Lakewood, WA Real Estate

According to census data in the year 2000 there were 25,345 housing units in Lakewood. This represents a 4.6% growth from 24,230 in 1990.

Of those housing units, 25,345 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lakewood is about 47.5%. Lakewood's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Lakewood were built after 1969.


Housing Size

Housing Units by Size
Studio Type3.80%
One Bedroom22.70%
Two Bedrooms30.40%
Three Bedrooms30%
Four Bedrooms10.20%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1965
Median Value of occupied units$147,600
Median Price asked for vacant units$146,600

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1972
Median Monthly Rent asked for vacant units$467

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage8.40%
Home Equity Loan7.20%
Simple Mortgage52.60%
Debt Free31.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%