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Lakewood Housing Market Report

Lakewood's median home price was $985,000 for the first eight months of 2026, up 9.4% from the same period in 2025, on 353 closed sales (flat with 2025). Homes sold in a median 13 days, and 156 homes are for sale today, about 3.5 months of supply. The Agency Dallas updates this Lakewood housing market report every month with NTREIS data.

Last updated: October 2026 with data through August 2026.

Lakewood housing market at a glance

Measure

Jan to Aug 2025

Jan to Aug 2026

Change

Closed sales

353

353

0.0%

Median sales price

$900,000

$985,000

+9.4%

Median price per square foot

$414

$430

+3.9%

Median days on market

17

13

-4 days

Median sale price vs. original list

98.0%

97.1%

-0.8 pts

August 2026 in Lakewood

Measure

August 2025

August 2026

Change

Closed sales

39

34

-12.8%

Median sales price

$880,000

$1,315,000

+49.4%

Median days on market

35

28

-7 days

Lakewood closes only a handful of sales in a typical month, so one or two large sales can swing the monthly median. In August, 34 homes closed at a median $1,315,000. The year-to-date figures above give a steadier read on where prices are heading.

Is Lakewood a buyer's or seller's market?

Lakewood leans toward sellers. With 156 active listings and about 44 sales a month in 2026, there is roughly 3.5 months of supply. Homes have sold for a median 97.1% of their original list price this year after 13 days. Well-priced homes still draw quick offers, while overpriced listings sit.

How does Lakewood compare to Dallas County?

Lakewood is a neighborhood in East Dallas near White Rock Lake, not a separate city. For this report, The Agency Dallas defines it as City of Dallas sales in ZIP code 75214, which also takes in nearby East Dallas streets. For the wider picture, see the Dallas County housing market report, or the full DFW housing market report.

Frequently asked questions

What is the median home price in Lakewood?

The median sales price in Lakewood was $985,000 from January through August 2026, up 9.4% from $900,000 in the same period of 2025, according to NTREIS data. The median price per square foot was $430.

How long do homes take to sell in Lakewood?

Homes in Lakewood sold in a median 13 days in 2026 through August, 4 days faster than the same period last year. Move-in-ready homes priced to recent nearby sales tend to sell faster than the median.

Are Lakewood home prices going down?

No. The year-to-date median is up 9.4% at $985,000, and price per square foot is up 3.9% at $430. Supply sits at about 3.5 months.

How many homes are for sale in Lakewood?

There were 156 active residential listings in Lakewood as of October 5, 2026, with a median asking price of $889,500.

What's your Lakewood home worth?

Area medians set the backdrop; your street sets the price. Request a private home value review from The Agency Dallas, built on real recent sales near you.

Based on data from NTREIS MLS for the period of January 1, 2025 through August 31, 2026, covering all residential sales including condos and townhomes. Active listing count as of October 5, 2026. Figures may differ from other reports as MLS data is updated.

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