March 2024

Lakewood Housing Market Report Davidson County, Tennessee

Report Updated 17 Days Ago

Housing Prices in Lakewood, TN

How much do homes in Lakewood, TN cost?

Median List Price

$401,500

$243/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$46,500(+13.1%)

Key Takeaway

The list price of homes in Lakewood has increased by 13.1% since last year.

Summary: The median home list price in Lakewood was $401,500 in March 2024, up 13.1% from the previous year, and the median price per square foot was $243.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$289.9K	$249.9K	-13.8%
3 Bedrooms	$344.9K	$408K	+18.3%
4 Bedrooms	$465.9K	$512.4K	+10.0%
5+ Bedrooms	$1.3M	$2.9M	+121.1%

Summary: Lakewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 121.1%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Lakewood	$355K	$401.5K	+13.1%
Old Hickory	$378.6K	$389.9K	+3.0%

Housing Supply in Lakewood, TN

How many homes are available in Lakewood, TN?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
10	14	+40.0%

Summary: The Lakewood real estate market had 14 homes for sale in March 2024, a 40.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	2	+100.0%
3 Bedrooms	7	9	+28.6%
4 Bedrooms	1	2	+100.0%
5+ Bedrooms	1	1	0.0%

Summary: The Lakewood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Lakewood, TN

How long does it take to sell a home in Lakewood, TN?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
84 Days	59 Days	-29.5%

Summary: Homes in Lakewood had an average listing age of 59 days in Mar 2024, down by 29.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Local real estate agents are ready to help you find a home here.

Connect With An Agent

Sell your home with an expert or get the job done on your own.

Sell My Home

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Lakewood, TN

What homes are available in Lakewood, TN?

See More Listings

$150,000

Land

0.20 Acres

735 River Landing Way, Old Hickory TN, 37138

Kesa Fowler

Listing Office:

Black Haus Realty

#2643847

$468,000

$5,558 Closing Credit

2,150 SqFt

315 Pitts Ave, Old Hickory TN, 37138

Tiffany Martinez

Listing Office:

Keller Williams Realty Nashville/Franklin

#2643498

$324,900

$3,858 Closing Credit

1,816 SqFt

106 30th St, Old Hickory TN, 37138

Pam Burton

Listing Office:

Assist 2 Sell/Buyers and Sellers Realty

#2642779

4 bedrooms, 4 full baths, 1 partial house for sale

$499,000

$5,926 Closing Credit

4 Full, 1 Partial

1,726 SqFt

114 Gayle Dr, Old Hickory TN, 37138

Connor Kennedy

Listing Office:

Music City, REALTORS

#2642771

$323,000

$3,836 Closing Credit

3,145 SqFt

2400 Lakeshore Dr, Old Hickory TN, 37138

Julie Duncan

Listing Office:

Bradford Real Estate

#2640833

3 bedrooms, 2 full baths, 1 partial house for sale

3D Tour

$1,200,000

$10,000 Closing Credit

2 Full, 1 Partial

3,856 SqFt

504 Sandy Cv, Old Hickory TN, 37138

Georgia R. Evans

Listing Office:

Georgia Evans Realty, LLC

#2640570

$422,400

$5,016 Closing Credit

1,835 SqFt

214 Pitts Ave, Old Hickory TN, 37138

Allen Dawayne Dixon

Listing Office:

PARKS

#2634192

3D Tour

$340,000

$4,038 Closing Credit

1,064 SqFt

203 30th St, Old Hickory TN, 37138

Caleb Zinge

Listing Office:

Redfin

#2633762

$596,700

$7,086 Closing Credit

2,000 SqFt

102 Mcarthur Dr, Old Hickory TN, 37138

Callie Loewen

Listing Office:

Oyster Real Estate Advisors

#2630218

$459,900

$5,461 Closing Credit

1,577 SqFt

3212 Lakeshore Dr, Old Hickory TN, 37138

Marie Ellen (Ellie) Pratt

Listing Office:

Benchmark Realty, LLC

#2625400

3 bedrooms, 2 full baths, 1 partial townhouse for sale

$364,800

$4,332 Closing Credit

2 Full, 1 Partial

1,698 SqFt

3319 Old Hickory Blvd Unit 16, Old Hickory TN, 37138

Steve Metarelis

Listing Office:

Offerpad Brokerage

#2625305

$459,900

$5,461 Closing Credit

2,196 SqFt

120 Clifton Ct, Old Hickory TN, 37138

Sarah Spann

Listing Office:

Compass RE

#2624664

Nearby Markets to Lakewood, TN

What housing markets are near Lakewood, TN?

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX © 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2024, 12:48:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.