Home prices
Lakewood Shores's median home cost is $151,400. In comparison to nearby areas this is about $8,040 (5%) lower.It is roughly $66,100 (30%) lower in comparison to the country as a whole, and is approximately $106,600 (41%) lower compared to the city of Chicago.
Rents
The median monthly rent in Lakewood Shores is $1,286. Compared to its nearby areas this is about $246 (23%) higher.Compared to the nation as a whole it is approximately $224 (21%) higher, and in comparison to the city of Chicago it is approximately $174 (15%) higher.
Nearby places
Braidwood
Braidwood is roughly 3 miles west of Lakewood Shores. Housing prices there are somewhat more expensive. The median home in Braidwood is valued at $162,400, which is $11,000 (6%) higher than Lakewood Shores. The rent there is somewhat less expensive. Braidwood's median rent is $979 per month, which works out to $307 (31%) lower than Lakewood Shores.
Diamond
Diamond is approximately 5 miles west from Lakewood Shores. Real estate prices there are somewhat more expensive. The median home in Diamond is valued at $194,600, which comes out to $43,200 (22%) higher than Lakewood Shores. Rents there are a little less expensive. Diamond's median rent is $1,076 a month, which works out to $210 (19%) lower than Lakewood Shores.
Godley
Godley is about 5 miles southwest of Lakewood Shores. The real estate prices there are significantly less expensive. The median home price in Godley is $107,100, which comes out to $44,300 (41%) lower than Lakewood Shores. Its rents are a lot less expensive. Godley's median rent is $914 a month, which works out to $372 (40%) lower than Lakewood Shores.
Braceville
Braceville is about 5 miles southwest of Lakewood Shores. The real estate prices there are somewhat less expensive. The price of the median home in Braceville is $136,000, which works out to $15,400 (11%) lower than Lakewood Shores. The rent there is fairly similar. Braceville's median monthly rent is $1,226, which works out to $60 (4%) lower than Lakewood Shores.
Coal City
Coal City is about 6 miles west from Lakewood Shores. Its real estate prices are a bit more expensive. Coal City's median home cost is $197,100, which comes out to $45,700 (23%) higher than Lakewood Shores. Rents there are a little less expensive. The median rent in Coal City is $1,006 per month, which comes out to $280 (27%) lower than Lakewood Shores.