Why Live in Lakewood
Lakewood in Harrisonburg, VA, is a well-established neighborhood characterized by large homes with well-kept lawns and views of neighboring farmland and the Blue Ridge Mountains. The area is known for its active neighborhood association, which organizes events like community picnics, a 4th of July bike parade, and holiday caroling. Homes in Lakewood, built between the mid-1980s and early 2000s, typically feature New Traditional and Colonial Revival styles, with properties sitting on half-acre lots. Despite the close proximity of houses, the neighborhood offers a rural atmosphere with expansive views. Lakewood is fully residential, requiring residents to drive for amenities. Grocery shopping is convenient with a Walmart Neighborhood Market 2 miles away, and East Market Street, 3 miles north, offers supermarkets, big box stores, and chain restaurants. For unique dining experiences, downtown Harrisonburg features local favorites like Clementine Café and Magpie Diner.
Outdoor recreation is abundant, with Lakeview Golf Club a mile east, Rockingham Park at the Crossroads 2 miles northeast, and Purcell Park 4 miles northwest. Residents can also enjoy skiing and tubing at Massanutten Resort, 10 miles northeast, or hiking in Shenandoah National Park, 20 miles east. The neighborhood is safer than the national average, contributing to its appeal. Children in Lakewood attend highly rated Spotswood High School, with career education options available at Massanutten Technical Center. For higher education, James Madison University and other colleges are nearby. Although Lakewood lacks sidewalks and public transit, downtown Harrisonburg is a short 5-mile drive north, and major highways like Interstate 81 provide easy access to Charlottesville, Richmond, and Washington, D.C.
Home Trends in Lakewood, VA
On average, homes in Lakewood, Harrisonburg sell after 30 days on the market compared to the national average of 51 days. The median sale price for homes in Lakewood, Harrisonburg over the last 12 months is $658,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$658,000
Median Single Family Sale Price
$619,900
Average Price Per Sq Ft
$173
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$648,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%