |
% Seniors | 14.1% | 12.8% |
% WFH | 9.3% | 132.5% |
% w/ College Degree | 27.7% | -1.8% |
As of the latest ACS Survey released in 2023, Lakewood, CA is a predominantly hispanic area, with 43.4% of the population identifying as hispanic. The hispanic population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Lakewood, CA is asian, making up 26.6% of the population. Foreign-born residents account for 31.3% of the population in Lakewood, CA, and this percentage has decreased by 12.3% 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 | 16.6% | -14.4% |
% Black | 8.3% | 10.7% |
% Hispanic | 43.4% | 4.1% |
% Asian | 26.6% | -8.9% |
% Foreign Born | 31.3% | -12.3% |
Mortgage and Risk — Lakewood, CA
According to HUD data as of 2023, there were 158 mortgage originations in Lakewood, CA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, 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. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% 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 | 100 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,950 | $2,320 |
| 2 Bedroom | $330 | $2,600 | $2,930 |
| 3 Bedroom | $220 | $3,500 | $3,720 |
| 4 Bedroom | N/A | N/A | $4,130 |
Affordability — Lakewood, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $797,000 |
| Median Household Income | $94,800 |