Lynwood, IL, Real Estate
Lynwood, Illinois, is a small village in Cook County, located about 30 miles south of downtown Chicago. With a population of around 9,000, it offers a quiet, suburban feel while maintaining close proximity to the urban amenities of the Chicago metropolitan area. Known for its diverse community and family-friendly environment, Lynwood features well-maintained parks, local businesses, and a growing economy. The village is part of the Bloom Township High School District and has easy access to major highways like I-94, making it a convenient location for commuters. Its blend of small-town charm and accessibility to big-city opportunities makes Lynwood an appealing place to live.
Lynwood currently has 35 single family homes for sale with an average list price of $369,214.06, 10 condos for sale with an average list price of $182,680, and 21 lots for sale with an average list price of $84,666.67. The average annual property tax for Lynwood is $4,292.79.
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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 Lynwood, i.e. what's hot and what's not.
See What's Hot & What's Not in Lynwood
Market Trends
Lynwood home sales for the month of April decreased in volume by 66.7% when compared to last year, while the median sale price decreased by 46% from $285,000 to $154,000. House sales decreased by 66.7%, while the median sale price decreased by 37.7% from $354,750 to $221,000. Condo sales decreased by 50%, while the median sale price rose by 19.8% from $128,500 to $154,000.
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122
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107
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86
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80
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$275,000
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$320,000
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$305,000
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$265,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for Lynwood
Number of Sales for Lynwood
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