📊 November 2025 Market Trends Report
Lanark, IL 61046
The real estate market in Lanark is always evolving, and understanding the monthly shifts can be a powerful tool—whether you’re buying, selling, or just keeping tabs on your local market. This November, the numbers show a market with promising activity, increased buyer demand, and strong pricing trends. Here’s what happened and why it matters.
📋 Active Listings: 26 Homes
There were 26 homes actively for sale in Lanark during November. While not a huge number, it’s enough to offer buyers some variety—but still leans toward low inventory conditions. Sellers should note this is significantly lower than in larger surrounding towns, giving their home more visibility in the local market.
💰Median Sale Price: $295,000
Lanark’s median home sale price was $295,000 in November. That’s a solid figure, especially considering the area’s size and inventory. This number suggests that homes in the area are holding their value, which is good news for homeowners considering selling in the near future.
💰 Sold to List Price: 94.90%
This stat shows how close final sale prices were to the asking prices. At 94.9%, sellers are getting nearly all of what they’re asking, which reflects strong buyer demand and effective pricing strategies. Compared to neighboring towns, this is a healthy sign of a market that values homes appropriately.
📉Interest Rates: 6.34%
Rates remained relatively stable at 6.34%, offering some predictability to buyers calculating their monthly payments. While not historically low, this rate is still manageable — especially when balanced with rising home values and fast-moving markets like Dixon.
📊 Final Thoughts on Larark’s November Market
Lanark’s real estate market in November 2025 is signaling a seller-friendly environment. With low inventory (just 3.25 months), fewer new listings, and a strong sale-to-list ratio, it’s an excellent time for homeowners to consider listing. Demand remains steady—eight homes sold and seven more are under contract, showing that buyers are actively pursuing homes in the area.
If you’re a homeowner considering a move in 2026, now is the time to explore your options. And if you’re a buyer? Get ready to act fast—homes are getting snapped up quicker, and inventory is tight. Stay tuned for next month’s update!
Thanks, from David & Debbie Flannery
eXp Realty, LLC | Team Flannery
815-973-0533
Information provided by: Realtors Property Resource®, MRED LLC, & The Wild Group
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