Is Lenzburg, IL 62255 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lenzburg is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$136

The Lenzburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Lenzburg, IL 62255 sold above their list price, the typical home went under contract in 54 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Within St. Clair County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, East Carondelet 62240 (75% sold over asking) and Freeburg 62243 (57% sold over asking) are even more competitive.

Nearby markets

Belleville 62220Seller’s market $112 /sq ftBelleville 62221Seller’s market $136 /sq ftBelleville 62223Seller’s market $116 /sq ftBelleville 62226Seller’s market $120 /sq ft Browse all markets →

Where Lenzburg is

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Questions about Lenzburg real estate

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

A seller’s market: there were 3.2 months of supply in Lenzburg, IL 62255 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 Lenzburg?

The typical home went under contract in 54 days in the latest three months.

Do homes in Lenzburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.7% of the list price.

What are property taxes in Lenzburg?

About 2.03% of a home’s value a year in St. Clair County, or roughly $8,120 on a $400,000 home.

What is the median home price in Lenzburg?

The median sale price was $154,600 in the three months ending August 31, 2026, about $136 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