Lakewood, TN Real Estate

According to census data in the year 2000 there were 1,043 housing units in Lakewood. This represents a 22.3% growth from 853 in 1990.

Of those housing units, 1,043 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 70.6%. Lakewood's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Lakewood were built after 1965.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom7.80%
Two Bedrooms33.70%
Three Bedrooms48.40%
Four Bedrooms8.90%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1967
Median Value of occupied units$100,100
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1960
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan5.10%
Simple Mortgage51.40%
Debt Free38.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%