Lanark, IL Real Estate Market Summary – September 7, 2026
In the Lanark, IL real estate market, four homes were sold in the last 30 days, indicating a pace of 1 every 7.50 days. The average living area of these homes is approximately 2,936 square feet, with an average sale price of $410,783.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 2936 |
| Median Sales Price | $361,500 |
| Average Sales Price | $410,783 |
| Average Price Per SQFT | $140 |
| Average Days on Market | 18 |
| Average Year Built | 1964 |
Lanark, IL Single Family Home Analysis
The single-family segment matched the overall market with four homes sold, maintaining the same pace of 1 every 7.50 days. The average sale price in this segment was also $410,783, and the homes featured an average living area of 2,936 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 2936 |
| Median Sales Price | $361,500 |
| Average Sales Price | $410,783 |
| Average Price Per SQFT | $140 |
| Average Days on Market | 18 |
| Average Year Built | 1964 |
Lanark, IL Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Pace of 1 home every 7.50 days indicates steady activity.
- Average days on market for homes was 18 days.
- Homes have an average living area of about 2,936 square feet.
- Data for condo and townhome segment is not available.
Conclusion
Overall, the data shows consistent activity in the single-family segment of Lanark’s real estate market. With a steady pace and stable average prices, there appears to be solid engagement in the market.