The Lakewood Ridge housing market is somewhat competitive. The median sale price of a home in Lakewood Ridge was $450K last month, up 26.8% since last year.
What is the housing market like in Lakewood Ridge today?
In March 2024, Lakewood Ridge home prices were up 26.8% compared to last year, selling for a median price of $450K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+26.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Ridge, IL
$450,000
+26.8%
United States
To compare other locations to the Lakewood Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Bolingbrook add value to a home.
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How hot is the Lakewood Ridge housing market?
Lakewood Ridge is somewhat competitive. Homes sell in 46 days.
0
100
49
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 46 days.
Hot homes
can sell for around list price and go pending in around 34 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.1%
-0.89 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Ridge, IL
99.1%
-0.89 pt
United States
Home offer insights for Lakewood Ridge
Explore recent offers and recently sold homes in Lakewood Ridge
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 Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Ridge.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Ridge has a minor risk of flooding. 11 properties in Lakewood Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Lakewood Ridge. Flood risk is increasing slower than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Ridge has a moderate risk of wildfire. There are 301 properties in Lakewood Ridge that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in Lakewood Ridge.
Lakewood Ridge has minimal risk of severe winds over the next 30 years
Wind Factor
Lakewood Ridge has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.