1 homes in Lakewood
$1.4M
Median Price
$835
Avg $/Sq Ft
2
Avg Days on Market
1
New This Week
Lakewood is a sought-after neighborhood in Sunnyvale, CA. Currently, there are 1 homes for sale in this area with a median listing price of $1.4M. The average price per square foot is $835.
Sunnyvale Market Report
Median Home Price
$1.76M
↓ 1.1% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.2 months of supply
Seller's MarketWith only 97 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~32 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales 55% faster than 6 months ago.
Inventory Distribution
Homes are selling quickly—most listings move within 30 days, signaling strong buyer demand.
Affordability Snapshot
Typical home cost
$9,996/mo
Actual housing expense
Affordable budget (28%)
$4,243/mo
Based on median income
Median household income
$15,155/mo
Sunnyvale
A typical home costs about 66% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$428K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $513K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$806K)
Price Reductions
19 listings have reduced their price
20% of active listings
Average reduction: 5.3% (~$80K)
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