Lena, IL, is a charming small town in Stephenson County, nestled in the rolling hills of northwestern Illinois, with a population of around 2,800. Known for its strong community spirit and rich agricultural heritage, Lena offers a peaceful, rural lifestyle with a vibrant local culture. The town hosts the annual Lena Lions Fall Festival and is home to attractions like the Lena Brewing Company, which draws visitors for its craft beers and scenic views. With its historic downtown, friendly residents, and proximity to outdoor recreation at places like Lake Le-Aqua-Na State Park, Lena embodies the quintessential Midwestern charm, making it a hidden gem for those seeking a tight-knit community.
Lena currently has 3 single family homes for sale with an average list price of $497,966.67, 2 condos for sale with an average list price of $184,900, and 3 lots for sale with an average list price of $790,800. The average annual property tax for Lena is $3,209.72.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lena, i.e. what's hot and what's not.
See What's Hot & What's Not in LenaLena home sales for the month of July decreased in volume by 50% when compared to last year, while the median sale price rose by 0.1% from $177,450 to $177,625. House sales decreased by 50%, while the median sale price rose by 0.1% from $177,450 to $177,625.
12
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14
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9
|
11
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$146,000
|
$164,000
|
$113,000
|
$165,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |