Housing in Lakewood, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$333,000
Median List Price
$312,450
Price Per Sq Ft
$158
Days on Market
59
Active Inventory
92
Months of Supply
2.6
Seller's market
Zillow Home Value
$273,160
ZHVI — January 2026
Zillow Rent Index
$1,384
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
14.3%
Off Market in 2 Weeks
34.9%
Sale-to-List Ratio
94.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
35
New Listings
40
Pending Sales
43
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$158
Median List $/SF
$174
Lakewood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Lakewood is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$241,500
Median Rent
$1,013
Total Housing Units
28,973
Vacancy Rate
8.3%
Owner Occupied
44.5%
Renter Occupied
55.5%
Median Property Tax
$5,188
per year
Monthly Cost (w/ Mortgage)
$1,464
Housing Types
The current median sale price in Lakewood, OH is $333,000 according to Redfin data. Homes spend a median of 59 days on the market. 14.3% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $158. Zillow's observed rent index is $1,384/month. About 44.5% of housing units are owner-occupied. The median year homes were built is 1938. There are 28,973 total housing units.