October's First-Time Homebuyer Report for Lena

Lena has a much younger population than other areas in Illinois with a median age of 43 years. It is also less affluent than average with a median income of $44,867 per household. Detached homes account for 100% of the area's current housing market. Leading the list of top schools in the city are Lena Elementary School, Lena-Winslow Jr High School, and Lena-Winslow High School.

Price Range

Some of the more expensive homes in Illinois are in Lena with a median home value of $113,900 and an average list price for available homes currently at $208,110. The Lena reported another in a series of 30-day periods with zero home sales. Lena usually averages 0.2 sales per month.

Make sure you take a look at these eye-catching homes in Lena that generated the most views from potential buyers:

$229K  

Typical Dwelling

A four-bedroom detached home valued around $229,500 is considered a typical dwelling in Lena. If a buyer was looking for a similar home, they would need good credit and a $45,900 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $229 and the property tax rate is $20.41 per $1,000 of taxable assessed value.

Get started right now by checking out Lena homes for sale or reviewing Lena real estate trends.


Data reported through 10/13/2016

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