Revolutionizing · Modernizing · Simplifying
Town comparisons › Lakewood vs Morrison

Lakewood vs Morrison

Lakewood and Morrison are both in Jefferson County. There are 361 homes for sale in Lakewood and 96 in Morrison as this page loaded. Morrison is the more expensive of the two: a median asking price of $772,463 against $500,000 in Lakewood, about 54% higher. Homes are moving faster in Morrison — a median of 52 days on market against 80 in Lakewood. Lakewood is a seller's market right now and Morrison is a balanced market.

Side by side

MeasureLakewoodMorrison
Homes for sale36196
New in last 30 days8133
Median asking price$500,000$772,463
Median price per sq ft$298$341
Median size (sq ft)1,6102,260
Median bedrooms34
Median days on market8052
Months of supply2.53.9
Sold, last 12 months1,739295
Median sold price$570,000$800,000
Median days to sell5567
Sold vs asking price100.0%99.0%

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

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.
Morrison 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

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

Morrison

96
Homes for sale
$772,463
Median asking price
$341
Median per sq ft
52
Median days on market

Look at either town on its own

Questions people ask

Is Lakewood or Morrison more expensive?

Morrison is more expensive. The median asking price is $772,463 in Morrison against $500,000 in Lakewood. By price per square foot, Lakewood runs $298 and Morrison $341.

Which moves faster, Lakewood or Morrison?

Homes for sale in Morrison have been on the market a median of 52 days, against 80 days in Lakewood. Of the homes that actually closed in the last twelve months, Lakewood took a median of 55 days and Morrison 67.

Is Lakewood or Morrison the better market for a buyer?

Lakewood is a seller's market and Morrison is a balanced market, measured on months of supply — 2.5 months in Lakewood and 3.9 in Morrison. More months of supply means more choice and more room to negotiate, so on that measure Morrison 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 Lakewood and Morrison?

There are 361 homes for sale in Lakewood and 96 in Morrison as this page loaded, 81 and 33 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.