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Preforeclosure Homes in Lakewood, OH

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Lakewood, OH Foreclosures

How much do homes sell for in Lakewood, OH?
The average home price is currently $327,349.
In Lakewood, OH, how many homes are available?
There are currently 16 active home listings available in Lakewood.
What’s the average rental cost in Lakewood, OH?
The average rental price in Lakewood is $1,518.
What is the most expensive home in Lakewood?
The most expensive home sold in Lakewood had a price of $13,794,069.
What is currently the cheapest priced home in Lakewood, OH?
The cheapest home for sale in Lakewood is priced at $10,634.

Living in Lakewood, OH

Lakewood, OH, is a lively suburb situated on the shores of Lake Erie, just minutes from downtown Cleveland. With its dynamic community, diverse dining, and recreational opportunities, Lakewood attracts families and professionals alike. The area is well-serviced by public transport, and its strong educational institutions make it an ideal place to live.

Current Market Conditions in Lakewood, OH

The current real estate market in Lakewood is competitive, with a steady demand for properties. The area's close proximity to Cleveland and its attractive amenities contribute to rising property values and a surge in buyer interest.

In recent years, Lakewood has seen a significant rise in housing prices, reflecting its desirability as a suburban community. New developments and renovations in older homes have attracted buyers looking for charm combined with modern conveniences.

Home Value Estimator For Lakewood, OH

There are currently 17,565 real estate properties in Lakewood, OH, with a median automated valuation model (AVM) price of $307,406.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakewood, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lakewood, OH, is $327,349.00, with the most expensive house in Lakewood, OH, topping out at $13,794,069.00 and the cheapest home in Lakewood, OH, clocking in at $10,634.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakewood, OH!

Rent Prices In Lakewood, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakewood, OH, is on a rollercoaster ride. The average rent price in Lakewood, OH, is $1,518.00. Indeed, when looking to rent in Lakewood, OH, you can expect to pay as little as $620.00 or as much as $2,220.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Lakewood, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lakewood, OH Preforeclosure Homes


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