The housing market in Lakewood Shores, IL is on the rise. The median value of a home in this area is $183,000 which is significantly lower than the US House Median Value of $338,100. This makes it a very attractive option for potential home buyers. Furthermore, the house appreciation rate over the past year has been 9.35%, outperforming the US 1 year House Appreciation of 8.27%. This shows that investing in real estate in Lakewood Shores is a smart decision and could be highly rewarding for potential buyers looking to invest in property.
The median home cost in Lakewood Shores is $183,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Lakewood Shores is up 13.7%.
Average Age of Homes
- The median age of Lakewood Shores real estate is 49 years old
The Rental Market in Lakewood Shores
- Renters make up 7.0% of the Lakewood Shores population
- 0.0% of houses and apartments in Lakewood Shores, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.