Properties for Sale in Lakewood, California, United States

Real estate in Lakewood

California, a hub of diverse opportunities, spawns an array of real estate possibilities for potential homeowners and investors. Among the Golden State's myriad of picturesque locations, Lakewood holds a special place for those who are in pursuit of their dream home or interested in investing in a well-situated property. Nestled in Los Angeles County with the convenience of urban amenities and the solace of suburban living, Lakewood's charm is magnified by its meticulously planned neighborhoods and elegant, mid-century homes, often referred to as "the suburban dream" or "Tomorrow's City." Before you gear up to consult a local real estate professional, let's delve into the real estate expanse of Lakewood, and unearth the range of properties available, and appreciate the investment potential. Lakewood, being a city with a promising future, presents a spectrum of properties to choose from - from comfortable, modern apartments to luxurious, spacious villas. Take the time to explore the market before immersing yourself in the worthwhile endeavor of investing or purchasing a dream home in such a dynamic and unique location. The varied tapestry of properties and the distinct character of Lakewood real estate assures a rewarding return on investment and a valuable, highly desired place to call home.

Lakewood properties: Market trends overview

The real estate market in Lakewood, California has shown consistent increases in property value, proving to be a magnet for investors not only from across the United States, but also from Canada, East Asia, and other countries. Lakewood's prime location in Los Angeles County makes it a hub for a relaxed lifestyle combined with the convenience and excitement of being near Los Angeles. It's a town where you can enjoy a peaceful suburban life while being just a short drive from the bustling metropolis. Lakewood is highly regarded for its combination of suburban tranquility, rich cultural diversity, and excellent quality of life. In recent years, Lakewood's local government has been increasingly investing in the improvement and expansion of the city. This has led to a wide array of real estate options for both domestic and international home-seekers that includes sleek modern condominiums, townhouses, sprawling ranch-style homes, and luxury residences. This means finding a property for sale in Lakewood, California that matches any budget and lifestyle preferences is a smooth process, thus making this charming city increasingly popular among foreign buyers.

Average price of a property for sale in Lakewood

What can you expect to pay for properties in Lakewood, California? The asking price for properties in this region can vary greatly due to several influencing factors. These include the type of property, its location in relation to key landmarks and amenities, and the preferences of potential buyers, such as the desire for luxury features, space, and accessibility, among others. Recent data indicates that the highest asking price for properties in Lakewood reached $690 per square foot. This apex of the market is most commonly found in the areas around Lakewood Country Club and Mayfair Park. On the other end of the spectrum, more affordable options can be found in the areas around Bolivar Park and Cherry Cove, where the average price per square foot hovers around $520. As it currently stands, the average listing price for a home in Lakewood is approximately $675,000.

Types of properties can you find in Lakewood

Lakewood, California, real estate offers a variety of property types, which range from single-family homes, high-end condominiums, luxury lofts, to rustic American ranch-style houses. The most desirable properties are situated within gated residential communities. Available are 3-4 bedroom houses featuring spacious backyards and double-story homes, each boasting separate entrances and equipped with its own kitchen. Additionally, these homes usually come with expansive patio spaces. You might also choose a newly constructed luxury loft located in a premier location in Lakewood, California, with views of the cityscape, within walking distance to local amenities, and simply an ideal place to reside. The coastal proximity and the city's urban-suburban mix make it a sought-after place for real estate investments.