Lyons, IL Home Values & Market Trends

Real estate market trends reflect that there have been 133 transactions over the past year in Lyons. The median value for residential home transactions that occurred over the previous year is $232,865.19. The number of current listings in Lyons is 3, and the percentage of properties for sale in the city is 3.00%. Lyons, IL currently has 29 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 3 properties for sale.

Lyons, IL Real Estate Market Overview

ZipMedian Est. Value
60534

$ 222,183

$ 231/sqft

Housing Market Summary for Lyons, IL

Apr 2023March 2024Change
Median Listing Price$305K$217.4K-28.73%
Median Sold Price$246.3K$217.4K-11.74%
Homes For Sale3566.67%
Homes Sold577633.33%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lyons, IL

Lyons home values range from $39,611 to $873,100. The median estimated value of a home in Lyons is $232,865.19. The median list price of a home is 295,000, and the total count of properties in the city is 2,860.

Foreclosure
There is 1 zips within Lyons, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $565,225 in 60534 to the lowest value of $192,729 in 60534. Foreclosure homes account for 1.00% of properties in Lyons, IL with 60534 containing 29 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.87% of all residential properties in Lyons, IL with 60534 containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lyons, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $565,225 in 60534 to the lowest home value of $202,474 in 60534.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lyons, IL ranges from the highest value of $192,729 in 60534 to the lowest value of $192,729 in 60534. Bank owned homes and properties account for 0.03% of properties in Lyons, IL. There is 1 zips within Lyons, IL; 60534 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60534 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lyons, IL. Auction homes and other auction properties account for 0.10% of all properties in Lyons, IL. There is 1 zips within Lyons, IL; of that zips, the median estimated home value for homes going to auction ranges from $348,092 in 60534 to the lowest value of $196,636 in 60534.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Lyons, IL with 60534 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lyons, IL; homes for sale in that zips, have a range of median values from $295,000 in 60534 to the lowest value of $206,731 in 60534.
    Sold Homes
    The median value for recently sold homes ranges from $521,387 in 60534 to the lowest price of $84,701 in 60534. There is 1 zips within Lyons, IL. 60534 has 71 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.48% of properties in Lyons, IL.

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      Guide for Lyons, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Recently Listed Homes Lyons, IL

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