The Lakewood Heights housing market is somewhat competitive. The median sale price of a home in Lakewood Heights was $265K last month, up 14.8% since last year. The median sale price per square foot in Lakewood Heights is $151, down 29.8% since last year.
What is the housing market like in Lakewood Heights today?
In March 2024, Lakewood Heights home prices were up 14.8% compared to last year, selling for a median price of $265K. On average, homes in Lakewood Heights sell after 57 days on the market compared to 88 days last year. There were 5 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)
$265,000
+14.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Heights, IL
$265,000
+14.8%
United States
To compare other locations to the Lakewood Heights and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mundelein add value to a home.
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How hot is the Lakewood Heights housing market?
Lakewood Heights is somewhat competitive. Homes sell in 15 days.
0
100
56
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% below list price and go pending in around 15 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
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 Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Heights.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Heights has a moderate risk of flooding. 78 properties in Lakewood Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Lakewood Heights. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Heights has a moderate risk of wildfire. There are 229 properties in Lakewood Heights that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in Lakewood Heights.
Lakewood Heights has minimal risk of severe winds over the next 30 years
Wind Factor
Lakewood Heights has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
97% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Lakewood Heights has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Lakewood Heights have a Minor Heat Factor®.
Lakewood Heights is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Lakewood Heights is expected to experience 7