Lake of the Woods, IL Housing Market

The Lake of the Woods housing market is somewhat competitive. The median sale price of a home in Lake of the Woods was $250K last month, down 2.9% since last year.

Trends
Demand
Migration
Schools
Climate

Lake of the Woods Housing Market Trends

What is the housing market like in Lake of the Woods today?

In March 2025, Lake of the Woods home prices were down 2.9% compared to last year, selling for a median price of $250K.

$161K

Sale Price

$155

Sale $/Sq. Ft.

Under List Price

0.1%

Days on Market

15.5

Down Payment

—

Total Homes Sold

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

How hot is the Lake of the Woods housing market?

Lake of the Woods is somewhat competitive. Homes sell in 15.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 4 days.

Compare With Nearby Cities

Champaign

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 39 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.

Urbana

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 17 days.

See more nearby cities and neighborhoods

Lake of the Woods Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Lake of the Woods that sold recently

Recently sold homes

SOLD MAY 16, 2025
$350,000 Last Sold Price
3 beds
2 baths
1,723 sq ft
2004 Rylan Rd, Mahomet, IL 61853
List Price
$365,000
Sale to List
4% under list
Days on Market
48 days
2004 Rylan Rd, Mahomet, IL 61853
SOLD MAY 13, 2025
$46,900 Last Sold Price
4 beds
2.5 baths
—sq ft
507 Richland St, Mahomet, IL 61853
List Price
$59,900
Sale to List
22% under list
Days on Market
90 days
507 Richland St, Mahomet, IL 61853
SOLD APR 24, 2025
$272,500 Last Sold Price
3 beds
2 baths
1,750 sq ft
402 N Ash Dr, Mahomet, IL 61853
List Price
$249,900
Sale to List
9% over list
Days on Market
62 days
402 N Ash Dr, Mahomet, IL 61853
SOLD APR 17, 2025
$48,500 Last Sold Price
2 beds
2 baths
—sq ft
608 Williamson St, Mahomet, IL 61853
List Price
$55,000
Sale to List
12% under list
Days on Market
50 days
608 Williamson St, Mahomet, IL 61853
SOLD APR 4, 2025
$370,000 Last Sold Price
4 beds
3.5 baths
1,560 sq ft
2003 Kinley Dr, Mahomet, IL 61853
List Price
$370,000
Sale to List
0% over list
Days on Market
64 days
2003 Kinley Dr, Mahomet, IL 61853
SOLD MAR 19, 2025
$420,000
—beds
—baths
—sq ft
1810 Lake Ridge Ct, Mahomet, IL 61853
List Price
—
Sale to List
—
Days on Market
—
1810 Lake Ridge Ct, Mahomet, IL 61853
SOLD MAR 17, 2025
$205,000 Last Sold Price
3 beds
2 baths
1,200 sq ft
2115 Pheasant Ridge Rd, Mahomet, IL 61853
List Price
$205,000
Sale to List
0% over list
Days on Market
38 days
2115 Pheasant Ridge Rd, Mahomet, IL 61853
SOLD MAR 14, 2025
$420,000 Last Sold Price
5 beds
3 baths
1,574 sq ft
1810 Lake Ridge Ct #1810, Mahomet, IL 61853
List Price
$429,900
Sale to List
2% under list
Days on Market
91 days
1810 Lake Ridge Ct #1810, Mahomet, IL 61853
See all recently sold homes in Lake of the Woods.
See listings

Schools in Lake of the Woods

Learn about schools in the Lake of the Woods area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Lake of the Woods housing

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

Flood Factor - Minor

4% of properties are at risk of severe flooding over the next 30 years

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

More real estate resources for Lake of the Woods

New Listings in Lake of the Woods

Nearby City Housing Markets

Zip Code Housing Markets

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