Brokers — List your Company Here
Featured local agent — Lily Lake, IL
Sarah Mitchell
Compass Real Estate · Lily Lake, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lily Lake, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$584,000median sale price
How is the Lily Lake, IL housing market right now?
The median home sale price in Lily Lake, IL is $584,000, up 60.0% year-over-year. Homes sell in an average of 101 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lily Lake a buyer's or seller's market?
Lily Lake, IL is currently a leaning buyer's and homes selling in about 101 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
101
Average pace
Active listings
—
Sale-to-list
98.2%
Below asking
What does the Lily Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $584,000 |
| Year-over-year price change | +60.0% |
| Average days on market | 101 days |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $227/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lily Lake by property type?
How the Lily Lake, 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 | $584,000 | $227/sq ft | 1 | 101 days |
Source: Redfin · Updated monthly
The Lily Lake housing market is currently classified as a leaning buyer's with a median sale price of $584,000. Prices have risen 60.0% compared to last year, with homes spending an average of 101 days on market.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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Lily Lake
Explore homes currently listed for sale in Lily Lake, Illinois across major real estate platforms.
Who lives in Lily Lake?
Population
1,432
Median income
$145,192/yr
Median age
44.2 years
Owner-occupied
98.5%
College grads
38.5%
Avg commute
31.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lily Lake?
Zillow home value
$583,046
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Lily Lake?
Lily Lake is a community of approximately 1K residents with a median age of 44.2 years.The median household income is $145,192, which reflects a relatively affluent area with strong earning potential. 38.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lily Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lily Lake, IL?
Want a head-to-head view? Compare Lily Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lily Lake?
The median home sale price in Lily Lake is $584,000, up 60.0% from last year.
How long do homes stay on market in Lily Lake?
Homes typically spend 101 days on market before going under contract.
What is the median income in Lily Lake?
The median household income is $145,192 per year.
What is the Zillow home value estimate for Lily Lake?
The Zillow Home Value Index (ZHVI) for Lily Lake is $583,046, representing the typical home value in the area.
How much does a single-family home cost in Lily Lake?
The median single-family home price in Lily Lake, IL is $584,000 (about $227 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lily Lake, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lily Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.