The median sale price of a home in Lakewood Estates was $260K last month, up 24.0% since last year. The median sale price per square foot in Lakewood Estates is $204, up 31.2% since last year.
What is the housing market like in Lakewood Estates today?
In May 2024, Lakewood Estates home prices were up 24.0% compared to last year, selling for a median price of $260K. On average, homes in Lakewood Estates sell after 84 days on the market compared to 97 days last year. There were 11 homes sold in May this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$259,700
+24.0% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Lakewood Estates, IL
$259,700
+24.0%
United States
To compare other locations to the Lakewood Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Richton Park add value to a home.
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How hot is the Lakewood Estates housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.9%
+1.2 pt YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Lakewood Estates, IL
99.9%
+1.2 pt
United States
Home offer insights for Lakewood Estates
Explore recent offers and recently sold homes in Lakewood Estates
Recent offers
View houses in Lakewood Estates that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lakewood Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Estates.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Estates has a moderate risk of flooding. 117 properties in Lakewood Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Lakewood Estates. Flood risk is increasing slower than the national average.
Lakewood Estates has minimal risk of severe winds over the next 30 years
Wind Factor
Lakewood Estates has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Lakewood Estates has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lakewood Estates have a Moderate Heat Factor®.
Lakewood Estates is expected to see a 128% increase in the number of days over 101ºF over the next 30 years. Lakewood Estates is expected to experience 7