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Lakewood, Ohio

Cuyahoga County | ZIP 44107

Seller's Market — May 2026 Data

Sunset over Lake Erie from the Solstice Steps at Lakewood Park, Lakewood, Ohio

Sunset over Lake Erie from the Solstice Steps at Lakewood Park. Photo by Drawing With Light, licensed under CC BY-SA 4.0 (Wikimedia Commons).

About Lakewood

Just west of downtown Cleveland along the southern shore of Lake Erie, Lakewood is one of Northeast Ohio's most walkable and densely charming communities. Tree-lined streets are filled with classic Tudor, Colonial, and bungalow-style homes built in the early 20th century, many within easy walking distance of the city's bustling Detroit Avenue corridor — home to dozens of locally owned restaurants, coffee shops, breweries, boutiques, and live music venues.

Lakewood's real draw, though, is its connection to the water. Lakewood Park stretches along nearly a mile of Lake Erie shoreline and is home to the Solstice Steps, a terraced limestone amphitheater that has become one of the region's most beloved spots to watch the sunset. Add in strong city services, an engaged community, and an easy commute into downtown Cleveland, and it's easy to see why Lakewood consistently ranks among the most desirable suburbs in Cuyahoga County.

May 2026 Market Snapshot

According to the latest data from Realtors Property Resource (RPR), Lakewood's single-family housing market remains a strong seller's market — inventory is tight, homes are selling quickly, and sale prices are routinely landing at or above asking.

$375,000 Median Sold Price ▲ 9.65% vs. last month
104.4% Sold-to-List Price ▲ 3.46% vs. last month
3 Days Median Days on Market ▼ 25% vs. last month
0.93 Months of Inventory ▼ 29% vs. last month
$365,760 Median Estimated Home Value ▲ 10.2% year over year

Livability & Community

Lakewood (ZIP 44107) earns an AARP Livability Index score of 61 out of 100 — above the national average — with especially strong marks for transportation, neighborhood character, and civic engagement. The area's job base is anchored by healthcare, professional services, and manufacturing employers.

AARP Livability Index — 61 / 100
  • Transportation 73
  • Neighborhood 67
  • Engagement 66
  • Environment 63
  • Housing 56
  • Health 54
  • Opportunity 48
Top Industries (U.S. Census)
  • Health Care & Social Assistance 5,490
  • Professional, Scientific & Technical 3,930
  • Manufacturing 3,100
  • Retail Trade 2,910
  • Accommodation & Food Services 2,870

Thinking About Lakewood?

Whether you're looking to buy, sell, or just want to know what your Lakewood home is worth in today's market, Hunter Foley can help.