Lacon, IL Housing Market

Homes for sale

The Lacon housing market is somewhat competitive. The median sale price of a home in Lacon was $165K last month, up 120.0% since last year.

Trends
Demand
Migration
Schools
Climate

Lacon Housing Market Trends

What is the housing market like in Lacon today?

In November 2024, Lacon home prices were up 120.0% compared to last year, selling for a median price of $165K.

$70.55K

Sale Price

$47

Sale $/Sq. Ft.

Under List Price

6.7%

Days on Market

19.5

Down Payment

—

Total Homes Sold

To compare other locations to the Lacon and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lacon add value to a home.

How hot is the Lacon housing market?

Lacon is somewhat competitive. Homes sell in 19.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 20 days.
Hot homes
can sell for about 1% below list price and go pending in around 6 days.

Compare With Nearby Cities

Peoria

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 8 days.

Dunlap

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 10 days.
Hot homes
can sell for about 4% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Lacon Migration & Relocation Trends

In Dec '24 - Feb '25, 82% of Lacon homebuyers searched to move out of Lacon, while 18% looked to stay within the metropolitan area.

Where are people moving to Lacon from?

Across the nation, 0.08% of homebuyers searched to move into Lacon from outside metros.
Seattle homebuyers searched to move into Lacon more than any other metro followed by Los Angeles and San Francisco.

Where are people from Lacon moving to?

18% of Lacon homebuyers searched to stay within the Lacon metropolitan area.
Chicago was the most popular destination among Lacon homebuyers followed by St. Louis and Sarasota.

Number of People Moving to Lacon

least

most

People are moving to Lacon from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Seattle, WA	30
2	Los Angeles, CA	17
3	San Francisco, CA	15
4	Washington, DC	10
5	Dallas, TX	8
6	Las Vegas, NV	7
7	Macomb, IL	7
8	Champaign, IL	6
9	Virginia Beach, VA	5
10	Portland, OR	5

People are leaving Lacon for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Chicago, IL	1,018
2	St. Louis, MO	75
3	Sarasota, FL	20
4	Cape Coral, FL	19
5	South Bend, IN	15
6	Minneapolis, MN	14
7	Houston, TX	12
8	Bloomington, IL	10
9	Cleveland, OH	9
10	Phoenix, AZ	7

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Lacon that sold recently

Recently sold homes

SOLD MAR 4, 2025
$179,000 Last Sold Price
3 beds
2 baths
2,543 sq ft
302 City St, Lacon, IL 61540
List Price
$179,000
Sale to List
0% over list
Days on Market
89 days
302 City St, Lacon, IL 61540
SOLD FEB 26, 2025
$86,200 Last Sold Price
2 beds
1.5 baths
2,112 sq ft
313 N High St, Lacon, IL 61540
List Price
$90,000
Sale to List
4% under list
Days on Market
65 days
313 N High St, Lacon, IL 61540
SOLD FEB 5, 2025
$54,900 Last Sold Price
2 beds
1 bath
988 sq ft
602 S Main St, Lacon, IL 61546
List Price
$54,900
Sale to List
0% over list
Days on Market
41 days
602 S Main St, Lacon, IL 61546
SOLD JAN 15, 2025
$1,100,000 Last Sold Price
33 beds
33 baths
—sq ft
900 Washington St, Lacon, IL 61540
List Price
$1,150,000
Sale to List
4% under list
Days on Market
1 day
900 Washington St, Lacon, IL 61540
SOLD DEC 12, 2024
$146,000 Last Sold Price
2 beds
1 bath
1,395 sq ft
1020 3rd St, Lacon, IL 61540
List Price
$149,900
Sale to List
3% under list
Days on Market
78 days
1020 3rd St, Lacon, IL 61540
SOLD DEC 11, 2024
$173,000 Last Sold Price
3 beds
3.5 baths
2,050 sq ft
523 Eagle Dr #0, Lacon, IL 61540
List Price
$181,900
Sale to List
5% under list
Days on Market
161 days
523 Eagle Dr #0, Lacon, IL 61540
SOLD DEC 2, 2024
$230,000 Last Sold Price
4 beds
3.5 baths
2,374 sq ft
1015 Lawndale Ave, Lacon, IL 61540
List Price
$250,000
Sale to List
8% under list
Days on Market
140 days
1015 Lawndale Ave, Lacon, IL 61540
SOLD NOV 25, 2024
$372,000 Last Sold Price
3 beds
3.5 baths
3,082 sq ft
1263 Hickory Grove Rd, Lacon, IL 61540
List Price
$375,000
Sale to List
1% under list
Days on Market
70 days
1263 Hickory Grove Rd, Lacon, IL 61540
See all recently sold homes in Lacon.
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Schools in Lacon

Learn about schools in the Lacon area

Elementary
Middle
High

GreatSchools Rating

3/10

Midland Elementary School

Public • PreK-4

284

Students

2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Lacon housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lacon.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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