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Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. California's homeownership rate is the second-lowest in the nation and the lowest among states, with only 54.2% of residents owning their homes. The state is notorious for its high housing costs, especially in the San Francisco and Los Angeles areas.
This publication is designed to provide information with regard to the subject matter covered. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The median home price in Lakewood is $576,629 with a median price per sqft of $322. Click on the risks below to learn which exist in Denver today and how they’ll change by 2050. Click on the risks below to learn which exist in Lakewood today and how they’ll change by 2050. The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
What homes are available in Lakewood, CO?
Enhanced Cost of Living CalculatorNow includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium. As previously noted, the population of Lakewood is 151,411 and the median age is 38.5. Among Lakewood residents, there is a homeowner vacancy rate of 0.6% and a rental vacancy rate of 3.0% from a total of 67,238 units. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood.
On the other hand, states with relatively low housing costs tend to have higher levels of homeownership. West Virginia, which has the lowest typical-house cost, also has the highest homeownership rate, with 79.6% of residents owning their own home. The average homes sell for about 1% below list price and go pending in around 23 days. The average homes sell for about 1% below list price and go pending in around 21 days.
Check out our favorite pet friendly listings in Lakewood, CO
On average, homes in Lakewood sell after 25 days on the market compared to 7 days last year. There were 143 homes sold in November this year, down from 264 last year. At 1,746 square feet, the average home in the state costs less than $100 a square foot, meaning those with the budget can afford more house for their dollar than they can in most states.
Massachusetts offers one of the nation's highest qualities of living and some of its best education. A typical home in the state costs $559,312, with an average size of 1,744 square feet. Homeownership is among the lowest in the country, with 60% of residents owning their homes. The median home in Hawaii is smaller than the national average while costing a great deal more. The median home in Hawaii is 1,300 square feet, approximately 70% of the national median of 1,800 square feet.
Top 10 Metros in Colorado with the Fastest Growing Sales Price
The most popular Neighborhoods in Lakewood are Molholm Two Creeks where we have 65 listings. 26,592 or 41% of the households in Lakewood, CO are renter-occupied while 38,252 or 59% are owner-occupied. Lakewood is conveniently located 15 minutes from Downtown Denver and a short drive to the mountains. It has lots of parks and trails, great schools and the shopping, dining and entertainment area of Belmar. Most Viewed Home 10 people viewed this home in the past 7 days. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities.
Perhaps in part due to these high costs, California also has the nation's highest level of homelessness. The typical home in the state costs $760,800 and is 1,625 square feet. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates.
What are the most expensive neighborhoods in Lakewood?
However, Oklahoma has high levels of poverty and low levels of quality of life satisfaction. A typical home in Arkansas costs $169,867 and measures 1,792 square feet. Homeownership in the state is slightly higher than the national average, with 66.5% of residents owning their homes.
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Can sell for around list price and go pending in around 5 days. Can sell for around list price and go pending in around 6 days. Can sell for about 2% above list price and go pending in around 4 days. Can sell for about 2% above list price and go pending in around 27 days. Can sell for around list price and go pending in around 28 days.
If you are a home buyer or real estate investor, Lakewood definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Currently, there are 485 homes listed in Lakewood which include 46 condos, 0 foreclosures. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. When you are ready to explore homes, read what Coldwell Banker agents have to say about Lakewood and discover homes for sale in Lakewood. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable.
There were only 37.8% of homes that had price drops, up from 14.0% of homes in November last year. There was a 98.0% sale-to-list price, down 2.8 points year over year. The number of newly listed homes was 5,257 and down 31.8% year over year. The average months of supply is 3 months, up 2 year over year. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you.
Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. The District of Columbia has the country's third-highest home prices and its lowest homeownership rate. Those looking to buy, can expect to pay $701,895 for a typical 1,440 square foot home. The average size for a Lakewood, CO apartment is 878 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike.
The median price for a typical home in Hawaii is $848,926, more than twice the national average. Hawaii also has one of the country's lowest homeownership rates, with 59% of its residents owning their homes. Unsurprisingly, areas with higher housing prices tend to have lower homeownership rates. According to the latest census data, 65.4% of U.S. households own their home. The District of Columbia has the lowest rate of homeownership, at 40.3%. California, New York, and Hawaii are among the states with the highest housing prices and the lowest levels of homeownership.
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