Burr Oak Estates, Lakewood, IL
Burr Oak Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Burr Oak Estates, Lakewood, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Burr Oak Estates Neighborhood Overview
Burr Oak Estates is a residential neighborhood located in the village of Lakewood, Illinois. It offers residents a quiet, suburban atmosphere within the broader Lakewood community. The area is characterized by its family-friendly environment and proximity to natural spaces.
Lifestyle & Amenities
Residents enjoy a relaxed lifestyle with access to local parks and community spaces. The neighborhood's setting provides a balance of residential privacy and convenient access to nearby amenities in Lakewood. Outdoor recreation is a key part of life in this area.
Real Estate Market
The real estate in Burr Oak Estates primarily consists of single-family homes. According to U.S. Census data, the median home value in the area is $233,100. This represents a stable housing market for the region.
Schools & Education
Families in Burr Oak Estates are served by the local Lakewood school districts. These public schools provide educational services for students in the community. The specific schools and their ratings can be verified through the local district office.
Transportation & Connectivity
The neighborhood is accessible via local roads and is conveniently located near major routes for regional travel. Residents primarily rely on personal vehicles for daily commuting and errands. Its location offers straightforward connectivity to surrounding towns and services.
Why Choose Burr Oak Estates
Burr Oak Estates is an ideal choice for those seeking affordable suburban living in Central Illinois. With a median household income of $48,500 and a corresponding median home value, it offers a balanced cost of living. It provides a peaceful residential setting within a supportive community.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Burr Oak Estates Market Data
| Metric | Value |
|---|---|
| Median Home Price | $233K |
| Median Household Income | $49K |
| Homeownership Rate | 90.6% |
| Renter-Occupied | 9.4% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 62438 |
| 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 Burr Oak Estates, Lakewood
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Burr Oak Estates, Lakewood, IL. Explore the available cited neighborhood data on this page.
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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