December 2025 Market Trends Report – Lanark IL 61046
📊 December 2025 Market Trends Report
Lanark, IL 61046
December brought a seasonal slowdown to the Lanark housing market, typical for a smaller community during the winter months. With fewer homes selling, individual transactions can have a bigger impact on the monthly numbers.
Below is a breakdown of what happened in December 2025 and what these trends suggest heading into the new year.
⏳ Pending Listings 4 ↓
Lanark recorded 4 pending listings in December, down from 7 in November. Pending activity slowed along with closed sales, which is typical during the holiday season.
This slowdown reflects timing more than a lack of buyer interest.
📋 Active Listings 23 ↓
At the end of December, Lanark had 23 active listings available. This provides buyers with a reasonable number of choices, especially considering the town’s size.
Active inventory at this level helps keep the market balanced.
📦 Months of Inventory 2.07↓
Lanark finished December with approximately 2.7 months of inventory. This is still below what’s considered a fully balanced market, which is generally closer to five or six months.
Inventory at this level leans slightly toward sellers, even with slower seasonal activity.
💲 Median Sale Price $296,000 ↑
The median sale price in Lanark for December 2025 was $296,000, nearly unchanged from $295,000 in November. With only a few homes selling, the median price can shift significantly from month to month.
Even so, this level suggests home values in Lanark remained strong.
💰 Average Sale Price $296,000 ↑
The average sale price in December also came in at $296,000. When the median and average prices match, it usually indicates that very few homes were sold and that pricing was concentrated within a narrow range.
This reinforces the idea that December’s pricing data should be viewed with context.
🏷️ Sold to List Price Ratio Not Reported
Not reported this month due to low sales volume. With only a small number of transactions, this metric wouldn’t provide a reliable picture of negotiation trends.
This is common in smaller markets during slower months.
📅 Average Days on Market 30 ↓
The average days on market in December was 30 days, significantly lower than 133 days in November. This suggests that the homes that did sell moved more quickly than in the prior month.
With such low sales volume, a single listing can heavily influence this number.
📆 Median Days on Market 30 ↓
The median days on market also came in at 30 days, down from 64 days in November. This indicates that the typical home sold in about a month.
Median figures are often more reliable in small-sample months like this.
📉 Interest Rates 6.32% ↓
Interest rates averaged 6.32% in December, slightly lower than 6.34% in November. While the change is small, even modest rate shifts can impact buyer confidence and monthly affordability.
Rates continuing to stabilize is something both buyers and sellers are watching closely.
✅ What This Means for Sellers
Sellers in Lanark should expect slower activity during the winter months, but pricing has remained stable. With inventory still relatively low, well-presented homes can attract serious buyers even when overall sales volume is limited.
Patience and realistic pricing are especially important in smaller markets.
🔍 What This Means for Buyers
Buyers may find less competition during the winter, but options can be limited. When the right home becomes available, being prepared to act can still matter.
Low sales volume also means buyers should look at trends over several months, not just one.
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