Housing Prices in Lily Lake, IL

How much do homes in Lily Lake, IL cost?

Median List Price

$547,499

$182/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$22,200(-3.9%)

Key Takeaway

The list price of homes in Lily Lake has decreased by 3.9% since last year.

Summary: The median home list price in Lily Lake was $547,499 in October 2024, down 3.9% from the previous year, and the median price per square foot was $182.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$210K
N/A
3 $459K$376.9K
-17.9%
4 $549.9K$557K
+1.3%
5+ $619.7K$652.4K
+5.3%

Summary: Lily Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 5.3%.

Median List Price Compared To Nearby Cities

Campton Township
+10.7%
Maple Park
+1.3%
Lily Lake
-3.9%
Virgil Township
-30.8%

Housing Supply in Lily Lake, IL

How many homes are available in Lily Lake, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69+50.0%

Summary: The Lily Lake real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 24
+100.0%
5+ 23
+50.0%

Summary: The Lily Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Days on Market for Lily Lake, IL

How long does it take to sell a home in Lily Lake, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
188 Days32 Days-82.6%

Summary: Homes in Lily Lake had an average listing age of 32 days in Oct 2024, down by 82.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Lily Lake, IL

Nearby Markets to Lily Lake, IL

What housing markets are near Lily Lake, IL?