Median price for residential apartments in Lakewood, CO as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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370 Lakewood, CO, USA apartments for sale
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Lakewood
According to statistics, the population in Lakewood, CO amounts to 151,411, which shows growth 1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $61,058, shifting growth 5% from the past year, and the average property value in Lakewood, CO growth 10% to $300,600 throughout the year.
| Population | 151,411 |
| Median Age | 38.5 |
| Poverty Rate | 11% |
| Household Income | $61,058 |
| Number Of Employees | 82,506 |
| Median Property Value | $300,600 |
Household Income
The average household income in Lakewood, CO grew from $58,227 to $61,058 in the past year. This data is an estimate based upon 64,734 households in Lakewood, CO . The chart below presents how household income is distributed in Lakewood, CO in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Lakewood, CO shifted from $273,200 to $300,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lakewood, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lakewood, CO properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lakewood, CO compared to median property taxes around the country. The prevalent amount of property taxes in Lakewood, CO equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Lakewood, CO, USA
Average apartment sale in Lakewood: $599,869 (+3.1%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $695,000 | +37.3% |
| 1-bed apartments | $227,700 | -12.8% |
| 2-bed apartments | $485,563 | +4.2% |
| 3-bed apartments | $604,687 | -0.3% |
| 4+ bed apartments | $733,817 | +0.5% |
During Dec 2022, the average price for an apartment in/near Lakewood, CO increased by 3.1% to $599,869.
Knowing the current property prices is key if you plan to buy a studio in Lakewood, CO. The average price for a studio has increased since the last month, currently being $695,000. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 12.8% to $227,700. Asking price for 2-bed apartment also increased by 4.2% and a place of this size will now cost you $485,563. A 3-bed apartment goes for $604,687, it decreased by 0.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $733,817.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Condos for sale | $373,721 | +3.7% |
| Houses for sale | $637,792 | -2.6% |
| Land for sale | $695,000 | +32.2% |
| Lofts for sale | $1,390,952 | +0% |
| Townhouses for sale | $569,371 | +0% |
Price reports demonstrate that house price decreased by 2.6% this month making it up to $637,792. Condos are really in demand in this season. The median price for a condo increased by 3.7%, it’s now available for $373,721. The price statistics of lofts have not significantly changed, it now still goes for $1,390,952. Value of the townhouses didn’t change, the price still starts at $569,371. The average price of the land for sale in Lakewood, CO has increased by 32.2%, and now equals $695,000.
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