Why Live in Lakewood
Lakewood in Warwick is a serene residential neighborhood that balances waterfront charm with convenient access to modern amenities. The area features a mix of small bungalows, ranch-style homes, and two-story houses with colonial influences, primarily built between 1940 and 1970. Residents enjoy proximity to downtown Providence, major highways, and the Rhode Island TF Green International Airport, making travel straightforward. Local dining options include Elizabeth Portofino Tuscan Grille, known for its Italian cuisine, and Lakewood Ice Cream, a popular spot for sweet treats. For groceries, Shaw’s and Stop & Shop are nearby, with additional amenities like Walmart, Dunkin’, and McDonald’s within easy reach. Belmont Park, located along the Pawtuxet River, offers walking and biking trails, a playground, and sports fields, providing ample things to do outdoors. Pawtuxet Village, just 2 miles east, features quaint shops, cafes, and the annual Gaspee Days Parade. Roger Williams Park and Zoo, 4 miles north, offers extensive green spaces and diverse animal exhibits. The neighborhood is served by the Warwick Public School District, though the schools have mixed ratings. Overall, Lakewood offers a blend of tranquility and accessibility, making it a practical choice for residents seeking a balanced lifestyle.
Home Trends in Lakewood, RI
On average, homes in Lakewood, Warwick sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Lakewood, Warwick over the last 12 months is $393,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$393,000
Median Single Family Sale Price
$394,000
Average Price Per Sq Ft
$279
Number of Homes for Sale
1
Last 12 months Home Sales
35
Median List Price
$399,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%