Real Estate Market Update for Lakewood, CA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 22% from one year earlier, and down 27% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 620-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 580-thousand dollars. The number of units sold decreased 29% year-over-year, and increased 21% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Lakewood, CA

Area Information for Lakewood, CA
  • Population: 79,721
  • Median Age: 39.55 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 8,471/sq mi
  • Population Change Since 2000: 1.02%
  • Closest Airport: Long Beach (daugherty Field)
  • Closest College: Fremont College
  • Closest Jr. College: Long Beach City College
  • Median Household Income: $95,177
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $745,000
  • Closest Major Sports Team: Los Angeles Galaxy
  • Change Avg. Household Income Since 2000: 68.62%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lakewood, CA
Median Age: 39.55 Married: 40% Number of Households: 26,493 Households with Children: 8,445
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lakewood, CA

      School Name Distance Type Grades School Rating
      Stephen Foster Elementary School 0.3 mi Public PRESCHOOL-6 4
      Gompers K-8 0.4 mi Public K-8 3
      Intensive Learning Center 0.4 mi Public K-6 3
      Saint Joseph High School 0.9 mi Catholic 9-12 0
      Craig Williams Elementary School 1.0 mi Public K-6 1
      Mayfair High School 1.0 mi Public 7-12 5
      Buena Vista High School 1.1 mi Public 9-12 0
      Odyssey Stem Academy 1.1 mi Public 9-12 4
      Lakewood High School 1.1 mi Public 9-12 3
      Spectrum Center Schools - Lakewood High School 1.1 mi Private 9-12 0
      Holmes Elementary School 1.1 mi Public PRESCHOOL-5 3
      Esther Lindstrom Elementary School 1.2 mi Public K-6 3
      St. Pancratius Parish School 1.3 mi Catholic PRESCHOOL-8 0
      Spectrum Center Schools - Long Beach Elementary 1.3 mi Private K-5 0
      Macarthur Elementary School 1.3 mi Public K-5 4
      Captain Raymond Collins School 1.4 mi Public PRESCHOOL-5 0
      Cleveland Elementary School 1.5 mi Public PRESCHOOL-5 4
      Riley Elementary School 1.5 mi Public K-5 3
      Spectrum Center Schools - Long Beach Middle Country Club 1.6 mi Private 6-8 0
      Hoover Middle School 1.6 mi Public 6-8 2
      Madison Elementary School 2.0 mi Public K-5 4
      Giant Steps Children's Center 2.4 mi Private PRESCHOOL-K 0
      Mckinley Elementary School 2.5 mi Public PRESCHOOL-5 2
      Harte Elementary School 2.5 mi Public PRESCHOOL-5 2
      Willow Elementary School 2.7 mi Public PRESCHOOL-6 3
      Gethsemane Baptist Christian 2.9 mi Private PRESCHOOL-12 0
      Aloha Elementary School 2.9 mi Public K-K 2
      Spectrum Center Schools - Long Beach Middle Market Street 2.9 mi Private 6-8 0
      Lindbergh Middle School 2.9 mi Public 6-8 1
      Grant Elementary School 3.0 mi Public PRESCHOOL-5 1
      Artesia High School 3.2 mi Public 9-12 3
      St. Athanasius Elementary School 3.3 mi Catholic K-8 0
      Pharis F. Fedde Middle School 3.3 mi Public 7-8 2
      Hamilton Middle School 3.5 mi Public 6-8 2
      David Starr Jordan High School 3.5 mi Public 9-12 1
      Addams Elementary School 3.6 mi Public K-5 1
      Venn W. Furgeson Elementary 3.6 mi Public PRESCHOOL-6 3
      Success Work College Preparatory Academy 3.7 mi Private K-12 0
      Palms Elementary School 3.7 mi Public PRESCHOOL-6 2
      Dooley Elementary School 3.8 mi Public K-5 2
      Melbourne (ella P.) Elementary School 3.8 mi Public PRESCHOOL-6 2
      Lindsey Academy 4.0 mi Public 6-8 1
      Hawaiian Elementary School 4.1 mi Public PRESCHOOL-6 1
      Powell Academy For Success 4.3 mi Public K-8 2
      King Elementary School 4.4 mi Public K-5 1
      Spectrum Center Schools - Long Beach High School 4.5 mi Private 9-12 0
      United Faith Community Day Care Center 4.7 mi Private - 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Lakewood, CA
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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