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Lakewood, CA—90715

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$823,000
0.7% YoY Growth
Household Income
$94,800
30.5% YoY Growth
Days on Market
37
12.0% Shorter YoY
Home Price Forecast
0.1%
Median Rent
$2,450
10.2% YoY Growth
1-Bed Rent
$1,950
32.9% YoY Growth
2-Bed Rent
$2,600
17.3% YoY Growth
3-Bed Rent
$3,500
16.8% YoY Growth

Other Zip Codes in Lakewood, CA

9071390712
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lakewood, CA

As of May '26, the median home price in Lakewood, CA is $823,000, with a year-over-year change of 0.7%. This indicates that home prices in Lakewood, CA are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$823,0000.7%
Single Family $838,0001.8%
Condos $600,000-1.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $483,000
    -0.8%
    2 Bed
    		$591,000-1.8%
    3 Bed
    		$819,0001.7%
    4 Bed
    		$924,0000.5%
    5 Bed $1,005,353-2.0%
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    % of Housing Stock

    Studio
    2.2%
    1 Bedroom
    9.2%
    2 Bedrooms
    31.6%
    3 Bedrooms
    40.5%
    4 Bedrooms
    14.2%
    5+ Bedrooms
    2.4%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,450$2,740
    Studio Rent N/AN/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/AN/A
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    % of Rental Stock

    Studio
    2.7%
    1 Bedroom
    15.3%
    2 Bedrooms
    50.3%
    3 Bedrooms
    24.8%
    4 Bedrooms
    6.7%
    5+ Bedrooms
    0.2%

    Property Listings — Lakewood, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Lakewood, CA is 37. This is a decrease of -12.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$800,0008.0%
    Listing Count
    		22-7.0%
    Listings as % of Homes0.3%-7.0%
    Days on Market
    		37-12.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		20,7002.6%
    % Under 18
    		20.0%-7.8%
    % Seniors
    		14.1%12.8%
    % WFH
    		9.3%132.5%
    % w/ College Degree
    		27.7%-1.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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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
    		100
    Total Units Section 8
    		100
    % Rentals under Section 8
    		3.0%
    % Occupied Section 8
    		87.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$370$1,950$2,320
    2 Bedroom$330$2,600$2,930
    3 Bedroom$220$3,500$3,720
    4 BedroomN/AN/A$4,130

    Affordability — Lakewood, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio7.9
    Median Home Price$823,000
    Median Household Income$94,800

    Lakewood, CA — ZIP Code Boundary Map

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    Frequently Asked Questions