Lakewood on Caton Farm, Joliet, IL
Lakewood on Caton Farm — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lakewood on Caton Farm, Joliet, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Lakewood on Caton Farm Neighborhood Overview
Lakewood on Caton Farm is a residential neighborhood located in the southwest area of Joliet, Illinois. It offers a suburban living experience with a focus on family-friendly environments and community spaces. The area is characterized by its newer construction homes and well-planned streetscapes.
Lifestyle & Amenities
Residents enjoy a quiet, suburban lifestyle with access to local parks and recreational areas. The neighborhood is conveniently located near shopping centers and essential services along Caton Farm Road and nearby Route 59. This provides a balance of peaceful living with everyday necessities close at hand.
Real Estate Market
The real estate market in Lakewood on Caton Farm features primarily single-family homes. According to recent data, the median home value is $262,200, with a current price per square foot around $343. The market caters to homebuyers seeking modern construction in a growing suburban area.
Schools & Education
The neighborhood is served by Joliet Public School District 86 and Joliet Township High School District 204. Families have access to a variety of public schools in the area. For specific ratings and program details, prospective residents should consult the latest district reports and school guides.
Transportation & Connectivity
Lakewood on Caton Farm provides excellent connectivity via major roads like Caton Farm Road and Interstate 55, which is easily accessible. This allows for straightforward commutes to employment centers in Joliet, Naperville, and the broader Chicago region. Public transportation options are available through the Pace suburban bus service.
Why Choose Lakewood on Caton Farm
Homebuyers choose this neighborhood for its modern housing, strong community feel, and convenient location. With a median household income of $109,136, it appeals to families and professionals seeking value and quality in the southwest Joliet suburbs. It represents a balanced choice for those wanting newer homes without being far from urban amenities.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Lakewood on Caton Farm Market Data
| Metric | Value |
|---|---|
| Median Home Price | $262K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $109K |
| Homeownership Rate | 90.0% |
| Renter-Occupied | 10.0% |
| Rental Vacancy Rate | 11.4% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60431 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Lakewood on Caton Farm, Joliet
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lakewood on Caton Farm, Joliet, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12