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Featured local agent — Loves Park, IL
Sarah Mitchell
Compass Real Estate · Loves Park, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Loves Park, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,750median sale price
How is the Loves Park, IL housing market right now?
The median home sale price in Loves Park, IL is $190,750, up 5.7% year-over-year. Homes sell in an average of 9 days with 22 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 Loves Park a buyer's or seller's market?
Loves Park, IL is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
9
Fast-moving
Active listings
22
0.7 months supply
Sale-to-list
101.3%
Above asking
What does the Loves Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,750 |
| Median list price | $207,500 |
| Year-over-year price change | +5.7% |
| Average days on market | 9 days |
| Active inventory | 22 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 32 |
| Listings with a price cut | 18.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Loves Park by property type?
How the Loves Park, 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 | $216,000 | $160/sq ft | 17 | 16 days |
| Condo / Co-op | $175,500 | $141/sq ft | 12 | 6 days |
| Townhouse | $191,500 | $132/sq ft | 3 | 13 days |
Source: Redfin · Updated monthly
The Loves Park housing market is currently classified as a strong seller's market with a median sale price of $190,750. Prices have risen 5.7% compared to last year, with homes spending an average of 9 days on market, indicating 0.7 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 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Loves Park
There are currently 22 homes listed for sale in Loves Park, Illinois. The median listing price is $208K.
Active listings
22
Homes on market
Median list price
$208K
Avg. days on market
9
Days until sale
New this week
32
Newly listed
Who lives in Loves Park?
Population
23,185
Median income
$58,633/yr
Median age
36.8 years
Owner-occupied
62.4%
College grads
24.9%
Avg commute
22.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Loves Park?
Zillow home value
$201,202
Zillow rent index
$1,657/mo
Price-to-rent ratio
10.1x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Loves Park?
Loves Park is a community of approximately 23K residents with a median age of 36.8 years.The median household income is $58,633, which represents a working-class community with solid middle-income opportunities. 24.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.4%, showing a blend of owner and renter-occupied properties. The average commute time is 22.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Loves Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Loves Park?
6 schools tracked · 2,522 students
The largest public schools serving Loves Park, 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.
Harlem Middle School
Grades 7-8 · 951 students
Rock Cut Elem School
Grades 1-6 · 419 students
Maple Elem School
Grades 1-6 · 410 students
Windsor Elem School
Grades 1-6 · 373 students
Loves Park Elem School
Grades 1-6 · 369 students
Career Educ Assoc of N Central IL
Grades 9-12
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 Loves Park, IL?
Want a head-to-head view? Compare Loves Park side-by-side with any other U.S. city using our market-comparison tool.
Is Loves Park a good real estate investment market?
For investors evaluating Loves Park, the price-to-rent ratio of 10.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 5.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Loves Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Loves Park's median home price.
Frequently asked questions
What is the average home price in Loves Park?
The median home sale price in Loves Park is $190,750, up 5.7% from last year.
How long do homes stay on market in Loves Park?
Homes typically spend 9 days on market before going under contract.
What is the median income in Loves Park?
The median household income is $58,633 per year.
Is Loves Park a buyer's or seller's market?
With 0.7 months of supply, Loves Park is currently a strong seller's market.
What is the Zillow home value estimate for Loves Park?
The Zillow Home Value Index (ZHVI) for Loves Park is $201,202, representing the typical home value in the area.
What is the median condo price in Loves Park?
The median condo/co-op sale price in Loves Park, IL is $175,500, compared to $216,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Loves Park?
The median single-family home price in Loves Park, IL is $216,000 (about $160 per square foot).
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