Current Price

$177,442

1 Month Forecast

â–² $177,808

1-Year Forecast *

â–² $184,954

5-Year Forecast *

â–² $219,424

"Is it a good time to buy homes in Lakewood?" "Does investing in real estate in Lakewood (Illinois State, Shelby County) worth it?" According to our live Forecast System, buying a house in Lakewood is a not so good short-term (1-year) investment*. The Lakewood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lakewood" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lakewood in Illinois State, Shelby County. If you are looking for homes for sale with good flipping profit, Lakewood can be a profitable property investment option. The median price of an average house in Lakewood was 177,442 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lakewood" area is 219,424 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +23.66% meaning that investing 100000 USD today may yield a profit of 23,659 USD by 2031.

Current Median Listing Price: 177,442 USD Median Listing Price Per Square Foot: 99 USD

Lakewood Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lakewood (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lakewood Price Target

Lakewood median home price target in 12 months: $184,954* (upside of 4.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $160,594 $177,442 $160,594 $177,442
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Lakewood Housing Market Forecast

How much does an average home cost in Lakewood today?

The value of an average home (the listing price) in Lakewood is $177,442 USD.

What is the average price per square foot in Lakewood?

According to Walletinvestor the median price per square foot in Lakewood is 99 USD.

Will the median listing price of homes in Lakewood grow / rise / go up?

Yes. The Lakewood home prices may rise from 177,442 USD to 184,954 USD in one year.

Is it profitable to invest in Lakewood homes?

Yes. The long-term profit potential is +4.23% in one year.

Will Lakewood house prices fall / drop?

No. See above.

What is the predicted price of a Lakewood home in 2030?

The predicted home sales price of a Lakewood home in 2030 in Lakewood is 210,103 USD.

What is the predicted price of a Lakewood home in 2035?

The predicted home sales price of a Lakewood home in 2035 in Lakewood is 261,031 USD.

Will real estate prices decrease in Lakewood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lakewood is the 23244. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Shelby, Lakewood remained stable, looking at the past 12 months.

According to Walletinvestor's Lakewood real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 177,442 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 3.083% in 2021
  • 4.333% in 2022
  • 6.023% in 2023
  • 2.493% in 2024
  • 2.683% in 2025
  • 2.393% in 2026

Based on our Lakewood real estate market research and report the predicted sales prices will increase by 51.379% in the next 10 years.

Lakewood (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lakewood Housing Market Forecast with Real Estate Prices for 2025
January 2025 177808 161450 194167
February 2025 178034 163792 192277
March 2025 178749 167309 190189
April 2025 179467 167084 191850
May 2025 180188 164511 195864
June 2025 180911 169333 192490
July 2025 181638 166562 196714
August 2025 182367 166866 197869
September 2025 183100 171931 194269
October 2025 183835 173540 194130
November 2025 184573 167408 201739
December 2025 184954 167568 202340
Lakewood Housing Market Forecast with Real Estate Prices for 2026
January 2026 185189 168522 201856
February 2026 185933 171430 200435
March 2026 186679 168198 205161
April 2026 187429 172810 202049
May 2026 188182 173880 202484
June 2026 188938 174011 203864
July 2026 189696 175469 203923
August 2026 190458 178459 202457
September 2026 191223 174778 207668
October 2026 191991 178935 205046
November 2026 192387 176996 207778
December 2026 192631 181651 203611
Lakewood Housing Market Forecast with Real Estate Prices for 2027
January 2027 193405 183735 203075
February 2027 194182 179812 208551
March 2027 194961 178195 211728
April 2027 195744 184783 206706
May 2027 196530 182970 210091
June 2027 197320 181731 212908
July 2027 198112 182857 213367
August 2027 198908 179216 218600
September 2027 199706 189521 209892
October 2027 200118 189712 210525
November 2027 200373 188951 211794
December 2027 201177 189107 213248
Lakewood Housing Market Forecast with Real Estate Prices for 2028
January 2028 201985 188654 215316
February 2028 202796 191237 214356
March 2028 203611 190783 216438
April 2028 204428 189301 219556
May 2028 205249 187598 222901
June 2028 206074 189794 222354
July 2028 206901 191177 222626
August 2028 207732 189452 226013
September 2028 208161 191716 224605
October 2028 208425 196962 219889
November 2028 209262 196497 222027
December 2028 210103 194345 225860
Lakewood Housing Market Forecast with Real Estate Prices for 2029
January 2029 210946 199555 222337
February 2029 211793 199298 224289
March 2029 212644 197972 227316
April 2029 213498 197486 229510
May 2029 214355 202351 226359
June 2029 215216 203810 226623
July 2029 216080 195553 236608
August 2029 216526 197039 236013
September 2029 216801 202926 230677
October 2029 217672 206571 228773
November 2029 218546 200625 236467
December 2029 219424 199895 238952
Lakewood Housing Market Forecast with Real Estate Prices for 2030
January 2030 220305 207307 233303
February 2030 221190 200398 241981
March 2030 222078 208975 235180
April 2030 222970 202902 243037
May 2030 223865 210209 237521
June 2030 224764 210829 238700
July 2030 225228 209237 241219
August 2030 225514 214238 236790
September 2030 226420 205815 247024
October 2030 227329 215962 238695
November 2030 228242 216373 240110
December 2030 229158 207159 251158
Lakewood Housing Market Forecast with Real Estate Prices for 2031
January 2031 230079 207531 252626
February 2031 231003 214139 247866
March 2031 231930 212912 250949
April 2031 232862 220753 244970
May 2031 233797 212054 255540
June 2031 234279 212257 256301
July 2031 234577 220268 248886
August 2031 235519 212202 258835
September 2031 236465 214473 258456
October 2031 237414 216284 258544
November 2031 238368 217868 258867
December 2031 239325 226641 252009

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.