The Lakewood Grove housing market is somewhat competitive. The median sale price of a home in Lakewood Grove was $354K last month, up 5.6% since last year.
What is the housing market like in Lakewood Grove today?
In March 2024, Lakewood Grove home prices were up 5.6% compared to last year, selling for a median price of $354K. On average, homes in Lakewood Grove sell after 68 days on the market compared to 82 days last year. There were 6 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$353,700
+5.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Grove, IL
$353,700
+5.6%
United States
To compare other locations to the Lakewood Grove and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Round Lake add value to a home.
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How hot is the Lakewood Grove housing market?
Lakewood Grove is somewhat competitive. Homes sell in 40 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 40 days.
Hot homes
can sell for about 4% above list price and go pending in around 29 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.3%
+0.09 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Grove, IL
99.3%
+0.09 pt
United States
Home offer insights for Lakewood Grove
Explore recent offers and recently sold homes in Lakewood Grove
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 Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Grove.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Grove has a minor risk of flooding. 13 properties in Lakewood Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Lakewood Grove. Flood risk is increasing slower than the national average.
70% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Grove has a moderate risk of wildfire. There are 645 properties in Lakewood Grove that have some risk of being affected by wildfire over the next 30 years. This represents 70% of all properties in Lakewood Grove.
Lakewood Grove has minimal risk of severe winds over the next 30 years
Wind Factor
Lakewood Grove has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.