Long Lake, IL
Housing market overview · Updated weekly
$272,000median sale price
Homes sold
1
Last 12 weeks
Days on market
96
Average pace
Active listings
6
6.0 months supply
Sale-to-list
97.5%
Below asking
The Long Lake housing market is currently classified as a buyer's market with a median sale price of $272,000. Prices have risen 17.0% compared to last year, with homes spending an average of 96 days on market, indicating 6.0 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 Long Lake
There are currently 6 homes listed for sale in Long Lake, Illinois. The median listing price is $349K.
Active listings
6
Homes on market
Median list price
$349K
Avg. days on market
96
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Long Lake?
The median home sale price in Long Lake is $272,000, up 17.0% from last year.
How long do homes stay on market in Long Lake?
Homes typically spend 96 days on market before going under contract.
Is Long Lake a buyer's or seller's market?
With 6.0 months of supply, Long Lake is currently a buyer's market.
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