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Lake of the Woods Houses for Sale

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Illinois Champaign County Mahomet Lake of the Woods

Houses for Sale in Lake of the Woods, Mahomet

Why Live in Lake of the Woods
Lake of the Woods in Mahomet, located about 10 miles northwest of downtown Champaign, is a neighborhood that offers a blend of natural beauty and suburban convenience. The area is adjacent to the expansive 900-acre Lake of the Woods Forest Preserve, which features an 18-hole golf course, a large lake for boating, and over 3 miles of paved walking and biking trails. The preserve is also home to the six-story HI-Tower carillon, which chimes hourly, and the Museum of the Grand Prairie, showcasing life in the 19th and early 20th centuries. Housing in Lake of the Woods includes older brick ranch-style homes from the 1960s and 1970s, larger Cape Cod and farmhouse-style homes from the 1980s and 1990s, and manufactured homes in the Candlewood Estates subdivision. The neighborhood is served by highly rated schools, including Middletown Prairie Elementary, Lincoln Trail Elementary, Mahomet-Seymour Junior High, and Mahomet-Seymour High School. Local dining options include Filippo’s of Mahomet, a family-owned Italian restaurant, and It’ll Do Bar, a pub known for its lively atmosphere and late-night hours. Residents have easy access to Interstate 74, making it convenient to reach Champaign and the University of Illinois in about 20 minutes. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and commuters alike.
Learn more about living in Lake of the Woods

Home Trends in Lake of the Woods, IL

On average, homes in Lake of the Woods, Mahomet sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Lake of the Woods, Mahomet over the last 12 months is $288,500, down 62% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$288,500
Median Single Family Sale Price
$685,000
Median 2 Bedroom Sale Price
$150,500
Median 1 Bedroom Sale Price
$1,595,000
Average Price Per Sq Ft
$384
Number of Homes for Sale
2
Last 12 months Home Sales
17
Months of Supply
1.40
Median List Price
$515,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-62%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lake of the Woods, there are currently 28 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $346,060 to $525,000, there's something for every budget. As of August, 2025 the median home price in Lake of the Woods, Mahomet is $515,000, while the average sale price is $398,352, providing insight into local market trends. On average, houses spend 61 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Lake of the Woods, Mahomet and find the perfect place to call home.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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