Why Live in Lakewood
Lakewood, located on Lake Erie and 6 miles west of downtown Cleveland, features 4 miles of scenic shoreline, offering stunning views and numerous recreational opportunities. The neighborhood combines urban appeal with suburban charm, attracting young families and recent college graduates. Architectural diversity is a hallmark of Lakewood, with homes ranging from 1890s constructions to Victorian mansions. The community takes pride in maintaining its historical charm through programs like "Make Lakewood Beautiful." Housing options include high-rise condos, Colonial, Tudor, and multi-family homes. Madison Avenue is a bustling area with local shops such as G.V. Art and Design and Highland Throwback, while the culinary scene boasts restaurants like Georgetown, Dinebar on Clifton, and Hola Tacos. Annual events like the Taste of Lakewood and the Lakewood Art Festival highlight the neighborhood's vibrant culture. The Church of Ascension hosts a Market and Bike Rodeo, adding to the list of things to do. Lakewood City School District is highly rated, with Grant Elementary School, Garfield Middle School, and Lakewood High School receiving commendable ratings. Outdoor enthusiasts can enjoy Lakewood Park, Edgewater Beach, and the Rocky River Reservation. Public transportation options and proximity to major roadways make commuting convenient. The Clean Water Lakewood initiative aims to modernize the sewer system, ensuring a healthier environment.
Home Trends in Lakewood, OH
On average, homes in Lakewood, OH sell after 30 days on the market compared to the national average of 52 days. The median sale price for homes in Lakewood, OH over the last 12 months is $306,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$306,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$380,000
Median 2 Bedroom Sale Price
$222,450
Median 1 Bedroom Sale Price
$104,900
Average Price Per Sq Ft
$197
Number of Homes for Sale
84
Last 12 months Home Sales
491
Median List Price
$299,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%