Lakewood, IL
Housing market overview · Updated weekly
$595,000median sale price
Homes sold
5
Last 12 weeks
Days on market
113
Average pace
Active listings
15
3.0 months supply
Sale-to-list
97.4%
Below asking
The Lakewood housing market is currently classified as a balanced market with a median sale price of $595,000. Prices have risen 42.5% compared to last year, with homes spending an average of 113 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lakewood
There are currently 15 homes listed for sale in Lakewood, Illinois. The median listing price is $385K.
Active listings
15
Homes on market
Median list price
$385K
Avg. days on market
113
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Lakewood?
The median home sale price in Lakewood is $595,000, up 42.5% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 113 days on market before going under contract.
Is Lakewood a buyer's or seller's market?
With 3.0 months of supply, Lakewood is currently a balanced market.
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