Housing Prices in Lanark, IL
How much do homes in Lanark, IL cost?
Median List Price
$439,900
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Lanark was $439,900 in April 2024, up 216.6% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.1M | N/A |
2 Bedrooms | - | $329.9K | N/A |
3 Bedrooms | $129.9K | $357.4K | +175.1% |
4 Bedrooms | - | $584.9K | N/A |
5+ Bedrooms | $369K | $654.5K | +77.4% |
Summary: Lanark housing prices by bedroom type for April 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 increased by 175.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 77.4%.
Median List Price Compared To Nearby Cities
Lanark | $138.9K | $439.9K | +216.6% |
Rock Creek-Lima Township | $134.9K | $194K | +43.8% |
Housing Supply in Lanark, IL
How many homes are available in Lanark, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Summary: The Lanark real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lanark housing inventory by bedroom type for April 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 remained the same.
Days on Market for Lanark, IL
How long does it take to sell a home in Lanark, IL?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 89 Days | -8.1% |
Summary: Homes in Lanark had an average listing age of 89 days in Apr 2024, down by 8.1% compared to the previous year.