Housing in Lily Lake, IL

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

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$399,000

Median List Price

N/A

Price Per Sq Ft

$175

Days on Market

Active Inventory

N/A

Zillow Home Value

$538,774

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 5.8%List Price ↑ 63.1%Mar 24 → Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↑ 0.0%Pending ↑ 0.0%Mar 24 → Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$175

Sale $/SF ↑ 21.5%List $/SF ↑ 2.2%Mar 24 → Oct 25

Lily Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lily Lake is highlighted.

Median Home Value

82nd%ilemost expensive$379,300show rank

Median Rent

80th%ilemost expensive rent$1,438show rank

Median Price Per Sq Ft

51st%ilemost expensive $/sqft$175show rank

Rent Burden

8th%ilehighest rent burden11.9%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$379,300

Median Rent

$1,438

Total Housing Units

454

Vacancy Rate

0.0%

Owner Occupied

98.5%

Renter Occupied

1.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,241

Housing Types

Single Family

98.5%

Multi-Family

1.5%

Mobile Home

0.0%

The current median sale price in Lily Lake, IL is $399,000 according to Redfin data. Homes spend a median of 41 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $175. The median rent is $1,438 per month (Census ACS). About 98.5% of housing units are owner-occupied. The median year homes were built is 1991. There are 454 total housing units.