The median home in Village of Lakewood, Illinois is valued at $568,842, up 6.3% year over year. Village of Lakewood is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$568,842

+6.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Village of Lakewood.

Income (annual)

Down Payment

$113,768 on $568,842

Example: $75,000 household income. Change it above to see your own.

Out of reach65.3% of income

Need $174,986/yr to afford.

PITI$4,083

P/I65.3%

Afford$244K

Gap-$325K

P&I $2,876Tax $1,057Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Village of Lakewood with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Village of Lakewood, IL