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IL area data

Lanark, IL

Lanark, IL.

Population: 2,794 (Census ACS)

The typical home value in Lanark, IL is $335,165 — up 9.7% over the past year. Homes sell for a median $394,250 after a median 84 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought, hail, strong wind the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$335,165

Typical home value

+9.7%

1-year change

84

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$335,165
1-year appreciation
+9.7%
3-year appreciation
+20.7%
5-year appreciation
+42.9%
10-year appreciation
+69.1%
Peak value since 2000 (Aug 2026)
$335,165
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$394,250
Median list price
$412,450
Median price per sqft
$141
1-year sale-price change
+29.3%
Median days on market
84 days
Homes sold (recent period)
24
For-sale inventory
29
Sale-to-list ratio
95.6%
Active listings
22
New listings (monthly)
8

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$749/mo
1BR fair-market rent
$754/mo
2BR fair-market rent
$930/mo
3BR fair-market rent
$1,207/mo
4BR fair-market rent
$1,453/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1
Avg student-teacher ratio
12.4 : 1
Schools include
Eastland Jr/Sr High School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought, hail, strong wind
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Moderate · strong wind: Relatively Moderate · tornado: Relatively Low · cold wave: Relatively Low · ice storm: Relatively Low
Wildfire risk to homes (county)
Higher than 15% of US counties
Buildings in wildfire direct-exposure zone
34.1%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
37.5 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
29
Nearest airport
Swan Valley Farm Airport (4 mi)
Hospitals in or near this ZIP
10
Hospitals include
OSF SAINT KATHARINE MEDICAL CENTER, CGH MEDICAL CENTER, FHN MEMORIAL HOSPITAL
Avg hospital rating (CMS)
2.9 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+26 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1981
Housing built before 1970
42.8%
Housing built 2000 or later
23.6%
Median annual property tax
$2,643
Mean commute to work
24 min
Households with broadband internet
62.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,978
Average weekly wage
$938
Top industries (by employment)
Other Services, Wholesale Trade, Finance & Insurance
Annual residential building permits (county)
18

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

LanarkState medianUS median
Typical home value$335,165$194,869$288,527
Median sale price$394,250$212,000$325,000
Median days on market84 days48 days51 days
Median annual property tax$2,643$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Lanark, IL?
$335,165.
What is the median sale price in Lanark, IL?
$394,250.
How long do homes take to sell in Lanark, IL?
Median days on market: 84 days.
What is typical rent in Lanark, IL?
2-bedroom fair-market rent: $930/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Lanark, IL?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought, hail, strong wind.
What is the wildfire risk in Lanark, IL?
Risk to homes is higher than 15% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Lanark, IL?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Lanark, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Lanark, IL?
1 schools (1 high) (NCES, 2024-25).
What is the cost of living in Lanark, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Lanark

Listing a home in Lanark, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents