Lakewood, CO 80227 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent transaction value is the median sold price $360,500, which—together with a neutral market temperature—suggests a balanced market where completed sales are setting current pricing benchmarks rather than asking prices.
2. Listing expectations are meaningfully higher than recent transactions: the median listing price $459,000 exceeds the median sold price, which may indicate pricing friction between seller expectations and what buyers are paying in settled deals.
3. Market velocity appears slower based on the median days on market 71, which suggests moderate transaction velocity and that well-priced homes will likely require more marketing time to reach contract.
4. Financing headwinds are a constraint: current 30-year fixed mortgage rates are 6.66%, which is 0.67% higher than the earlier 2026 average and represents elevated interest rate pressure that may temper buyer purchasing power despite otherwise stable price trends (price year-over-year trend: flat; rent year-over-year trend: flat).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.