The Lake Katherine housing market is somewhat competitive. The median sale price of a home in Lake Katherine was $350K last month, up 2.3% since last year. The median sale price per square foot in Lake Katherine is $204, up 18.6% since last year.
What is the housing market like in Lake Katherine today?
In April 2024, Lake Katherine home prices were up 2.3% compared to last year, selling for a median price of $350K. On average, homes in Lake Katherine sell after 42 days on the market compared to 47 days last year. There were 3 homes sold in April this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$350,000
+2.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lake Katherine, IL
$350,000
+2.3%
United States
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How hot is the Lake Katherine housing market?
Lake Katherine is somewhat competitive. Homes sell in 42 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 42 days.
Hot homes
can sell for about 4% above list price and go pending in around 34 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.1%
+1.7 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lake Katherine, IL
101.1%
+1.7 pt
United States
Home offer insights for Lake Katherine
Explore recent offers and recently sold homes in Lake Katherine
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Katherine housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Katherine.
Risk Factor
Flood Factor - Severe
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Katherine has a severe risk of flooding. 178 properties in Lake Katherine are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Lake Katherine. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Katherine has a minor risk of wildfire. There are 10 properties in Lake Katherine that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lake Katherine.
Lake Katherine has minimal risk of severe winds over the next 30 years
Wind Factor
Lake Katherine has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.