Lakewood, CA housing market
The typical Lakewood home is worth about $872,000, up 2.6% in a year, 14% above the California typical home. Homes typically sell in 27 days, a little above asking.
Home values, sales, trends and how Lakewood compares with the towns next door — updated as new data is published.
Lakewood at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Lakewood | California |
|---|---|---|
| 2017 | $483,000 | $453,000 |
| 2018 | $536,000 | $501,000 |
| 2019 | $598,000 | $539,000 |
| 2020 | $609,000 | $551,000 |
| 2021 | $681,000 | $607,000 |
| 2022 | $769,000 | $703,000 |
| 2023 | $793,000 | $727,000 |
| 2024 | $841,000 | $758,000 |
| 2025 | $874,000 | $782,000 |
| 2026 | $870,000 | $767,000 |
| August 2026 | $872,000 | $764,000 |
Lakewood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Lakewood | $872K | +2.6% | 27 | $119,177 |
| Long Beach | $851K | +2.5% | 41 | $87,430 |
| Cerritos | $1.09M | +3.5% | 28 | $135,439 |
| Hawaiian Gardens | $652K | +2.8% | — | $76,341 |
| Cypress | $1.07M | +3.4% | 34 | $130,215 |
| Bellflower | $798K | +1.6% | 37 | $78,722 |
| La Palma | $1.19M | +4% | 35 | $117,989 |
7.3 years of income
The typical Lakewood home costs about 7.3 years of the town's median household income, less than across California (7.7 years).
How Lakewood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.