62438
Lakewood, Illinois.
Lakewood, Shelby County, IL · population 238
to buy the typical home at today's mortgage rate — +$175 (+20%) since Jan 2024.
- 1 year
- Up $13,559 +7%
- $183,660$197,219 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 62438$1,035
- United States$1,922
Typical home values in zip 62438 rose 7.4% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Lakewood, IL — measured over the city limits, which is a different area from this zip.
Typical home value — 62438
Mid-tier homes, smoothed and seasonally adjusted.
- 62438$197,219
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.2 | 62571 | Tower Hill | 1,269 | — | $158,261 |
| 6.5 | 62422 | Cowden | 926 | — | $152,365 |
| 7.1 | 62565 | Shelbyville | 7,559 | — | $152,335 |
| 7.9 | 62444 | Mode | 623 | — | $236,314 |
| 9.4 | 62431 | Herrick | 717 | — | $174,913 |
| 10.8 | 62414 | Beecher City | 1,783 | — | $187,056 |
| 12.5 | 62465 | Strasburg | 806 | — | $185,440 |
| 13.1 | 62553 | Oconee | 318 | — | $202,315 |
| 13.5 | 62461 | Shumway | 625 | — | $211,502 |
| 13.6 | 62557 | Pana | 6,878 | — | $109,591 |
| 15.0 | 62534 | Findlay | 1,041 | — | $158,400 |
| 15.0 | 62463 | Stewardson | 1,103 | — | $167,416 |
| 16.2 | 61957 | Windsor | 1,707 | — | $155,676 |
| 16.5 | 62510 | Assumption | 1,677 | — | $131,796 |
| 17.9 | 62080 | Ramsey | 3,255 | — | $157,603 |
| 19.3 | 62411 | Altamont | 4,249 | — | $166,492 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.