Lombard Market Report
Single Family
90-day market data from Chicago MLS — updated February 9, 2026
Source: MRED MLS, 90-day sold data. Updated February 9, 2026.
Example 2.5% commission on the Lombard median of $410K = $10,250. Net Gain's flat fee = $1,995.
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Price Band Breakdown
Where buyers are actually competing in Lombard
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $400K-$450K Strongest Demand | 23 | 17d | 99% | 5 |
| $350K-$400K | 16 | 15d | 97% | 1 |
| $300K-$350K | 10 | 13d | 98% | 3 |
| $450K-$500K | 10 | 10d | 99% | 6 |
| $250K-$300K | 7 | 30d | 94% | 1 |
The $400K-$450K price range in Lombard shows the strongest buyer demand over the last 90 days with 23 closed sales, averaging 17 days from listing to contract. There are currently 5 active listings in this range, so sellers pricing into this band should expect buyer interest but need to differentiate on condition, presentation, and accurate pricing relative to comparable recent sales. Sellers in adjacent price bands should study this range carefully, as it represents the concentration point where the most transactions are occurring and where buyers have demonstrated the greatest willingness to compete.
Market Velocity
How fast the Lombard market is moving
Only 13% of active listings in Lombard have required price reductions, which indicates that most sellers entered the market with realistic expectations and found buyers without adjusting. Homes in Lombard are taking a median of 15 days to go under contract, though competitively priced properties are moving faster at 6 days. The gap between those two numbers reflects the penalty for overpricing in this market. With just 1.2 months of supply across 32 active listings, Lombard remains a seller's market. Limited inventory gives correctly priced listings leverage in negotiations, but that advantage disappears quickly for homes that sit beyond the median days on market.
What This Means for Your Listing
Commission savings at the Lombard median
In a market where correctly priced homes in Lombard sell in 15 days, the listing agent's job is straightforward: accurate pricing based on comparable sales data, professional photography and MLS marketing, and responsive transaction management through closing. These are execution tasks with well-established processes, not creative problem-solving that justifies a percentage of your home's value. At the Lombard median of $410K, a traditional commission in the 2-3% range costs $10,250. Net Gain Realty provides the same MLS listing, the same buyer exposure, and the same professional service for a flat fee of $1,995. That is a potential difference of $8,255 that stays in your pocket at closing. The service does not change. The exposure does not change. The only difference is what you pay for it.
Or send your address to matthew@netgain.realty for a property-specific analysis
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