Lyons, IL, Real Estate
Lyons, Illinois, is a charming village located in Cook County, just 12 miles southwest of downtown Chicago. Nestled along the Des Plaines River, Lyons offers a blend of small-town warmth and urban accessibility, with a rich history tied to its early industrial roots and the iconic Chicago Portage. The village boasts a tight-knit community, diverse dining options, and scenic parks like Smith Park, making it an inviting spot for families and visitors. Its proximity to major highways and public transit, combined with a vibrant local culture, gives Lyons a unique appeal as a suburban gem with easy access to the bustling city.
Lyons currently has 24 single family homes for sale with an average list price of $310,520.83, 8 condos for sale with an average list price of $158,062.38, and 8 lots for sale with an average list price of $6,000. The average annual property tax for Lyons is $4,108.99.
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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 Lyons, i.e. what's hot and what's not.
See What's Hot & What's Not in Lyons
Market Trends
Lyons home sales for the month of June stayed the same in volume when compared to last year, while the median sale price decreased by 11.7% from $300,000 to $265,000. House sales stayed the same, while the median sale price decreased by 19.4% from $347,500 to $280,000. Condo sales stayed the same, while the median sale price rose by 54.8% from $168,000 to $260,000.
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119
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105
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90
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70
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$230,000
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$248,000
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$239,450
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$267,500
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Lyons
Number of Sales for Lyons
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