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Thinking of selling in Lakewood?

Sell your home in Lakewood

Lakewood homes have sold for a median of $615,000 over the past year, and the typical one went under contract in 11 days. It's a seller's market. Here's the full picture, and what your home is worth today.

The Lakewood market right now

Live from MLS closings · last 12 months

$615,000

Median sale

43

Homes sold

12 mo

11

Median days on mkt

$185

Median $/sqft

14

For sale now

~3.9 mo supply

Median price by year

▲ 2.6%
$566K2024$604K2025$620K2026

Recently sold in Lakewood

7417 Inverway Drive, soldOct 2026

$738,000

7417 Inverway Drive

5 bd · 3.5 ba · 3,553 sf · 16d · 105% of list

9516 Georgetown, soldOct 2026

$405,000

9516 Georgetown

2 bd · 2.5 ba · 2,066 sf · 7d · 98% of list

7110 Marsh Drive, soldOct 2026

$620,000

7110 Marsh Drive

4 bd · 2.5 ba · 3,433 sf · 5d · 98% of list

366 Warwick Lane, soldSep 2026

$560,000

366 Warwick Lane

4 bd · 2 ba · 2,899 sf · 8d · 112% of list

7645 Farrell Drive, soldSep 2026

$700,000

7645 Farrell Drive

4 bd · 3.5 ba · 4,668 sf · 8d · 97% of list

393 Warwick Lane, soldAug 2026

$485,000

393 Warwick Lane

7 bd · 4 ba · 3,920 sf · 32d · 94% of list

8845 Belfield Road, soldAug 2026

$1,350,000

8845 Belfield Road

6 bd · 4.5 ba · 8,239 sf · 37d · 93% of list

9507 Georgetown Lane, soldAug 2026

$330,000

9507 Georgetown Lane

2 bd · 2.5 ba · 1,640 sf · 15d · 99% of list

Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.

What the sales data shows in Lakewood

Timing matters

Homes that closed in May typically went under contract in 3 days, while March closings took 156 days.

Price sets the pace

Homes above $700K typically go under contract in 12 days, while the $545K to $690K range, where most of the neighborhood trades, typically takes 8 days.

Selling in Lakewood: common questions

How fast do homes sell in Lakewood?

Over the past year, the typical home in Lakewood went under contract in 11 days. That is the median market time of the homes that sold in the last 12 months.

What is my Lakewood home worth?

Homes here have sold for a median of $615,000 over the last 12 months, around $185 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.

Is now a good time to sell in Lakewood?

With 14 homes for sale against 43 sales a year, about 3.9 months of supply, Lakewood is a seller's market. Sellers here have been getting about 99.5% of list price.

Joe Keegan, Lakewood real estate agent

Your local agent

Selling in Lakewood? Talk to Joe

43 homes sold in Lakewood over the past year at a median of $615,000, and the typical one went under contract in 11 days. Joe can help you weigh listing now against the window that has sold fastest here.

With only 3.9 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Lakewood comps, not a national average, and sellers here have been getting about 99.5% of list price. Text or call any time for a straight read on your number.

✓Licensed IL broker✓Lakewood sold comps✓43 Lakewood sales tracked✓Sellers ~99.5% of list

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA built on the homes that actually sold around you, adjusted for the floor plan, condition and upgrades that move the price.

  • Pricing range with comp-by-comp logic
  • Pre-list improvements that pay back, and the ones that don't
  • No obligation, no spam, no auto-dialer

Get a real valuation

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