Lakewood, Colorado

Lakewood

Colorado's fifth-largest city, bridging Denver's urban density and the mountain foothills.

Lakewood features a vast, highly diverse suburban landscape bridging urban Denver with the immediate Rocky Mountain foothills. In Q1 2026, the market offers a buyer-favorable 2.9 months of supply, drawing buyers seeking light-rail transit access and well-established neighborhoods. Situated at 5,518 feet, the area evolved from rural summer estates into the most populous city in Jefferson County.

Community Highlights

  • Median Home Price: $575,406
  • Months of Supply: 2.9 Months
  • Median Days on Market: 14 Days
  • Median Household Income: $82,000
  • Median Rent: $1,562 / month
  • Elevation: 5,518 Feet
  • Effective Property Tax Rate: 0.6% to 1.1%
  • Commute Lines / Highways: RTD W Line / US-6, C-470, I-70
  • Walk Score / Bike Score: 43 / 54
Lifestyle & Geographic MetricsScore / Detail
Walk Score / Bike Score43 / 54
Commute Lines / HighwaysRTD W Line / US-6, C-470, I-70
Annual Snowfall / Sunny Days62 Inches / 300 Days
Elevation5,518 Feet
Effective Property Tax Rate0.6% to 1.1%

Who is Lakewood Best For?

  • First-time buyers utilizing submarkets in central Lakewood that offer townhomes and older single-family homes around $540K.
  • Downtown commuters heavily reliant on the RTD W Line and fast vehicular access via 6th Avenue (US-6).
  • Foothills seekers targeting Green Mountain for its immediate access to aggressive hiking and mountain biking trails.

Pros & Cons of Living in Lakewood

Pros:

  • Outstanding, rapid urban-to-mountain access courtesy of US-6 and I-70 thoroughfares.
  • The Belmar district provides a highly walkable, modern downtown experience built on a former mall site.
  • Bear Creek Lake Park offers exceptional outdoor recreation, including camping and water sports.

Cons:

  • A sprawling, vehicle-dependent geography means many residential areas lack inherent neighborhood walkability.
  • Strict, voter-approved zoning laws passed in recent years have dramatically slowed new residential development.

Real Estate Market & Top Neighborhood Spotlights

The Q1 2026 market indicates broad stabilization, with the median price sitting around $575,000 and homes taking roughly 14 to 55 days to sell depending heavily on the specific submarket. The architectural landscape is vast. In the Belmar area, buyers will find mixed-use urban living with walkable retail condos ranging from $400,000 to $700,000. Moving toward Green Mountain, the focus shifts to elevated single-family homes with stunning views priced between $700,000 and $1 million+. Finally, Applewood (West Lakewood) offers character housing and extremely large lots with values spanning $600,000 to over $1 million.

Real Estate & Demographic MetricsValue
Median Home Price$575,406
Months of Supply2.9 Months
Median Days on Market14 Days
Median Rent$1,562 / month
Median Household Income$82,000

⚠️ Colorado Financial Insight: Per Colorado SB 23-110 and CRS 38-35.7-110, residential real estate sellers within metropolitan districts must supply a mandatory disclosure linking to the district’s official website. While Lakewood is mostly defined by older HOA communities, new infill townhomes frequently utilize these districts, demanding buyer scrutiny of mill levies.

Economy, Healthcare & Commute Times

Key regional employers anchor the local economy, including the massive Denver Federal Center campus, Terumo BCT, and St. Anthony Hospital (Centura Health), a major Level I trauma center.

DestinationEstimated Commute Time
To Downtown Denver15 mins
To Boulder35 mins
To Denver International Airport (DIA)40 mins

Lifestyle, Schools, Parks & Shopping

Education is administered by Jefferson County Public Schools (Jeffco), highlighted by Lakewood High School’s strong academic programs. Parks and recreation are defined by Bear Creek Lake Park and William F. Hayden Park on Green Mountain. Shopping and dining are heavily centralized at the Belmar district, a premier open-air lifestyle destination. Buyers evaluating Lakewood routinely cross-reference adjacent Arvada, Wheat Ridge, and Golden.

Planning a move to Lakewood? As a father-daughter real estate team, we offer the best of both worlds — experience and modern insight. Contact Jeff and Brooke Spiker at Spiker Realty today to request a custom 2026 home price report, neighborhood map, or to schedule a private tour. Call Jeff or Brooke, or Book a call to get started.

Frequently Asked Questions

What is the median home price in Lakewood?
In Q1 2026, the median home price in Lakewood is comfortably stabilizing at approximately $575,406.
Does Lakewood have access to light rail?
Yes, the RTD W Line runs directly through the center of Lakewood, connecting the Jefferson County Government Center directly to Downtown Denver.
What is the Belmar area?
Belmar is a major mixed-use redevelopment in central Lakewood, effectively serving as a highly walkable downtown core for the city.

What are you looking for?

Tell us a bit about your move. Jeff or Brooke usually responds within 24 hours.

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