Housing in Lake of the Woods, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$200,750
Median List Price
N/A
Price Per Sq Ft
$144
Days on Market
38
Active Inventory
6
Months of Supply
3.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
95.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$144
Lake of the Woods vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake of the Woods is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$194,300
Median Rent
$1,201
Total Housing Units
763
Vacancy Rate
0.0%
Owner Occupied
82.6%
Renter Occupied
17.4%
Median Property Tax
$4,031
per year
Monthly Cost (w/ Mortgage)
$1,028
Housing Types
The current median sale price in Lake of the Woods, IL is $200,750 according to Redfin data. Homes spend a median of 38 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $144. The median rent is $1,201 per month (Census ACS). About 82.6% of housing units are owner-occupied. The median year homes were built is 1993. There are 763 total housing units.