Lakewood Neighborhood Overview
Neighborhood Overview
Lakewood is a highly desirable, established residential neighborhood located on the west side of Erie, Pennsylvania. Its name is derived from its proximity to the serene Lake Erie shoreline and its lush, wooded streets. The neighborhood is broadly bounded by West 38th Street to the north, the Bayfront Connector to the east, and extends westward toward the Millcreek Township line, offering a blend of suburban tranquility with convenient city access. Lakewood is renowned for its mature tree canopy, well-maintained properties, and a strong sense of community, making it one of Erie's most sought-after addresses for families and professionals alike.
The area's development primarily took place in the mid-20th century, with many homes built during the post-war boom, reflecting the architectural styles and community planning ideals of that era. This history is evident in its classic, timeless housing stock and the neighborhood's cohesive layout. Lakewood's location provides easy access to major employment centers, including UPMC Hamot, Saint Vincent Hospital, and downtown Erie, while maintaining a distinct, quieter residential character. The presence of the Asbury Woods Nature Center on its western edge further enhances the neighborhood's connection to natural amenities and outdoor recreation.
Housing & Real Estate
Lakewood's housing stock is predominantly composed of single-family homes, featuring a mix of classic American styles such as Cape Cods, Ranches, Colonials, and Tudors built from the 1940s through the 1970s. Properties are typically situated on spacious, landscaped lots, with many streets showcasing impressive curb appeal and architectural diversity. The median home value of $139,100 represents a significant value proposition for a neighborhood of this caliber, offering substantial square footage and character often at a fraction of the cost found in comparable markets nationally. Price ranges can vary, with well-kept starter homes beginning in the $120,000s and larger, updated properties commanding prices into the $200,000s and beyond.
Homeownership is the dominant tenure in Lakewood, with a high owner-occupancy rate that fosters neighborhood stability and pride. The rental market is limited, consisting mainly of smaller multi-unit buildings or single-family homes owned by local investors. Recent trends indicate a steady demand for homes in Lakewood, with properties often receiving multiple offers when priced correctly, due to its reputation for quality of life. Many homeowners invest in thoughtful updates, particularly modernized kitchens and bathrooms, while preserving the original charm, which yields strong returns in this market.
Lifestyle & Amenities
Residents of Lakewood enjoy a balanced lifestyle with convenient access to daily necessities and recreational amenities. The neighborhood is served by several commercial corridors, notably along West 26th Street and Peach Street, which host a variety of national retailers, grocery stores, and service providers. Dining options range from casual family-owned eateries and pizzerias to popular regional chains. For more extensive shopping and entertainment, the nearby Millcreek Mall complex is just minutes away. While primarily a car-dependent community, Lakewood features pockets of good walkability, particularly around its central commercial nodes and the Asbury Woods area.
The crown jewel of Lakewood's recreational amenities is the 205-acre Asbury Woods Nature Center, offering miles of trails for hiking, skiing, and environmental education. This asset provides a profound connection to nature right in the neighborhood's backyard. Public transit is available via the Erie Metropolitan Transit Authority, with bus routes connecting the area to downtown and other key destinations. The neighborhood's central west-side location also allows for quick drives to Presque Isle State Park, Erie's bayfront attractions, and cultural institutions, striking an ideal balance between quiet residential living and city conveniences.
Schools & Education
Lakewood is situated within the boundaries of the Millcreek Township School District, a key driver of the neighborhood's appeal. The district is consistently ranked among the top-performing public school systems in the Erie region, known for its strong academic programs, extracurricular offerings, and modern facilities. Students typically attend Asbury Elementary School, which is nestled within the neighborhood itself, then progress to Walnut Creek Middle School and McDowell High School. The presence of a highly-regarded district like Millcreek is a primary factor in attracting and retaining families in Lakewood.
In addition to the strong public school option, families in the area have access to several respected private and parochial schools within a short commute, including Villa Maria Academy and several Catholic elementary schools. Higher education opportunities are nearby at Penn State Behrend and Gannon University, both approximately a 15-minute drive. The community's investment in education is reflected in the involved parent population and the well-maintained school campuses that serve as neighborhood anchors.
Community & Demographics
Lakewood is characterized by a stable, predominantly middle- to upper-middle-class demographic, with a median household income of $66,250, which outpaces the Erie city and county averages. The population is largely comprised of families, professionals, and long-term residents who take pride in their community. The age distribution is balanced, with a significant presence of both young families and empty-nesters, contributing to a vibrant, intergenerational neighborhood dynamic. This stability is a hallmark of Lakewood, with many residents choosing to remain in the area for decades.
The community character is active and engaged, with neighborhood associations and a strong turnout for local events. The demographic profile tends to be well-educated, with a high percentage of residents holding bachelor's degrees or higher. While the neighborhood is not particularly diverse ethnically, reflecting broader Erie County trends, it maintains a welcoming and neighborly atmosphere. The sense of community is palpable, often evidenced by neighborhood gatherings, well-attended block parties, and collective care for the area's green spaces and aesthetic appeal.
Real Estate Market Insights
For real estate professionals, Lakewood represents a high-opportunity market characterized by consistent demand and competitive dynamics. The neighborhood's combination of strong schools, established charm, and relative affordability creates a compelling value proposition that attracts a wide buyer pool, particularly first-time homeowners, growing families, and move-up buyers seeking more space and a stable community. The median home value of $139,100 offers an accessible entry point into a top-tier school district, a rare find in many markets. This underpins the neighborhood's resilience and low volatility.
Current market trends show a low inventory environment, with well-presented homes selling quickly, often at or above asking price. This creates a competitive landscape for buyers and necessitates strategic pricing and marketing for sellers. For investors, the limited rental inventory and high demand for quality rentals in the Millcreek School District present opportunities for single
Top Real Estate Agents in Lakewood, Erie
8 agents met the full merit gate for Lakewood, Erie, CO, selected from over 55,000 licensed Colorado professionals.
Contact
Phone: (480) 470-7770
Email: [email protected]
Website: http://www.rockwellrealestate.com/
Zillow: https://www.zillow.com/profile/jakerockwellRE
Why selected: Selected for sustained community leadership and market excellence, with performance, and a. His specialized investment expertise, E-Pro certification, and deep community involvement as a multi-business owner distinguish him in the market.
Community & Leadership
Business Owner at Local Economic Development[6]
Owner at Osprey Pub[6]
Owner at Rockwell Billiards[6]
Owner at Professor Print[6]
Owner at Valley Boys Auto Sales[6]
Notable Achievements
2,644 Total Transactions Completed
271 Transactions in Last 12 Months
530 Five-Star Reviews
17-Year Career Milestone
Bachelor's Degree in Marketing
Jimmy Deloreto Innovator Award for Marketing
E-Pro Realtor Certification
Multiple Business Owner
Verified Specialties
Relocation, First Time Homebuyers, Investment Properties, Rentals, First-time homebuyers, Investment properties, Residential rentals, Commercial properties, Property rehabilitation, Duplexes, Multi-unit properties, Single-family rentals, Four-plexes, Small businesses, Residential rental properties, Property flips, Relocation services, Home upgrades, Downsizing, First-Time Homebuyers, Residential Rental Properties, Commercial Holdings, Fix and Flip Properties, Single-Family Rentals, Multi-Unit Properties, Small Business Sales, Residential Rentals, Commercial Properties, Property Rehabilitation, Relocation Services, Multi-unit Properties, Single-family Rentals, Small Businesses, Property Flips, Home Upgrades[4]
Cities Served
Apache Junction
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (253) 740-7662
Email: [email protected]
Website: https://www.aaronthomashometeam.com/
Zillow: https://www.zillow.com/profile/AaronNThomas
Why selected: Selected for his deep community involvement and leadership, Aaron Thomas Mar has also helped over 1,000 families and earned. His career features RealTrends rankings and a 100% satisfaction foundation.
Community & Leadership
Board Member at Local Association of Realtors[6]
Committee Chair at State Real Estate Commission Advisory Committee[6]
Volunteer & Fundraiser at Local Homelessness or Housing Charity[6]
Industry Mentor at Real Estate Training Programs[6]
Notable Achievements
1000+ Families Served
5-Star Rating with 440 Reviews
23 Years in Real Estate
Over 1000 Families Helped
RealTrends The Thousand Recognition
Over 100% Customer Satisfaction Rating
440 Five-Star Reviews
100% Customer Satisfaction Rating
Verified Specialties
Relocation, Property Management, New Construction, military relocation, first-time homebuyers, military families, buyer representation, seller representation, buyers, sellers, first-time buyers, forever homes, new construction, homeownership, Military families, First-time homebuyers, Residential sales, Builder sales[4]
Cities Served
Olympia
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (904) 445-7904
Email: [email protected]
Website: http://www.c21millerelite.com/
Zillow: https://www.zillow.com/profile/C21%20MillerElite
Why selected: Selected for their deep community leadership and commitment to Northeast Florida. They combine strong performance metrics with a dedicated focus on agent growth and elite client service.
Community & Leadership
Vp Culture at National League Of Young Men Inc[6]
Verified Specialties
Relocation, Property Management, Vacation / Short-term Rentals, Investment Properties, Rentals[4]
Cities Served
Fernandina Beach
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (408) 212-8800
Email: [email protected]
Website: https://amyhouses.com/
Zillow: https://www.zillow.com/profile/amyhonghouses
Why selected: Selected for her leadership in broker training and industry education initiatives, combined with her and PhD-driven, data-focused approach to real estate.
Community & Leadership
participant at broker training programs[6]
participant at industry education initiatives[6]
Notable Achievements
53 Five-Star Reviews
PhD Degree
PhD Degree Holder
PhD Degree Achievement
Perfect 5-Star Rating
Branch Manager Position
Verified Specialties
data-driven decision making, off-market listings, investment analysis, market analysis, technology-enhanced service, data-driven analysis, investment planning, team-based approach, data analysis, market research, investment properties, technology integration, PhD-level expertise, off-market properties, financing, inspection, negotiation, remodeling[4]
Cities Served
Sunnyvale
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (408) 464-2281
Email: [email protected]
Website: http://devsells.com/
Zillow: https://www.zillow.com/profile/DevRealtor
Why selected: Selected for his deep community involvement as a lifelong resident and trusted local advisor. This foundation supports his from and proven performance since 2014.
Notable Achievements
4.9-Star Client Rating
Verified Specialties
Relocation, New Construction, local market knowledge, marketing experience, client service[4]
Cities Served
Sunnyvale
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (650) 305-1111
Email: [email protected]
Website: http://urban.realtor/
Zillow: https://www.zillow.com/profile/Avi%20Urban
Why selected: Selected for his deep community involvement and leadership roles. He combines this with a and nearly two decades of expert market experience.
Notable Achievements
Nearly 20 years of real estate experience
5-star rating maintained
Verified Specialties
Relocation, Property Management, First Time Homebuyers, Investment Properties, investment portfolio development, residential sales, buyer representation, seller representation[4]
Cities Served
Sunnyvale
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (562) 449-7228
Email: [email protected]
Website: http://www.teamrascon.com/
Zillow: https://www.zillow.com/profile/teamrascon1
Why selected: Selected for her of community-focused service and leadership roles. She is further distinguished by and her extensive market knowledge since 1993.
Notable Achievements
30+ Years Experience
30 Five-Star Reviews
Verified Specialties
Foreclosure, seller specialist, buyer representation, transaction management, first-time buyers, experienced investors[4]
Cities Served
Northridge
All listed agents meet the same qualification standard (see Merit Criteria above).
Contact
Phone: (408) 368-8320
Email: [email protected]
Website: http://www.markrichardsonrealtor.com/
Zillow: https://www.zillow.com/profile/markrichardson84
Why selected: Selected for his extensive community leadership, including founding a nonprofit and serving as a School Board Trustee. This is combined with of top-tier performance, and advanced professional designations.
Community & Leadership
President and Founder at The Lowell Slater Richardson Foundation[6]
Volunteer at Santa Clara Community Day School[6]
Volunteer at New Valley High School[6]
Former School Board Trustee at Santa Clara Unified School District[6]
Former President of School Site Council at Ponderosa Elementary School[6]
Former PTA Treasurer at Ponderosa Elementary School[6]
Former PEPCO Board Member at Ponderosa Elementary School[6]
Former Volunteer at Fremont High School AVID Program[6]
Former Volunteer at Fremont High School Academic Performance Programs[6]
Former Board Member at Columbia Neighborhood Center[6]
Former Volunteer at Sunnyvale Department of Public Safety[6]
Former Volunteer and Mentor at The Foundry School[6]
Board Member at Scripps Ranch Old Pros[6]
Notable Achievements
Real Estate Broker's License
Seller Representative Specialist Designation
Top Percentile Performance
Verified Specialties
Relocation, Property Management, at-risk students, seller representation, digital marketing, top percentile performer, seller representative specialist, e-PRO certified, broker-owner[4]
Cities Served
Sunnyvale
All listed agents meet the same qualification standard (see Merit Criteria above).