Lakewood is still one of the tightest markets in the area. Homes are selling at about full price, and they're selling faster than they were a month ago or a year ago. But there's a catch for sellers: more homes are coming on the market, and asking prices have started to soften.
Here's what the October 2026 numbers show, and what they mean if you're thinking about selling your Lakewood home.
Lakewood by the Numbers (October 2026)
These figures come from Realtor.com Economic Research, citywide for Lakewood, as of October 2026. "MoM" is the change from September; "YoY" is the change from October 2025.
Median sold price: $885,000
Down 1.01% from last month and down 1.12% from a year ago.
Median listing price: $861,200
Down 3.99% from last month and down 7.87% from a year ago.
Price per square foot: $633
Up 0.80% from last month and down 0.16% from a year ago.
Active listings: 108
Up 8.04% from last month and up 11.01% from a year ago.
Median days on market: 33
Down 17.50% from last month and down 23.26% from a year ago.
Sale-to-list ratio: about 100%
Realtor.com describes Lakewood as a seller's market in October 2026 and rates it a warm market, with homes selling for roughly their asking price on average.
What These Numbers Mean for Lakewood Sellers
Values are steady, not climbing
The median sold price and price per square foot are essentially flat compared to a year ago. That's a stable market. It's not a market where you can price well above recent sales and expect buyers to catch up.
Homes are moving quickly
A median of 33 days on market is fast, and it's faster than both last month and last year. Lakewood's well-kept single-family neighborhoods and steady demand from families keep buyers coming.
More competition is showing up
Active listings are up from last month and up from last year. Only about a hundred homes are for sale in a city this size, so Lakewood is still tight, but buyers have a few more choices than they did. And the median listing price dropping means some sellers are already adjusting their expectations.
Pricing: Where Lakewood Sellers Win or Lose
When homes sell near asking in about a month, the right price does most of the work. The wrong price can turn a fast market into a slow sale.
As Jerry Macias often reminds Lakewood sellers, your best buyers show up in the first couple of weeks. If your home is priced above what recent sales support, those buyers compare it to the house down the street and move on.
A few pricing tips for this market:
- Price off closed sales near you, not online estimates. Lakewood's tracts can look alike on paper but sell differently based on updates, lot, and street.
- Factor in condition honestly. An updated kitchen and an original one can mean a real difference in what buyers pay.
- Be ready to adjust early. With more listings coming on, a small change in week two beats a big cut in week six.
A Recent Snapshot From Another Source
Monthly numbers can swing in a city with a small number of sales. For another view, LoansByBrett, citing CRMLS sales data for September 2026, reported 29 Lakewood home sales that month, a median sold price of $885,000, and a median of 8 days on market. That's a different month and a different way of measuring than Realtor.com, but it points the same direction: well-priced Lakewood homes don't sit for long.
Prep: What Lakewood Buyers Notice
Much of Lakewood was built in the early 1950s, and many homes still have original features. That's normal here, and buyers expect it. What matters is that the home feels cared for.
Our guide to selling a 1950s Lakewood home covers what buyers look for and what to fix first. The short version:
- Deep clean, declutter, and freshen paint
- Address roof, plumbing, and electrical questions before buyers raise them
- Tidy the yard and entry; curb appeal still drives clicks and showings
- Gather permit records for any additions or garage conversions
Timing: List Now or Wait?
With homes selling in a median of 33 days, a winter listing can still move. Fewer sellers usually list during the holidays, so a well-prepared home can stand out to buyers who need to move.
If you're waiting for spring, use the time to prep and price carefully, because more listings are likely to show up alongside you.
Where Lakewood Fits Nearby
Many Lakewood buyers are also looking in neighboring cities. If you want to understand who you're competing with for those buyers, our comparison of Lakewood vs. Cerritos vs. Cypress breaks down how the three cities differ. Homeowners curious about local changes can also read what the new Carson Street apartments mean for Lakewood.
Talk It Through With a Local Team
Lakewood is a street-by-street market. We'll look at recent sales on your tract, walk through your home's condition, and give you a realistic price range and timeline before you decide anything.
No obligation to list. Just a clear read on what your home could sell for right now.
Call Jerry Macias: (800) 390-5523
Email: hello@meetvida.com
Online: Contact Vida Real Estate
Vida Real Estate
10900 183rd St, Suite 130
Cerritos, CA 90703
meetvida.com · vidahomesearch.com
Helping Lakewood homeowners price right, prep smart, and sell with confidence.
About the Author
Jerry Macias is a California real estate broker and the founder of Vida Real Estate. He works with buyers and sellers throughout Long Beach, Lakewood, Cerritos, and surrounding Los Angeles and Orange County communities. California DRE #01967886.
This article is general information, not an appraisal or legal or tax advice. Market statistics come from Realtor.com Economic Research (as of October 2026) and LoansByBrett, citing CRMLS data for September 2026, as linked above. Markets change, and your home's value depends on its location, condition, and timing.
Photo: Lakewood City Hall, Lakewood, California. Proarte via Wikimedia Commons, CC BY-SA 4.0. Cropped and resized.