In-depth Real Estate Data: Local Markets

Lakewood Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

285

Average Sold Price:

$416,990

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

43

The Lakewood local market in Houston offers a diverse range of homes, with 243 properties currently for sale. The average list price is $426,100, and homes typically range from 932 to 13,600 sq ft. With a variety of options, it's a great time to explore buying or selling in this vibrant community!

Active Listings

243

Average List Price

$426,100

Typical List Price

$349k to $470k

Homes Listed per Price Range

A visual list price spectrum representation

$215kto$264k$264kto$313k$313kto$361k$361kto$410k$410kto$459k$459kto$508k$508kto$556k$556kto$605k$605kto$654k$654kto$703k$703kto$751k$751kto$800k$800kto$849k$849kto$898k$898kto$946k$946kto$995k$995kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M
20249234166371714167432122

Sold Listings

285

Average Selling Price

$416,990

Typical Selling Price

$325k to $475k

Homes Sold per Price Range

A visual sold price spectrum representation

$65kto$118k$118kto$171k$171kto$224k$224kto$277k$277kto$330k$330kto$383k$383kto$436k$436kto$489k$489kto$542k$542kto$595k$595kto$648k$648kto$701k$701kto$754k$754kto$807k$807kto$860k$860kto$913k$913kto$966k$966kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M
202411424436152352318653211222

Average Sold Price per Sq Ft

$158

Typical Sold Price per Sq Ft

$141 to $173

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$97to$107$107to$117$117to$127$127to$137$137to$148$148to$158$158to$168$168to$178$178to$188$188to$198$198to$208$208to$219$219to$227
20244111732414340432116833

Average Days to Sell

43

Typical Days to Sell

6 to 44

Days on the Market Distribution

The number of homes sold in each DOM range

to2424to4949to7373to9797to121121to146146to170170to194194to218218to243243to267267to291291to315315to340340to364364to388388to412412to437437to461461to485
202415859215111426523

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-21%to-19%-19%to-16%-16%to-14%-14%to-12%-12%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to-1%-1%to1%1%to4%4%to6%6%to8%8%to10%10%to12%12%to15%15%to17%17%to19%19%to21%21%to24%
2024211147910447301172212

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-21%to-18%-18%to-16%-16%to-14%-14%to-11%-11%to-9%-9%to-7%-7%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to8%8%to10%10%to12%12%to15%15%to17%17%to20%20%to22%22%to24%24%to27%
202425128365631815484223

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-5%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to11%11%to12%12%to14%14%to15%15%to17%17%to19%19%to20%20%to22%22%to23%23%to25%25%to27%
202461022996634274932112

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.