Real Estate in Lakewood, CO

Lakewood is a large Jefferson County city directly west of Denver. Much of its housing was built in the middle of the twentieth century, so buyers will find many ranch homes and tri-levels alongside townhomes, condos and some newer construction, usually on lots that offer room to remodel or expand.

The city is built around a few strong corridors. West Colfax Avenue runs through the center of the city, the W Line light rail connects Lakewood to downtown Denver, and the Belmar district gives the city a walkable retail and dining center.

Because homes here are often older and many are candidates for updates, a clear picture of repair costs and comparable sales is especially useful. Jeffrey walks through both before you write an offer or set a price.

Lakewood's median sale price is about $574,000 according to Redfin, essentially unchanged from a year ago, and homes move quickly at a median of about 24 days. Median price per square foot is around $271. That puts Lakewood between Englewood's roughly $510,000 median and Arvada's roughly $625,000, with plenty of variation between mid-century ranches near Colfax and hillside homes near Green Mountain.

Source: Redfin housing market data for Lakewood, three months ending September 2026; accessed October 22, 2026. Homes sold in September: 460. These are medians for all home types that shift as new sales close, so use them as a guide, not an appraisal.

Lakewood sits between Denver and the foothills. W Colfax, Alameda, Wadsworth, Sheridan and C-470 connect it to the rest of the metro, and the W Line runs to downtown Denver. Residents are close to mountain trails, Bear Creek Lake Park and the Red Rocks area.

Lakewood's blend of older housing stock and steady demand makes repair estimates as important as list price. Use the investment calculators to test your numbers, then ask Jeffrey for comparable sales on your target streets. Try the investment calculators →