Lakewood currently leans toward sellers, with a market gauge reading of 17 out of 100. Limited supply and slow but steady activity help explain this seller’s market label. With only 5 homes on the market and 3 pending sales, buyers have relatively few options.
Prices show a mixed picture, but overall values are lower than in the surrounding Lake Oswego area. The typical home value in Lakewood is about $399,000, well below Lake Oswego’s $862,500, yet it has jumped 19.1% month over month. At the same time, typical values are down 65.85% compared with a year ago, and homes are taking much longer to sell, with the median days on market up 64.19% since last month and 104.2% year over year to reach 243 days.
Inventory has slipped 16.67% since last month but is still 25.0% higher than a year ago, and new listings are down 50.0% year over year, with only 3 new listings in the latest month. Sellers are securing about 96.6% of their list price on average, and no recent sales closed above asking, which aligns with longer marketing times and a small pool of active listings. Looking ahead to April 2026, projections show a typical value around $431,000, a median list price near $1,625,500, and inventory edging down to 4, so both buyers and sellers can turn to Agent Pronto to match with an agent who understands these conditions.
