Cost of Living in Lakewood, Colorado
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Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices.
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.
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Colorado's homes are among the nation's largest, with the average home measuring 2,126 square feet. At $236 per square foot, the typical home costs $559,838. Colorado's homeownership rate is 67% higher than the national average despite the high home costs. A typical home in Washington state is 1,903 square feet and costs $595,723.
The average sale price per square foot in Lakewood is $562, down 7.6% since last year. Homes in Lakewood receive 2 offers on average and sell in around 22 days. The average sale price of a home in Lakewood was $525K last month, up 0.9% since last year. The average sale price per square foot in Lakewood is $271, down 0.18% since last year.
New Listings in Denver
The average homes sell for about 1% below list price and go pending in around 24 days. The average homes sell for about 2% below list price and go pending in around 22 days. However, the costs of homeownership in the United States can be startling. According to Federal Reserve Economic Data, the median price of houses sold in 2022 is $428,700. The average sales price in the same period is higher, at $507,800. The Zillow Home Value Index, which measures only the middle price tiers of homes, sets the cost of a typical home in the United States at $344,141.
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.
Climate's impact on Lakewood housing
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.
Can sell for about 1% above list price and go pending in around 20 days. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period.
The average homes sell for about 3% below list price and go pending in around 40 days. The average homes sell for about 1% below list price and go pending in around 16 days. The average homes sell for about 2% below list price and go pending in around 25 days.
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Local real estate agents are ready to help you find a home here. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
Flood risk in Lakewood is increasing slower than the national average. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. School service boundaries are intended to be used as reference only.
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.
Secure your position in the market with a mortgage from Rocket Mortgage®, our sister company. Many homes in Lakewood are selling fast, if you're buying plan to act quickly. Flood risk in Denver is increasing slower than the national average. The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guaranteed prior to an interest lock. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free.
The average homes sell for about 1% below list price and go pending in around 48 days. The average homes sell for about 4% below list price and go pending in around 66 days. The average homes sell for about 1% below list price and go pending in around 38 days. The average homes sell for about 1% below list price and go pending in around 13 days.
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