Lakewood, Sunnyvale Housing Market · 2026

Data through Sep 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Lakewood, Sunnyvale Market Snapshot

Lakewood still favors sellers, but the market is cooling. Here's where things stand:

Based on 24 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through September 2026

SalesWhat are homes selling for?
Median Sale Price
$1.36M
▼ Down 12.3% from September 2025
Down $192K from September 2025
Homes Sold
24
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,132/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,532
  • Property Tax$1,417
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
▼ 1 fewer day than in September 2025
Homes sell in a week or two
Sale-to-List Ratio
102.0%
▼ Down from 103.7% in September 2025
Selling at or near asking price
% Sold Over Asking
50%
50% of homes sold above asking, some competition
Active Listings
11
▲ Up 18.6% from September 2025
About 1.3 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Lakewood.

Median Sale Price
Down 12.3% year-over-year in Lakewood. Based on 24 sales in the last 3 months.
Homes Sold
26% more homes sold than a year ago in Lakewood.
Total Monthly Payment
Estimated monthly cost is down 7% from a year ago in Lakewood, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.4%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Lakewood, Sunnyvale

Is now a good time to buy in Lakewood, Sunnyvale?

Lakewood, Sunnyvale still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do Lakewood, Sunnyvale home prices compare to the Bay Area average?

At $1.36M, Lakewood, Sunnyvale's median sits about 23% below the Bay Area average of $1.77M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Lakewood, Sunnyvale is one of the more accessible corners of the Bay Area.

Within Sunnyvale, this area trades about 28% below the city-wide median of $1.88M.

By home type:

  • Single-family homes at $1.44M
  • Townhomes at $1.35M
  • Condos at $820K
What price range should I budget for in Lakewood, Sunnyvale?

Prices in Lakewood, Sunnyvale depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $1.44M
  • Townhomes at $1.35M
  • Condos at $820K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Lakewood, Sunnyvale for buyers?

Lakewood, Sunnyvale currently favors sellers:

  • Homes sell about 2% above asking on average
  • 50% close above list price
  • 12 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Lakewood, Sunnyvale home?

At $1.36M with 20% down at 7.4%, your estimated total monthly cost is approximately $9,132:

  • $7,532 principal and interest
  • $1,417 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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