House Prices

House Prices & Home Values Lanark, IL 2026


Average Data

average house price$109,900
average size per house2242 ft²
average price per ft²50 $ / ft²

04/17/2026 - The value range (VR) for house prices in Lanark, IL is $49/ sqft to $49/ sqft. An average home with 2242 sqft costs approximately $109,858 to $109,858. Lanark, IL includes 1 ZIP codes and it is located in Carroll county. The lowest prices are found in ZIP 61046, while the highest are in ZIP 61046. The average price per sqare feet is $50. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Lanark

6104646 $ / ft²




Historical development of home values in Lanark

Year Estimated value (USD) Change vs. 2025
2010 $51,040 -53.6%
2011 $49,066 -55.4%
2012 $48,934 -55.5%
2013 $50,763 -53.8%
2014 $53,287 -51.5%
2015 $56,022 -49.0%
2016 $58,945 -46.4%
2017 $62,127 -43.5%
2018 $65,562 -40.3%
2019 $68,602 -37.6%
2020 $72,148 -34.4%
2021 $82,061 -25.3%
2022 $95,664 -13.0%
2023 $100,882 -8.2%
2024 $106,718 -2.9%
2025 $109,900 0.0%

Graph: estimated home values in Lanark over time (USD)



Example: 100% financing house in Lanark

Loan amount: $109,900

Interest rate: 6.00%

Fixed monthly payment: $658.91

Breakdown in the 1st month:
Interest portion: $549.50  –  Principal portion: $109.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,557.29 $1,349.58 $108,550.42
2 $6,474.05 $1,432.82 $107,117.59
3 $6,385.67 $1,521.20 $105,596.39
4 $6,291.85 $1,615.02 $103,981.37
5 $6,192.24 $1,714.63 $102,266.74
6 $6,086.48 $1,820.39 $100,446.35
7 $5,974.21 $1,932.67 $98,513.69
8 $5,855.00 $2,051.87 $96,461.82
9 $5,728.45 $2,178.42 $94,283.39
10 $5,594.09 $2,312.78 $91,970.61
11 $5,451.44 $2,455.43 $89,515.18
12 $5,300.00 $2,606.88 $86,908.31
13 $5,139.21 $2,767.66 $84,140.64
14 $4,968.51 $2,938.37 $81,202.28
15 $4,787.27 $3,119.60 $78,082.68
16 $4,594.86 $3,312.01 $74,770.67
17 $4,390.59 $3,516.28 $71,254.39
18 $4,173.71 $3,733.16 $67,521.23
19 $3,943.46 $3,963.41 $63,557.81
20 $3,699.00 $4,207.87 $59,349.94
21 $3,439.47 $4,467.40 $54,882.54
22 $3,163.93 $4,742.94 $50,139.60
23 $2,871.40 $5,035.48 $45,104.12
24 $2,560.82 $5,346.05 $39,758.07
25 $2,231.09 $5,675.79 $34,082.28
26 $1,881.02 $6,025.86 $28,056.43
27 $1,509.36 $6,397.52 $21,658.91
28 $1,114.77 $6,792.10 $14,866.81
29 $695.85 $7,211.02 $7,655.78
30 $251.09 $7,655.78 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lanark, IL


1500 sqft3900 sqft
Ø selling price$90,751$193,051
Ø fast selling$82,500$173,745
Ø high price sale$99,001$212,356

In 2026, houses in Lanark, IL will be offered at an average price of $50 per square foot. A 1,500 sqft home priced at $90,751 is 21.32% more expensive per square foot than a 3,900 sqft home priced at $193,051. Home prices in Lanark, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $133,650. Sellers who can wait longer may achieve a higher price of up to $163,350.

FAQ – Home Values in Lanark

What is the median home value in Lanark in 2026?

In 2026, the typical home value in Lanark is about $109,900 for an average home size of 2242 square feet. This corresponds to an average price of roughly $50 per square foot.

What is the average cost per square foot in Lanark?

In 2026, homes in Lanark sell for an average of around $50 per square foot, with a typical range between $49 and $49 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lanark is about 2242 square feet, with an estimated 2026 value around $109,900.



Locations close to Lanark, IL

Leaf River, IL115 $ / ft²
Lena, IL63 $ / ft²
Lindenwood, IL111 $ / ft²
Kent, IL122 $ / ft²
Holcomb, IL121 $ / ft²
Harmon, IL138 $ / ft²
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