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Featured local agent — Lily Lake, WI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lily Lake, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lily Lake, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lily Lake, WI Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$420,000median sale price

How is the Lily Lake, WI housing market right now?

The median home sale price in Lily Lake, WI is $420,000. Homes sell in an average of 6 days. The market is currently a 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 Lily Lake a buyer's or seller's market?

Seller's market6 avg. days on market

Lily Lake, WI is currently a seller's market and homes selling in about 6 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

6

Fast-moving

Active listings

Sale-to-list

105.0%

Above asking

What does the Lily Lake housing market data show?

Current housing market statistics for Lily Lake, WI
MetricValue
Median sale price$420,000
Average days on market6 days
Sale-to-list price ratio105.0%
Median price per sq ft$186/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Lily Lake by property type?

How the Lily Lake, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lily Lake, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$420,000$186/sq ft16 days

Source: Redfin · Updated monthly

The Lily Lake housing market is currently classified as a seller's market with a median sale price of $420,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Lily Lake

Explore homes currently listed for sale in Lily Lake, Wisconsin across major real estate platforms.

Sale-to-list:105.0%

Who lives in Lily Lake?

Population

639

Median income

$78,558/yr

Median age

36.7 years

Owner-occupied

80.4%

College grads

27.7%

Avg commute

31.9 min

Source: U.S. Census Bureau ACS

What is it like to live in Lily Lake?

Lily Lake is a community of approximately 1K residents with a median age of 36.7 years.The median household income is $78,558, which reflects a relatively affluent area with strong earning potential. 27.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 80.4%, 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, WI?

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 $420,000, down 0.0% from last year.

How long do homes stay on market in Lily Lake?

Homes typically spend 6 days on market before going under contract.

What is the median income in Lily Lake?

The median household income is $78,558 per year.

How much does a single-family home cost in Lily Lake?

The median single-family home price in Lily Lake, WI is $420,000 (about $186 per square foot).

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