Is Lake Holiday a buyer's or seller's market right now?

Lake Holiday is currently a seller's market with 2.8 months of supply. 40% of homes sell above asking price, and 42.9% go pending within two weeks. The Ridley Sell Score for Lake Holiday is 72/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Lake Holiday?

The median home price in Lake Holiday is $420,000, up 22.6% year-over-year. The median price per square foot is $197. Homes sell in a median of 36 days with a sale-to-list ratio of 100.6%.

How much does it cost to sell a home in Lake Holiday, Illinois?

On a $420,000 home in Lake Holiday, a traditional listing agent charges around $12,600 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $33,600 or more. With Ridley Essentials ($999) you save $11,601, and with Ridley Pro ($3,499) you save $9,101 while getting full agent support.

How does Ridley's flat fee compare to a traditional Lake Holiday agent?

A traditional Lake Holiday listing agent typically charges 3% of the sale price — about $12,600 on a $420,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $11,601–$9,101 compared to a traditional agent.

How long does it take to sell a home in Lake Holiday?

The median home in Lake Holiday currently spends 36 days on the market before going under contract, down 7% from last year. 42.9% of homes go pending within two weeks. At a 100.6% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $420,000 home, that could save you up to $9,101.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $12,600 commission.

National/Illinois

Lake Holiday, IL

Is Now a Good Time to Sell in Lake Holiday, Illinois?

The median home in Lake Holiday sells for $420,000 with prices up 22.6% year-over-year. The average seller pays $12,600 in commissions — Ridley’s flat fee saves you $9,101.

Lake Holiday Real Estate Market Conditions — April 2026

72out of 100

Ridley Sell Score

How it's scored →

Strong

72/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Lake Holiday favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

2.8 months of supply — below the 5-month balanced threshold — 22% above the Illinois average of 2.3.

Price MomentumFavors sellers

Prices up 22.6% year-over-year — vs. +11.7% statewide.

Seller LeverageFavors sellers

Homes selling at 100.6% of asking — sellers are getting 0.6% above list on average. Illinois average is 96.8%.

Bidding ActivityFavors sellers

40% of homes selling above list price — 75% above the Illinois average of 22.8%.

Sale SpeedFavors sellers

36 median days on market — 39 days faster than the Illinois average.

Market UrgencyFavors sellers

42.9% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$420,000

+22.6%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-7%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$197

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.8

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

40%

Moderate demand

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

42.9%

Moderate pace

12-Month Price Trend

$400,000 → $420,000

▲5.0%

$450K$400K$350K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Lake Holiday — delivered monthly.

Your savings

How much can you save selling your home in Lake Holiday?

The average Lake Holiday homeowner saves $9,101 by selling with Ridley instead of paying the traditional 3% listing commission on a $420,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.2% of your home value

Your Lake Holiday home value

$420,000

$50,000$10M

Traditional Agent (3%)

$12,600

Ridley Pro (flat fee)

$3,499

Ready to sell in Lake Holiday?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Lake Holiday?

The total cost to sell a house in Lake Holiday in 2026 ranges from $999 with Ridley Essentials to approximately $12,600 with a traditional 3% commission on a $420,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$12,600	$3,499	$999	$0
Buyer agent	$11,7602.8% avg	$8,400~2% avg	$8,400~2% avg	$11,7602.8% avg
Closing costs (~1.5%)	$6,300	$6,300	$6,300	$6,300
Total cost	$30,660	$18,199	$15,699	$18,060
Net proceeds	$389,340	$401,801	$404,301	$401,940
You save	—	$12,461	$14,961	$12,600No support