Lakemoor, IL

Buyer's market+43.5% YoY

Housing market overview · Updated weekly

$495,000median sale price

Homes sold

1

Last 12 weeks

Days on market

161

Average pace

Active listings

12

12.0 months supply

Sale-to-list

101.0%

Above asking

The Lakemoor housing market is currently classified as a buyer's market with a median sale price of $495,000. Prices have risen 43.5% compared to last year, with homes spending an average of 161 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lakemoor

There are currently 12 homes listed for sale in Lakemoor, Illinois. The median listing price is $320K.

Active listings

12

Homes on market

Median list price

$320K

Avg. days on market

161

Days until sale

New this week

5

Newly listed

Price drops:8.3%of listings
Sale-to-list:101.0%

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Frequently asked questions

What is the average home price in Lakemoor?

The median home sale price in Lakemoor is $495,000, up 43.5% from last year.

How long do homes stay on market in Lakemoor?

Homes typically spend 161 days on market before going under contract.

Is Lakemoor a buyer's or seller's market?

With 12.0 months of supply, Lakemoor is currently a buyer's market.

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