Lake of the Woods, IL

Balanced market+28.7% YoY

Housing market overview · Updated weekly

$218,750median sale price

Homes sold

2

Last 12 weeks

Days on market

72

Average pace

Active listings

3

1.5 months supply

Sale-to-list

94.4%

Below asking

The Lake of the Woods housing market is currently classified as a balanced market with a median sale price of $218,750. Prices have risen 28.7% compared to last year, with homes spending an average of 72 days on market, indicating 1.5 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 Lake of the Woods

There are currently 3 homes listed for sale in Lake of the Woods, Illinois.

Active listings

3

Homes on market

Avg. days on market

72

Days until sale

Price drops:33.3%of listings
Sale-to-list:94.4%

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Frequently asked questions

What is the average home price in Lake of the Woods?

The median home sale price in Lake of the Woods is $218,750, up 28.7% from last year.

How long do homes stay on market in Lake of the Woods?

Homes typically spend 72 days on market before going under contract.

Is Lake of the Woods a buyer's or seller's market?

With 1.5 months of supply, Lake of the Woods is currently a balanced market.

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