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Home values, rents and more in Lanark, IL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$331,000
Illinois: $296,000 · U.S.: $366,000
Home values, past year
+8.9%
Illinois: +5.3% · U.S.: +1.2%
Population
1,541
ACS 2020–24
Median household income
$59,375
Illinois: $83,390 · U.S.: $80,734
ZIP codes around Lanark, IL, shaded by typical home valueLanark61046
  • Under $190k
  • $190k–$220k
  • $220k–$260k
  • $260k–$300k
  • $300k+
  • No data
ZIP codes around Lanark, IL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Lanark is outlined.

How Lanark compares

The typical home in Lanark, IL is worth about $331,000, according to the Zillow Home Value Index for September 2026. Home values in Lanark are 12% above the typical value in Illinois ($296,000) and 10% below the U.S. typical value ($366,000).

Over the past year, home values in Lanark rose 8.9%, compared with +5.3% in Illinois and +1.2% nationally.

The median household income is $59,375, against $83,390 in Illinois and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,541 people live in Lanark (American Community Survey 2020–24).

Lanark has the 186th-highest typical home value of the 1,005 cities in Illinois with Zillow figures.

Part of: Carroll County, IL · Illinois

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Lanark, IL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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