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Featured local agent — Lena, IL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lena, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lena, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lena, IL Housing Market & Real Estate

Strong seller's market+41.2% YoY

Housing market overview · Updated monthly ·

$289,500median sale price

How is the Lena, IL housing market right now?

The median home sale price in Lena, IL is $289,500, up 41.2% year-over-year. Homes sell in an average of 29 days with 3 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 Lena a buyer's or seller's market?

Strong seller's market1.5 months of supply29 avg. days on market

Lena, IL is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 29 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

29

Average pace

Active listings

3

1.5 months supply

Sale-to-list

102.0%

Above asking

What does the Lena housing market data show?

Current housing market statistics for Lena, IL
MetricValue
Median sale price$289,500
Median list price$132,450
Year-over-year price change+41.2%
Average days on market29 days
Active inventory3 listings
Months of supply1.5 months
Sale-to-list price ratio102.0%
Median price per sq ft$122/sq ft
Homes sold (latest month)2
New listings (latest month)4
Listings with a price cut33.3%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Lena by property type?

How the Lena, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lena, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$289,500$122/sq ft229 days
Condo / Co-op$238,000$78/sq ft118 days
Townhouse$260,000$83/sq ft17 days

Source: Redfin · Updated monthly

The Lena housing market is currently classified as a strong seller's market with a median sale price of $289,500. Prices have risen 41.2% compared to last year, with homes spending an average of 29 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.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.

Homes for sale in Lena

There are currently 3 homes listed for sale in Lena, Illinois. The median listing price is $132K.

Active listings

3

Homes on market

Median list price

$132K

Avg. days on market

29

Days until sale

New this week

4

Newly listed

Price drops:33.3%of listings
Sale-to-list:102.0%

Who lives in Lena?

Population

2,778

Median income

$76,076/yr

Median age

43.8 years

Owner-occupied

80.7%

College grads

27.7%

Avg commute

28 min

Source: U.S. Census Bureau ACS

What are homes worth in Lena?

Zillow home value

$215,355

Price-to-income

2.8x

Source: Zillow Research

What is it like to live in Lena?

Lena is a community of approximately 3K residents with a median age of 43.8 years.The median household income is $76,076, which reflects a relatively affluent area with strong earning potential. 27.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 80.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 28 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lena offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lena?

3 schools tracked · 834 students

The largest public schools serving Lena, 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.

Lena-Winslow Elem School

Grades PK-5 · 424 students

Public

Lena-Winslow High School

Grades 9-12 · 241 students

Public

Lena-Winslow Jr High School

Grades 6-8 · 169 students

Public

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 Lena, IL?

Want a head-to-head view? Compare Lena side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lena?

The median home sale price in Lena is $289,500, up 41.2% from last year.

How long do homes stay on market in Lena?

Homes typically spend 29 days on market before going under contract.

What is the median income in Lena?

The median household income is $76,076 per year.

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

With 1.5 months of supply, Lena is currently a strong seller's market.

What is the Zillow home value estimate for Lena?

The Zillow Home Value Index (ZHVI) for Lena is $215,355, representing the typical home value in the area.

What is the median condo price in Lena?

The median condo/co-op sale price in Lena, IL is $238,000, compared to $289,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lena?

The median single-family home price in Lena, IL is $289,500 (about $122 per square foot).

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