Tower Lakes, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Tower Lakes, IL is $355,000, down 46.8% year-over-year. Homes sell in an average of 137 days with 1 active listings. The market is currently a seller's market.
$355,000median sale price
Homes sold
1
Last 12 weeks
Days on market
137
Average pace
Active listings
1
1.0 months supply
Sale-to-list
102.9%
Above asking
Tower Lakes, IL market data
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Year-over-year price change | -46.8% |
| Average days on market | 137 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.9% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Tower Lakes housing market is currently classified as a seller's market with a median sale price of $355,000. Prices have fallen 46.8% compared to last year, with homes spending an average of 137 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Tower Lakes
There are currently 1 homes listed for sale in Tower Lakes, Illinois.
Active listings
1
Homes on market
Avg. days on market
137
Days until sale
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Frequently asked questions
What is the average home price in Tower Lakes?
The median home sale price in Tower Lakes is $355,000, down 46.8% from last year.
How long do homes stay on market in Tower Lakes?
Homes typically spend 137 days on market before going under contract.
Is Tower Lakes a buyer's or seller's market?
With 1.0 months of supply, Tower Lakes is currently a seller's market.
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