Thinking of selling in Schaumburg?
Sell your home in Lakewood
Lakewood homes have sold for a median of $196,250 over the past year, typically in about 8 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$196,250
Median sale
22
Homes sold
12 mo
26
Avg. days on mkt
$197
Median $/sqft
3
For sale now
~1.6 mo supply
Median price by year
▲ 5.4%What I know about Lakewood
A seller's market
Just 3 homes for sale against 22 sales a year, roughly 1.6 months of supply, firmly a seller's market.
Timing matters
March is the window: homes listed then go under contract in under two weeks, while May listings have taken about two months.
1-bedroom demand
1-bedroom homes are the quickest to sell here, going under contract in about two weeks on average, faster than the neighborhood as a whole.
Recently sold in Lakewood
Jul 2026$170,000
617 Limerick Lane
1 bd · 1 ba · 6d · 100% of list
Jul 2026$205,000
729 Limerick Lane
2 bd · 2 ba · 13d · 100% of list
Jul 2026$235,000
615 Tralee Court
2 bd · 2 ba · 7d · 102% of list
Jul 2026$199,000
705 Tipperary Court
1 bd · 1 ba · 900 sf · 7d · 100% of list
Jun 2026$164,900
620 Tralee Court
1 bd · 1 ba · 850 sf · 47d · 103% of list
Jun 2026$210,000
605 Limerick Lane
2 bd · 2 ba · 1,100 sf · 3d · 98% of list
May 2026$177,500
112 Mullingar Court
1 bd · 1 ba · 825 sf · 9d · 96% of list
May 2026$185,000
605 Limerick Lane
2 bd · 2 ba · 1,000 sf · 5d · 100% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
Selling in Lakewood: common questions
How fast do homes sell in Lakewood?
Over the past year, homes in Lakewood have gone under contract in about a month on average (26 days), with the typical home closing in about 8 days.
What is my Lakewood home worth?
Homes here have sold for a median of $196,250 over the last 12 months, around $197 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 3 homes for sale against 22 sales a year, about 1.6 months of supply, Lakewood is a seller's market. Sellers here have been getting about 99% of list price.
Your local agent
Joe knows Lakewood
Joe has read every one of the 22 homes that sold in Lakewood this past year, at a median of $196,250, with the typical home going under contract in under two weeks. Joe knows what today's Lakewood buyer will actually pay, and what they won't.
With only 1.6 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% of list price. Text or call any time for a straight read on your number.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- 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
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