Market Overview
Home Prices in Lakewood, WI
The median home value in Lakewood, WI is $301,292 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and up 6.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakewood are priced27% below average. Lakewood is part of the Green Bay, WI metro area.
Over the past five years, Lakewood home values have risen by approximately58.0%, reflecting strong long-term appreciation in this market.
Price History
Lakewood Home Price Trend
City Comparison
Lakewood vs. National Median
At $301,292, homes in Lakewood cost 27% below the national median of $410,000. This makes Lakewood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lakewood?
20% Down Payment
$60,258
on $301,292
Monthly P&I
$1,571/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,995/mo
incl. taxes & insurance
Income Needed
$79,800
gross annual (30% rule)
10% Down Option
$30,129
+ PMI applies
Loan Amount (20% dn)
$241,034
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, WI?
The median home value in Lakewood is $301,292 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Lakewood?
Over the past year, home values in Lakewood have increased by 7.4%. Over five years, prices have risen approximately 58.0%.
How much do I need to earn to buy a home in Lakewood?
To comfortably afford the median home price of $301,292 with a 20% down payment ($60,258) at today's rates (6.8%), you'd need a gross annual income of approximately $79,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakewood compare to the national average home price?
The national median home value is approximately $410,000. At $301,292, homes in Lakewood are 27% below the national average.
What metro area is Lakewood part of?
Lakewood is part of the Green Bay, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.