Lorenzo, IL Housing Market

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Trends
Demand
Migration
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Climate

Lorenzo Housing Market Trends

What is the housing market like in Lorenzo today?

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Sale Price

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Sale $/Sq. Ft.

Over List Price

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Days on Market

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Down Payment

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Total Homes Sold

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To compare other locations to the Lorenzo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Lorenzo's housing costs are 20% lower than the national average. Overall cost of living in Lorenzo is 6% lower than the national average. Learn which home features in Lorenzo add value to a home.

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Lorenzo Migration & Relocation Trends

In Dec '24 - Feb '25, 16% of Lorenzo homebuyers searched to move out of Lorenzo, while 84% looked to stay within the metropolitan area.

Where are people moving to Lorenzo from?

Across the nation, 3% of homebuyers searched to move into Lorenzo from outside metros.
Peoria homebuyers searched to move into Lorenzo more than any other metro followed by New York and Springfield.

Where are people from Lorenzo moving to?

84% of Lorenzo homebuyers searched to stay within the Lorenzo metropolitan area.
Cape Coral was the most popular destination among Lorenzo homebuyers followed by Phoenix and Sarasota.

Number of People Moving to Lorenzo

least

most

People are moving to Lorenzo from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Peoria, IL	1,018
2	New York, NY	825
3	Springfield, IL	682
4	St. Louis, MO	638
5	San Francisco, CA	604
6	Rockford, IL	340
7	Washington, DC	301
8	Seattle, WA	292
9	Decatur, IL	282
10	Indianapolis, IN	273

People are leaving Lorenzo for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Cape Coral, FL	2,000
2	Phoenix, AZ	1,179
3	Sarasota, FL	1,104
4	Miami, FL	999
5	Tucson, AZ	910
6	Tampa, FL	882
7	Milwaukee, WI	882
8	Orlando, FL	865
9	Grand Rapids, MI	838
10	Nashville, TN	715

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.

Schools in Lorenzo

Learn about schools in the Lorenzo 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 Lorenzo housing

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

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 Lorenzo

Nearby City Housing Markets

Zip Code Housing Markets

60481 Housing Market

Nearby City Listings

Zip Code Listings

60481 Real Estate

Rentals

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