Home prices
The cost of the median home in Lakewood is $113,700. It is about $8,860 (8%) higher in comparison to its nearby areas.It is approximately $103,800 (47%) lower in comparison to the United States as a whole, and is roughly $23,900 (26%) higher compared to the city of Buffalo.
Rents
The median monthly rent in Lakewood is $735. In comparison to the surrounding areas this is about $90 (14%) higher.Compared to the entire nation it is roughly $327 (30%) lower, and compared to the city of Buffalo it is about $41 (5%) lower.
Nearby places
Jamestown West
Jamestown West is Lakewood's neighbor to the east. Real estate prices there are a bit less expensive. The median home price in Jamestown West is $100,000, which is $13,700 (13%) lower than Lakewood. Its rents are somewhat more expensive. Jamestown West's median rent is $789 a month, which is $54 (6%) higher than Lakewood.
Celoron
Celoron is about 1 mile east from Lakewood. Its housing prices are a lot less expensive. The median home cost in Celoron is $56,900, which is $56,800 (99%) lower than Lakewood. The rent there is somewhat less expensive. Celoron's median rent is $652 per month, which works out to $83 (12%) lower than Lakewood.
Jamestown
Jamestown is approximately 3 miles east of Lakewood. Its real estate prices are significantly less expensive. The median home value in Jamestown is $63,200, which works out to $50,500 (79%) lower than Lakewood. Rents there are somewhat less expensive. Jamestown's median monthly rent is $616, which comes out to $119 (19%) lower than Lakewood.
Busti
Busti is roughly 4 miles southeast of Lakewood. Real estate prices there are pretty similar. The median home in Busti is valued at $108,300, which works out to $5,400 (4%) lower than Lakewood. Rents there are a little less expensive. Busti's median rent is $616 a month, which comes out to $119 (19%) lower than Lakewood.
Bemus Point
Bemus Point is approximately 5 miles northwest from Lakewood. The real estate prices there are significantly more expensive. Bemus Point's median home price is $195,800, which is $82,100 (41%) higher than Lakewood. Rent there is substantially less expensive. In Bemus Point the median monthly rent is $550, which is $185 (33%) lower than Lakewood.