Long Lake, IL

Buyer's market+17.0% YoY

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

Price drops:33.3%of listings
Sale-to-list:97.5%

Explore nearby cities in IL

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.

Get Long Lake market alerts

Weekly updates on prices, inventory, and trends. Free forever.