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Main St railroad crossing - Long Lake, IL - July 2026Photo: AlphaBeta135 · CC BY 4.0
Housing in Long Lake

38 homes sold in Long Lake in the last year, at a typical $241K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Long Lake homes are listed.

Homes sold
38
June 2025 to May 2026
Typical sale price
$241K
median, weighted by sales
Price per square foot
$190
Illinois $193
Paid vs. asking
101.2%
53% sold over asking
For sale now
10
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 100% of Long Lake’s sales, at a typical $241K

38 homes sold in the year to May 2026.

Houses$241K

typical sale · 38 sold in 12 months

Per square foot
$190IL $180
Days to sell
47
Sold over asking
53%
Listings with a price cut
33%
14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

38 sales in the last year, against 73 in 2016 and a low of 31 in 2012. The typical sale went from $123K in 2016 to $241K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 31 sold, typical $83K’122013: 56 sold, typical $75K2014: 50 sold, typical $78K’142015: 50 sold, typical $118K2016: 73 sold, typical $123K’162017: 61 sold, typical $159K2018: 61 sold, typical $144K’182019: 53 sold, typical $159K2020: 64 sold, typical $168K’202021: 67 sold, typical $213K2022: 54 sold, typical $195K’222023: 49 sold, typical $237K2024: 34 sold, typical $248K’242025: 47 sold, typical $251KLast 12 months: 38 sold, typical $241KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Long Lake

Houseat $190 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Long Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Long Lake are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of Long Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 38 sales.

If you’re buying in Long Lake

  • Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • You can negotiate. 33% of listings have cut their price, against 23% before the pandemic.
  • Bid near asking. Buyers paid 101.2% of the list price on average; 53% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 9 a month), but August is the most competitive: 42% of August sales close over asking. February has the least competition (22%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 4 new listings a month, 39% sold over asking, 73 days to sellJFeb: 5 new listings a month, 22% sold over asking, 99 days to sellFMar: 7 new listings a month, 38% sold over asking, 72 days to sellMApr: 9 new listings a month, 30% sold over asking, 63 days to sellAMay: 8 new listings a month, 33% sold over asking, 43 days to sellMJun: 8 new listings a month, 39% sold over asking, 35 days to sellJJul: 6 new listings a month, 27% sold over asking, 41 days to sellJAug: 6 new listings a month, 42% sold over asking, 69 days to sellASep: 5 new listings a month, 35% sold over asking, 67 days to sellSOct: 5 new listings a month, 29% sold over asking, 68 days to sellONov: 4 new listings a month, 33% sold over asking, 86 days to sellNDec: 3 new listings a month, 29% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Illinois

Long Lake now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price53%21%45%37%
Gone within two weeksShare of homes under contract within 14 days49%29%45%46%
Listings with a price cutShare of homes for sale that cut their price33%23%29%19%
Price paid vs. askingAverage sale price ÷ list price101.2%95.9%99.3%99.2%
Days to sellMedian days from listing to contract47812449
Supply

9 homes for sale on a typical day

That’s 59% fewer than in 2017–19 and well under 2015’s 33.

2012: 28 for sale’122013: 31 for sale2014: 31 for sale2015: 33 for sale’152016: 25 for sale2017: 23 for sale2018: 21 for sale’182019: 21 for sale2020: 12 for sale2021: 9 for sale’212022: 15 for sale2023: 10 for sale2024: 9 for sale’242025: 9 for saleLast 12 months: 9 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 23% in 2017–19 and 19% across Illinois. More sellers are pricing high and coming down.

2015: 24%’152016: 31%2017: 22%2018: 27%’182019: 20%2020: 30%2021: 29%’212022: 18%2023: 21%2024: 20%’242025: 26%Last 12 months: 33%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Long Lake home costs about $1,696 a month

Mortgage
Property tax
Insurance
Rent

Price: Long Lake’s typical sale, last 12 months. Property tax at Long Lake’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Long Lake is affordable on local pay is on Cost of living.

Before you buy in Long Lake

Six things worth knowing

9

New listings in April

The month with the most choice. December has the fewest, about 3.

Best time to buy
2.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $241K home, about $5,250 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Long Lake, from test results, graduation and how much students grow.

Schools in Long Lake
33 min

Typical commute

The average one-way trip to work for people who live in Long Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Round Lake Heights, Round Lake, Round Lake Park and Volo sell for less a square foot

The busier markets within 25 miles of Long Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Round Lake Beach283$263K$19045%52
Round Lake217$315K$16841%52
Volo118$342K$17429%77
Round Lake Park93$221K$15438%54
Long Lake38$241K$19053%47
Fox Lake Hills37$329K$18638%52
Round Lake Heights22$309K$17145%58

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Long Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Long Lake. People who follow the town see it, and so do people comparing Long Lake with their own town. No commission, no listing fee.

Questions about buying a home in Long Lake

What do homes sell for in Long Lake, IL?

38 homes sold in the year to May 2026 at a typical $241K, $190 a square foot.

Is Long Lake a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 5 sold, about 2 months of supply. Buyers paid 101.2% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Long Lake?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Long Lake?

About 2.2% of a home’s value a year. On a $241K home that’s near $5,250.

Where can I see homes for sale in Long Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Long Lake’s MLS listings; the search links above open each one filtered to Long Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).