The Lakewood Heights housing market is somewhat competitive. The median sale price of a home in Lakewood Heights was $265K last month, up 32.3% since last year.
What is the housing market like in Lakewood Heights today?
In January 2025, Lakewood Heights home prices were up 32.3% compared to last year, selling for a median price of $265K. On average, homes in Lakewood Heights sell after 67 days on the market compared to 60 days last year. There were 5 homes sold in January this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$264,500
+32.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Lakewood Heights, IL
$264,500
+32.3%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Lakewood Heights
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Lakewood Heights housing market?
Lakewood Heights is somewhat competitive. Homes sell in 56 days.
0
100
53
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 56 days.
Hot homes
can sell for about 4% above list price and go pending in around 34 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.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Heights has a minor risk of flooding. 79 properties in Lakewood Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Lakewood Heights. Flood risk is increasing slower than the national average.
73% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Heights has a moderate risk of wildfire. There are 518 properties in Lakewood Heights that have some risk of being affected by wildfire over the next 30 years. This represents 73% of all properties in Lakewood Heights.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood Heights has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood Heights is most at risk from hurricanes. 702 properties in Lakewood Heights have some risk of being in a severe wind event within the next 30 years.
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