Home/Lanark/Market Report

Lanark Housing Market Report

August 2026 • Updated daily from MLS data

$515,133
Average Price
6
Active Listings
142
Avg Days on Market
$191
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Lanark broken down by property type

5
Single Family
View listings
0
Condo
View listings
0
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Lanark home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
0
$300K–$500K
2
2
$500K–$750K
2
2
$750K–$1M
1
1
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Lanark

0
1 Bed
0
2 Bed
1
3 Bed
3
4 Bed
1
5+ Bed

Demographics & Community

Census data for Lanark, Illinois

1,553
Population
$67,031
Median Household Income
38.7
Median Age
$94,800
Census Median Home Value

Housing Occupancy

Total Housing Units729
Owner-Occupied512 (78.5%)
Renter-Occupied140 (21.5%)
Vacant Units77
Median Rent$806/mo

Commute & Education

Median Commute759 min
Work From Home1.1%
Public Transit0.5%
Bachelor's Degree+9.5%
High School Diploma+2.0%

Affordability & Housing Costs

HUD data for the Lanark area

Fair Market Rent (2024)

Studio$553/mo
1 Bedroom$650/mo
2 Bedroom$807/mo
3 Bedroom$1,002/mo
4 Bedroom$1,238/mo

Income Limits (2024)

Median Family Income$82,500
Low Income (4-person)$66,000
Very Low Income (4-person)$41,250
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Lanark (2024)

2
Violent Crimes
2
Property Crimes
1
Burglaries
0
Vehicle Thefts

School Districts

School districts serving Lanark properties

308

Featured Listings in Lanark

Top properties currently on the market

204 Pearl
$194,900
4
2
1,744 sqft
204 Pearl
Lanark, IL
26-48 Norwood
$462,000
4
3
2,095 sqft
26-48 Norwood
Lanark, IL
21-78 Lake Carroll
$749,000
21-78 Lake Carroll
Lanark, IL
26-64 Blackwood
$579,900
4
3
2,600 sqft
26-64 Blackwood
Lanark, IL
24-134 Hidden Ranch
$355,000
3
3
1,736 sqft
24-134 Hidden Ranch
Lanark, IL
24-114 Lake Carroll
$750,000
6
5
5,339 sqft
24-114 Lake Carroll
Lanark, IL
View All Lanark Properties

Save $13,054 on the Average Lanark Home

Traditional agents charge 3% commission ($15,454). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

Start Your SearchBrowse Lanark Listings