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Featured local agent — Lakewood Club, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lakewood Club, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lakewood Club, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lakewood Club, MI Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$274,000median sale price

How is the Lakewood Club, MI housing market right now?

The median home sale price in Lakewood Club, MI is $274,000. Homes sell in an average of 62 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lakewood Club a buyer's or seller's market?

Balanced market2.0 months of supply62 avg. days on market

Lakewood Club, MI is currently a balanced market, based on 2.0 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

62

Average pace

Active listings

2

2.0 months supply

Sale-to-list

98.2%

Below asking

What does the Lakewood Club housing market data show?

Current housing market statistics for Lakewood Club, MI
MetricValue
Median sale price$274,000
Median list price$424,900
Average days on market62 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio98.2%
Median price per sq ft$217/sq ft
Homes sold (latest month)1
New listings (latest month)1
Listings with a price cut50.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Lakewood Club by property type?

How the Lakewood Club, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lakewood Club, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$274,000$217/sq ft162 days

Source: Redfin · Updated monthly

The Lakewood Club housing market is currently classified as a balanced market with a median sale price of $274,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 62 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.

Homes for sale in Lakewood Club

There are currently 2 homes listed for sale in Lakewood Club, Michigan. The median listing price is $425K.

Active listings

2

Homes on market

Median list price

$425K

Avg. days on market

62

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:98.2%

Who lives in Lakewood Club?

Population

1,315

Median income

$67,277/yr

Median age

38.8 years

Owner-occupied

90.2%

College grads

11.5%

Avg commute

24.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Lakewood Club?

Zillow home value

$229,531

Price-to-income

3.4x

Source: Zillow Research

What is it like to live in Lakewood Club?

Lakewood Club is a community of approximately 1K residents with a median age of 38.8 years.The median household income is $67,277, which represents a working-class community with solid middle-income opportunities. 11.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakewood Club offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Lakewood Club, MI?

Want a head-to-head view? Compare Lakewood Club side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lakewood Club?

The median home sale price in Lakewood Club is $274,000, down 0.0% from last year.

How long do homes stay on market in Lakewood Club?

Homes typically spend 62 days on market before going under contract.

What is the median income in Lakewood Club?

The median household income is $67,277 per year.

Is Lakewood Club a buyer's or seller's market?

With 2.0 months of supply, Lakewood Club is currently a balanced market.

What is the Zillow home value estimate for Lakewood Club?

The Zillow Home Value Index (ZHVI) for Lakewood Club is $229,531, representing the typical home value in the area.

How much does a single-family home cost in Lakewood Club?

The median single-family home price in Lakewood Club, MI is $274,000 (about $217 per square foot).

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