The city of Lakewood, CA, is located approximately 23 miles southeast of Los Angeles, CA, and has an estimated population of 80,671. While it may be significantly smaller than Los Angeles, that doesn’t mean it’s not an in-demand location.
While many may be drawn to California for the glitz and glam, there are plenty of smaller communities, like Lakewood, that place you close to the action but still allow you to escape that big city noise at the end of the day.
The Lakewood housing market has seen significant growth over the last few years, with the average home price up approximately 13.8%. Unlike the larger cities in California, Lakewood has an average renter to homeowner ratio that favors buyers, with a ratio of approximately 29 to 71. The median selling price for a home in the area is about $680,441.
