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 21 single family homes for sale with an average list price of $282,585.62, 1 condo for sale with a list price of $112,000, and 8 lots for sale with an average list price of $6,000. The average annual property tax for Lyons is $4,090.18.
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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 August decreased in volume by 33.3% when compared to last year, while the median sale price decreased by 35.8% from $265,000 to $170,000. House sales decreased by 66.7%, while the median sale price decreased by 6.2% from $287,500 to $269,750. Condo sales rose by 33.3%, while the median sale price decreased by 13.5% from $159,000 to $137,500.
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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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