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Town comparisons › Denver vs Lakewood

Denver vs Lakewood

Denver and Lakewood are both Colorado towns. There are 3,911 homes for sale in Denver and 361 in Lakewood as this page loaded. Asking prices are roughly the same in both: a median of $504,900 in Denver and $500,000 in Lakewood. Homes are moving faster in Denver — a median of 58 days on market against 80 in Lakewood. Denver is a balanced market right now and Lakewood is a seller's market.

Side by side

MeasureDenverLakewood
Homes for sale3,911361
New in last 30 days1,19781
Median asking price$504,900$500,000
Median price per sq ft$358$298
Median size (sq ft)1,4251,610
Median bedrooms33
Median days on market5880
Months of supply4.82.5
Sold, last 12 months9,8331,739
Median sold price$580,000$570,000
Median days to sell5955
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Denver is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Lakewood is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Denver

3,911
Homes for sale
$504,900
Median asking price
$358
Median per sq ft
58
Median days on market

Lakewood

361
Homes for sale
$500,000
Median asking price
$298
Median per sq ft
80
Median days on market

Look at either town on its own

Questions people ask

Is Denver or Lakewood more expensive?

Denver is more expensive. The median asking price is $504,900 in Denver against $500,000 in Lakewood. By price per square foot, Denver runs $358 and Lakewood $298.

Which moves faster, Denver or Lakewood?

Homes for sale in Denver have been on the market a median of 58 days, against 80 days in Lakewood. Of the homes that actually closed in the last twelve months, Denver took a median of 59 days and Lakewood 55.

Is Denver or Lakewood the better market for a buyer?

Denver is a balanced market and Lakewood is a seller's market, measured on months of supply — 4.8 months in Denver and 2.5 in Lakewood. More months of supply means more choice and more room to negotiate, so on that measure Denver is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Denver and Lakewood?

There are 3,911 homes for sale in Denver and 361 in Lakewood as this page loaded, 1,197 and 81 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.