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Lakewood, CA Real Estate


According to census data in the year 2000 there were 27,279 housing units in Lakewood. This represents a 1.8% growth from 26,795 in 1990.

Of those housing units, 27,279 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lakewood is about 72%. Lakewood's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Lakewood were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom11%
Two Bedrooms25.90%
Three Bedrooms48.50%
Four Bedrooms10.80%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1955
Median Value of occupied units$202,800
Median Price asked for vacant units$190,100

Rented Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1962
Median Monthly Rent asked for vacant units$811

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage12.40%
Home Equity Loan5.50%
Simple Mortgage57%
Debt Free24.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%