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

Lily Lake is currently a seller's market with 0 months of supply. Homes are selling at 100% of list price. The Ridley Sell Score for Lily Lake is 55/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Lily Lake?

The median home price in Lily Lake is $399,000. The median price per square foot is $176. Homes sell in a median of 41 days with a sale-to-list ratio of 100%.

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

On a $399,000 home in Lily Lake, a traditional listing agent charges around $11,970 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $31,920 or more. With Ridley Essentials ($999) you save $10,971, and with Ridley Pro ($3,499) you save $8,471 while getting full agent support.

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

A traditional Lily Lake listing agent typically charges 3% of the sale price — about $11,970 on a $399,000 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 $10,971–$8,471 compared to a traditional agent.

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

The median home in Lily Lake currently spends 41 days on the market before going under contract. At a 100% 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 $399,000 home, that could save you up to $8,471.

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 $11,970 commission.

National/Illinois

Lily Lake, IL

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

The median home in Lily Lake sells for $399,000. The average seller pays $11,970 in commissions — Ridley’s flat fee saves you $8,471.

Lily Lake Real Estate Market Conditions — April 2026

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Lily Lake market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

0 months of supply — well below the 5-month balanced threshold — 100% below the Illinois average of 2.3.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +11.7% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Illinois average is 96.8%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Illinois average of 22.8%.

Sale SpeedFavors sellers

41 median days on market — 34 days faster than the Illinois average.

Market UrgencyFavors buyers

0% 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.

$399,000

Days on Market

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

Price per Sq Ft

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

$176

Sale-to-List Ratio

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

100%

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.

Seller’s market

Competitiveness

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

Somewhat Competitive

Data updated April 2026

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

Your savings

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

The average Lily Lake homeowner saves $8,471 by selling with Ridley instead of paying the traditional 3% listing commission on a $399,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.1% of your home value

Your Lily Lake home value

$399,000

$50,000$10M

Traditional Agent (3%)

$11,970

Ridley Pro (flat fee)

$3,499

Ready to sell in Lily Lake?

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 Lily Lake?

The total cost to sell a house in Lily Lake in 2026 ranges from $999 with Ridley Essentials to approximately $11,970 with a traditional 3% commission on a $399,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$11,970	$3,499	$999	$0
Buyer agent	$11,1722.8% avg	$7,980~2% avg	$7,980~2% avg	$11,1722.8% avg
Closing costs (~1.5%)	$5,985	$5,985	$5,985	$5,985
Total cost	$29,127	$17,464	$14,964	$17,157
Net proceeds	$369,873	$381,536	$384,036	$381,843
You save	—	$11,663	$14,163	$11,970No support