Housing in Lerna, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$205,000

Median List Price

N/A

Price Per Sq Ft

$84

Days on Market

84

Active Inventory

1

Months of Supply

1.0

Seller's market

Zillow Home Value

$181,286

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 111.3%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%Pending 0.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$84

Sale $/SF 23.5%Mar 24Dec 25

Lerna vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lerna 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

$80,800

Median Rent

$800

Total Housing Units

127

Vacancy Rate

28.4%

Owner Occupied

71.4%

Renter Occupied

28.6%

Median Property Tax

$1,018

per year

Monthly Cost (w/ Mortgage)

$715

Housing Types

Single Family
82.7%
Multi-Family
1.6%
Mobile Home
15.8%

The current median sale price in Lerna, IL is $205,000 according to Redfin data. Homes spend a median of 84 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $84. The median rent is $800 per month (Census ACS). About 71.4% of housing units are owner-occupied. The median year homes were built is 1961. There are 127 total housing units.