The housing market in 90713 Lakewood, CA is relatively more expensive compared to many other areas across the United States. The median value of homes in this area is $815,200, which is much higher than the US House Median Value of $338,100. However, while the US had a 1 year house appreciation rate of 8.27%, Lakewood's rate was 5.55%. This demonstrates that home values are increasing at a slower pace in Lakewood than in some other parts of the country. Nonetheless, Lakewood remains an attractive place to live for those who can afford it due to its high quality of life and wide range of amenities.
The median home cost in Lakewood (zip 90713) is $815,200. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Lakewood (zip 90713) is up 14.3%.
Average Age of Homes
- The median age of Lakewood (zip 90713) real estate is 61 years old
The Rental Market in Lakewood (zip 90713)
- Renters make up 17.3% of the Lakewood (zip 90713) population
- 0.2% of houses and apartments in Lakewood (zip 90713), 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.