Home prices
The median home in Lakewood is valued at $269,200. In comparison to nearby areas it is roughly $32,140 (10%) lower.It is roughly $51,700 (23%) higher compared to the United States as a whole, and in comparison to the city of Seattle it is about $393,900 (59%) lower.
Rents
Lakewood's median monthly rent is $1,034. In comparison to nearby areas this is roughly $127 (10%) lower.It is about $28 (2%) lower in comparison to the entire country, and it is approximately $580 (35%) lower compared to the city of Seattle.
Nearby places
Steilacoom
Steilacoom is Lakewood's neighbor to the west. Its housing prices are somewhat more expensive. The value of the median home in Steilacoom is $361,300, which comes out to $92,100 (25%) higher than Lakewood. Rent there is a little more expensive. The median rent in Steilacoom is $1,152 a month, which comes out to $118 (10%) higher than Lakewood.
University Place
University Place is Lakewood's neighbor to the north. Its housing prices are somewhat more expensive. The median home in University Place costs $367,200, which works out to $98,000 (26%) higher than Lakewood. The rent there is a little more expensive. The median rent in University Place is $1,198 a month, which works out to $164 (13%) higher than Lakewood.
Parkland
Parkland is Lakewood's neighbor to the east. Housing prices there are somewhat less expensive. The median home in Parkland costs $223,400, which is $45,800 (20%) lower than Lakewood. Its rents are somewhat more expensive. The median monthly rent in Parkland is $1,106, which works out to $72 (6%) higher than Lakewood.
Fircrest
Fircrest is about 4 miles north of Lakewood. The real estate prices there are a bit more expensive. The median home in Fircrest costs $343,600, which comes out to $74,400 (21%) higher than Lakewood. Rents there are somewhat more expensive. The median monthly rent in Fircrest is $1,253, which comes out to $219 (17%) higher than Lakewood.
Midland
Midland is roughly 4 miles east from Lakewood. Housing prices there are a little less expensive. The median home price in Midland is $211,200, which is $58,000 (27%) lower than Lakewood. Rents there are a little more expensive. In Midland the median rent is $1,096 per month, which comes out to $62 (5%) higher than Lakewood.
