Is Lyons, IL 60534 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lyons is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score66/ 100

More competitive than 70% of U.S. ZIP codes, and #236 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.5Under 4 months = seller’s market
Sold above original list56%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$224▼ −4.4% vs. last year

The Lyons housing market right now

In the three months ending August 31, 2026, 56% of homes in Lyons, IL 60534 sold above their list price, the typical home went under contract in 50 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 26 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 39%, homes sold about as fast and the median sale price rose 16% to $324,859. Overall, Lyons is more competitive than a year ago, so tougher for buyers.

Within Cook County, homes here sell more slowly than in 51% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Lyons ranks #236 of 464 IL ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.

Nearby markets

Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →

Where Lyons is

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Questions about Lyons real estate

Is Lyons a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Lyons, IL 60534 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lyons?

The typical home went under contract in 50 days in the latest three months.

Do homes in Lyons sell over asking?

56% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Lyons?

About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.

What is the median home price in Lyons?

The median sale price was $324,859 in the three months ending August 31, 2026, about $224 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology