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Lake of the Woods, IL
Full City Profile · Illinois · Champaign County County
3.4
/5.0
B
Good
1,976
Population
1,176/sq mi density
$69,054
Median Income
$30,729 per capita
$194,300
Home Value
$336,303 Zillow
$1,201
Median Rent
47.1% income on rent
51°F
Avg Temperature
275 sunny days/yr
153
Violent Crime/100K
497 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$69,054 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$194,300 home value, $1,201/mo rent
F
Safety
1.0 / 5.0
153 violent crimes/100K
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher
Housing Overview
Median Home Value
$194,300
31% below
US avg: $281,900
Median Rent
$1,201/mo
3% above
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
951
Median year built: 1994
Home Value by Source
Census Median
$194,300
Zillow (ZHVI)
$336,303
Median Sale Price
$218,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.6%
Owner-Occupied
17.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,201/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$133
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
47.1%
of renters spending 30%+ of income on housing
52% above US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
82.6%
Complete Housing Data
Home Values
| Census Median Value | $194,300 |
| Zillow Home Value (ZHVI) | $336,303 |
| Median Sale Price | $218,750 |
| Price Per Sq Ft | $133 |
Rent
| Census Median Rent | $1,201 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 72 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 33.3% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $133 |
Ownership & Stock
| Owner-Occupied | 82.6% |
| Renter-Occupied | 17.4% |
| Homeownership Rate | 82.6% |
| Total Housing Units | 951 |
| Median Year Built | 1994 |
| Rent Burden | 47.1% |