Market Overview
Home Prices in Lakewood Club, MI
The median home value in Lakewood Club, MI is $229,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakewood Club are priced44% below average. Lakewood Club is part of the Muskegon, MI metro area.
Over the past five years, Lakewood Club home values have risen by approximately39.3%, reflecting strong long-term appreciation in this market.
Price History
Lakewood Club Home Price Trend
City Comparison
Lakewood Club vs. National Median
At $229,531, homes in Lakewood Club cost 44% below the national median of $410,000. This makes Lakewood Club a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lakewood Club?
20% Down Payment
$45,906
on $229,531
Monthly P&I
$1,197/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,520/mo
incl. taxes & insurance
Income Needed
$60,800
gross annual (30% rule)
10% Down Option
$22,953
+ PMI applies
Loan Amount (20% dn)
$183,625
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lakewood Club, MI?
The median home value in Lakewood Club is $229,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Lakewood Club?
Over the past year, home values in Lakewood Club have increased by 2.6%. Over five years, prices have risen approximately 39.3%.
How much do I need to earn to buy a home in Lakewood Club?
To comfortably afford the median home price of $229,531 with a 20% down payment ($45,906) at today's rates (6.8%), you'd need a gross annual income of approximately $60,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakewood Club compare to the national average home price?
The national median home value is approximately $410,000. At $229,531, homes in Lakewood Club are 44% below the national average.
What metro area is Lakewood Club part of?
Lakewood Club is part of the Muskegon, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.