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Lakewood, IL

Full City Profile · Illinois · McHenry County County

3.0 /5.0
B Good
18 Population 4/sq mi density
49°F Avg Temperature 260 sunny days/yr
25 Violent Crime/100K 549 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
25 violent crimes/100K
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher

Housing Overview

Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
1,576
Median year built: 1999

Home Value by Source

Zillow (ZHVI)
$186,474
Median Sale Price
$595,000
Median List Price
$385,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo

Market Indicators (Redfin)

Median Days on Market
113 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
30.3%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$186,474
Median Sale Price$595,000
Median List Price$385,000
Price Per Sq Ft$140

Rent

FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market113
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold5
Active Inventory15
Price Per Sq Ft$140

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units1,576
Median Year Built1999
Rent Burden30.3%