Lakewood Real Estate & Homes for Sale in California
Located in Los Angeles County just minutes from Long Beach, Bellflower, Cerritos, and Cypress, the city of Lakewood is a post-World War II community that offers residents and future homeowners an excellent quality of life with quick and easy access to the amenities of LA County. Lakewood served as the first “contract city” in the nation, meaning that the city contracts most of its municipal services through LA County. For the trivia aficionados, the city of Lakewood is the home of the first Denny's Restaurant, which was originally called Danny's Donuts. Lakewood was also named "Sportstown USA" in 2005 by Sports Illustrated.
A community favored by young families, professionals, and retirees, Lakewood's populace of about 80,000 appreciate living in a city where their children's educational needs are served by four school districts, the real estate market is affordable, and that there's always something to do.
The housing market in Lakewood is viable, with listing prices averaging in the $420,000 range. Many buyers will find that the community features a variety of housing options, including single-family homes, townhomes, and condos. Many properties are located near area schools and colleges, close to public transportation, and within a stone's throw from several community parks.
Lakewood Regional Medical Center serves as the primary care facility for residents, and as far as air travel goes, residents are just minutes from Long Beach Airport. Of course, it wouldn't be a community without the annual gatherings and get-togethers; events such as the Long Beach Marathon and Toyota Grand Prix of Long Beach provide residents with plenty of opportunities to get together and socialize in a fun setting.
Lakewood CA Real Estate: Prices of Homes for Sale in Lakewood CA
Lakewood's real estate market is diverse and affordable, giving first-time homebuyers many choices when it comes to purchasing their own slice of Southern California real estate. Average listing prices for homes in Lakewood currently hover in the $420,000 range; however, many Lakewood homes and properties can be found for sale starting at $235,000. Million dollar Lakewood estates and golf course homes are also available for purchase. If you're looking to invest in something that requires less maintenance, consider purchasing a Lakewood condominium or townhome. Prices start at $230,000.
Lakewood Real Estate Stats and Trends for the week of October 5th, 2015: homes priced around $500,878 compared to $495,027 the previous week, showing a increase of more than +1%. For Friday, October 9th, the current national mortgage rate for a 30 year fixed mortgage is 3.80%; the 15 year fixed rate is at 2.88%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.18%, while the 15 year jumbo rate currently is at 3.85%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Lakewood CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lakewood to help you find the best home!