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Lost Nation, IL Lost Lake SignPhoto: Ben Jacobson (Kranar Drogin) · CC BY 2.5
Housing in Lost Nation

13 homes sold in Lost Nation in the last year, at a typical $357K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Lost Nation homes are listed.

Homes sold
13
October 2025 to September 2026
Typical sale price
$357K
median, weighted by sales
Price per square foot
$161
Illinois $193
Paid vs. asking
96.2%
16% sold over asking
For sale now
7
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Lost Nation’s sales, at a typical $366K (year to May 2026)

13 homes sold in the year to September 2026.

Houses$366K

typical sale · 19 sold in the year to May 2026

Per square foot
$144IL $180
Days to sell
53
Sold over asking
21%
Listings with a price cut
27%
5 years of sales

Fewer homes sell than a decade ago, at twice the 2018 price

13 sales in the last year, against 22 in 2018 and a low of 19 in 2022. The typical sale went from $180K in 2018 to $357K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2014: 20 sold, typical $182K’142018: 22 sold, typical $180K2022: 19 sold, typical $255K’222024: 20 sold, typical $262K2025: 21 sold, typical $329K’25Last 12 months: 13 sold, typical $357KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Lost Nation

Houseat $144 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lost Nation 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.

Rent or buy?

Owning the typical Lost Nation home costs about $2,458 a month

Mortgage
Property tax
Insurance
Rent

Price: Lost Nation’s typical sale, last 12 months. Property tax at Lost Nation’s 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 Lost Nation is affordable on local pay is on Cost of living.

Before you buy in Lost Nation

Four things worth knowing

2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $357K home, about $7,140 a year.

Taxes vs. neighbors
28 min

Typical commute

The average one-way trip to work for people who live in Lost Nation.

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.

Selling, or renting out?

Post your home to Lost Nation, free

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

Questions about buying a home in Lost Nation

What do homes sell for in Lost Nation, IL?

13 homes sold in the year to September 2026 at a typical $357K, $161 a square foot.

Is Lost Nation a buyer’s or seller’s market?

A buyer’s market: 7 homes were for sale in September 2026 and 1 sold, about 7 months of supply. Buyers paid 96.2% of asking on average.

How much are property taxes in Lost Nation?

About 2% of a home’s value a year. On a $357K home that’s near $7,140.

Where can I see homes for sale in Lost Nation?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).