Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Lakewood, Illinois is currently $7K per acre. For a typical parcel, the median sale price is $280K. Recently, the cheapest land sold for $280K while premium lots reached $280K.
Land in Lakewood, Illinois averages $7K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 40.0 acres.
The median land price in Lakewood, Illinois stands at $280K. This translates to roughly $7K per acre for the typical parcel size.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Lakewood, Illinois typically sells within 14 days of listing. The median time on market is 14 days. Properties are moving quickly in the current strong buyer's market.
There are currently 1 active listings in Lakewood, Illinois. The median asking price is $75K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lakewood on LandyDandy.
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