Foreclosure Homes in Lyons, IL 60534

Current Market Conditions in Lyons, IL

Lyons has seen a steady increase in housing demand over the past year, with homes selling relatively quickly, indicating a robust local market. The community's appeal lies in its accessibility to Chicago and its family-friendly vibe, drawing both new residents and investors.

As of late 2023, home values in Lyons have risen, reflecting a broader trend as suburban areas become increasingly desirable. The market remains competitive, with well-maintained properties drawing multiple offers from potential buyers.

Rent Prices In Lyons, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lyons, IL, is on a rollercoaster ride. The average rent price in Lyons, IL, is $1,676.00. Indeed, when looking to rent in Lyons, IL, you can expect to pay as little as $800.00 or as much as $2,960.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Lyons, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.