The housing market in Lakewood, CO has a median value of $561,000 which is significantly higher than the US median house value of $338,100. This indicates that the area is desirable for homebuyers and investors. The appreciation rate over the past year has been 7.95%, which is slightly lower than the national average of 8.27%. Despite this slight difference, Lakewood remains an attractive real estate option with its high median value and rising appreciation rates.
The median home cost in Lakewood is $561,000. Home appreciation the last 10 years has been 158.9%. Home Appreciation in Lakewood is up 12.9%.
Average Age of Homes
- The median age of Lakewood real estate is 43 years old
The Rental Market in Lakewood
- Renters make up 40.2% of the Lakewood population
- 2.1% of houses and apartments in Lakewood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.