Gages Lake, IL
Housing market overview · Updated weekly
$331,000median sale price
Homes sold
12
Last 12 weeks
Days on market
66
Average pace
Active listings
16
1.3 months supply
Sale-to-list
99.1%
Below asking
The Gages Lake housing market is currently classified as a seller's market with a median sale price of $331,000. Prices have risen 18.4% compared to last year, with homes spending an average of 66 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Gages Lake
There are currently 16 homes listed for sale in Gages Lake, Illinois. The median listing price is $382K.
Active listings
16
Homes on market
Median list price
$382K
Avg. days on market
66
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in Gages Lake?
The median home sale price in Gages Lake is $331,000, up 18.4% from last year.
How long do homes stay on market in Gages Lake?
Homes typically spend 66 days on market before going under contract.
Is Gages Lake a buyer's or seller's market?
With 1.3 months of supply, Gages Lake is currently a seller's market.
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