Lombard Market Report

90-day market data from Chicago MLS — updated February 9, 2026

Seller's Market
$410K Median Sale Price
15 Days to Contract
99% Sale-to-List Ratio
79 Homes Sold (90 days)

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 range shows the strongest buyer demand with 23 sales averaging 17 days to contract . Currently 5 active listings competing.

Market Velocity

How fast the Lombard market is moving

13%
Price Reduction Rate
Avg 139 days before cut
15d
Median Days to Contract
Fastest 25%: 6 days
1.2
Months of Supply
32 active listings

With only 13% of listings requiring price reductions, Lombard sellers who price correctly are finding buyers quickly.

Homes are taking 15 days to contract on average, though competitively priced properties move faster at 6 days.

With 1.2 months of inventory, this remains a seller's market where properly positioned listings have leverage.

What This Means for Your Listing

Commission savings at the Lombard median

Example 2.5% Commission
$10,250
Based on $410K median
vs
Up to $8K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 15 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $410K, that's $8,255 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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