Lakewood Housing Market Report – May 2025: By Lakewood Luxury Buyers Agent
- Nitin Gupta, CRS, REALTOR
- Jun 8
- 3 min read
🏡 Market Overview
Lakewood remains one of Dallas’s most coveted luxury neighborhoods, prized for its charming historic homes, proximity to White Rock Lake, and vibrant community character. In May 2025, high demand continued to support steady pricing and healthy competition among buyers.
Key Market Metrics – May 2025
Median Listing Price: $1,795,000
Average Sale Price: $1,610,000
Price per Square Foot: $498
Average Days on Market: 47
Inventory Level: Slight increase MoM, but still limited
Sales Volume: Up 5% YoY
🏘️ Current Market Conditions
1. Renaissance of Historic Homes
Buyers are increasingly drawn to classic Lakewood architecture—think original oak hardwoods, character-rich build, and spacious yards. Fully restored mid-century homes are the hottest listings, selling quickly.
2. Balanced, Yet Competitive Market
With under 50 days on market, Lakewood offers buyers a window for negotiation—especially for homes needing cosmetic updates or modernization.
3. Garden and Lifestyle Appeal
Proximity to White Rock Lake, local dining, and family-friendly amenities bolster this neighborhood’s appeal. A growing number of buyers prioritize outdoor space, pools, and stylish indoor/outdoor integration.
📊 Lakewood Luxury Market Breakdown
Metric | Value |
Median List Price | $1,795,000 |
Median Sale Price | $1,610,000 |
Price per Sq Ft | $498 |
Avg. Days on Market | 47 |
% Listings Over $2M | 22% |
Inventory Trend (MoM) | +4% |
Homes Sold 4+ Beds | +8% YoY |
🔎 Luxury Buyer Insights
Historic Charm Drives DemandLakewood’s mid-century and Tudor homes are especially popular, attracting buyers seeking preserved character with modern conveniences.
Negotiation Opportunity ExistsHomes priced slightly above market or needing minor updates may stay open longer—offering room for price discussions.
Outdoor-Living Boosts AppealBackyards with decking, fireplaces, or mature landscaping are key differentiators—Lakewood buyers seek seamless indoor-outdoor flow.
🏁 Final Thoughts for May 2025
Lakewood continues its legacy as a premier Dallas neighborhood—melding historical elegance with modern family living. The market remains strong, but buyers can still benefit from well-priced listings and strategic negotiation under current conditions.
If you’re targeting timeless architecture, vibrant community culture, and lake access, working with a local expert who knows Lakewood deeply is essential.
Looking to find your dream home in Lakewood?Connect with Nitin Gupta, CRS, GRI, REALTOR®, for tailored search strategies, insider knowledge, and elite buyer representation.
📄 Explore Nitin’s credentials: https://www.nitinguptadfw.com/dallas-realtor-designations
🗣️ Read testimonials: https://www.nitinguptadfw.com/reviews
Call us at 469-269-6541 for more information about Lakewood real estate!
About us: Lakewood New Construction Expert Real Estate Agent
As a Top Real Estate Professional in Lakewood, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Lakewood and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Lakewood looking to buy a home in Fields or whether you are relocating to Lakewood from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Lakewood. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Lakewood? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Fields community that you can use to help make your home buying decision.
