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Featured local agent — La Grange, IL
Sarah Mitchell
Compass Real Estate · La Grange, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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La Grange, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$614,950median sale price
How is the La Grange, IL housing market right now?
The median home sale price in La Grange, IL is $614,950, down 13.5% year-over-year. Homes sell in an average of 36 days with 45 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is La Grange a buyer's or seller's market?
La Grange, IL is currently a strong seller's market, based on 2.5 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
36
Average pace
Active listings
45
2.5 months supply
Sale-to-list
103.1%
Above asking
What does the La Grange housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $614,950 |
| Median list price | $614,950 |
| Year-over-year price change | -13.5% |
| Average days on market | 36 days |
| Active inventory | 45 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 103.1% |
| Median price per sq ft | $347/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 23 |
| Listings with a price cut | 11.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in La Grange by property type?
How the La Grange, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.02M | $412/sq ft | 12 | 33 days |
| Condo / Co-op | $234,900 | $235/sq ft | 5 | 63 days |
| Townhouse | $600,000 | $314/sq ft | 1 | 18 days |
Source: Redfin · Updated monthly
The La Grange housing market is currently classified as a strong seller's market with a median sale price of $614,950. Prices have fallen 13.5% compared to last year, with homes spending an average of 36 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in La Grange
There are currently 45 homes listed for sale in La Grange, Illinois. The median listing price is $615K.
Active listings
45
Homes on market
Median list price
$615K
Avg. days on market
36
Days until sale
New this week
23
Newly listed
Who lives in La Grange?
Population
15,999
Median income
$154,556/yr
Median age
41 years
Owner-occupied
80.5%
College grads
65.5%
Avg commute
30.3 min
Source: U.S. Census Bureau ACS
What are homes worth in La Grange?
Zillow home value
$663,023
Zillow rent index
$2,425/mo
Price-to-rent ratio
22.8x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in La Grange?
La Grange is a community of approximately 16K residents with a median age of 41 years.The median household income is $154,556, which reflects a relatively affluent area with strong earning potential. 65.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, La Grange offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve La Grange?
14 schools tracked · 6,083 students
The largest public schools serving La Grange, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lyons Twp High Sch
Grades 9-12 · 3,767 students
Ogden Ave Elem School
Grades K-6 · 580 students
Pleasantdale Elementary School
Grades PK-4 · 477 students
Cossitt Ave Elem School
Grades K-6 · 465 students
Spring Ave Elem School
Grades K-6 · 324 students
Wm F Gurrie Middle School
Grades 7-8 · 272 students
Seventh Ave Elem School
Grades K-6 · 198 students
Ladse Learning Center
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near La Grange, IL?
Want a head-to-head view? Compare La Grange side-by-side with any other U.S. city using our market-comparison tool.
Is La Grange a good real estate investment market?
For investors evaluating La Grange, the price-to-rent ratio of 22.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on La Grange's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using La Grange's median home price.
Frequently asked questions
What is the average home price in La Grange?
The median home sale price in La Grange is $614,950, down 13.5% from last year.
How long do homes stay on market in La Grange?
Homes typically spend 36 days on market before going under contract.
What is the median income in La Grange?
The median household income is $154,556 per year.
Is La Grange a buyer's or seller's market?
With 2.5 months of supply, La Grange is currently a strong seller's market.
What is the Zillow home value estimate for La Grange?
The Zillow Home Value Index (ZHVI) for La Grange is $663,023, representing the typical home value in the area.
What is the median condo price in La Grange?
The median condo/co-op sale price in La Grange, IL is $234,900, compared to $1.02M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in La Grange?
The median single-family home price in La Grange, IL is $1.02M (about $412 per square foot).
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