The median sale price of a home in Lake County was $357K last month, up 13.3% since last year. The median sale price per square foot in Lake County is $186, up 9.7% since last year.
What is the housing market like in Lake County today?
In March 2024, Lake County home prices were up 13.3% compared to last year, selling for a median price of $357K. On average, homes in Lake County sell after 45 days on the market compared to 55 days last year. There were 592 homes sold in March this year, down from 660 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$357,000
+13.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake County, IL
$357,000
+13.3%
United States
To compare other locations to the Lake County and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Illinois add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake County housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.6%
+0.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake County, IL
99.6%
+0.7 pt
United States
Home offer insights for Lake County
Explore recent offers and recently sold homes in Lake County
Recent offers
Offer Not Accepted|
4 Weeks Ago
~$300K Offer
Sold for $325K
3bd | 2.5ba | ~1,500sqft
Over List Price
0%
Days on Market
16
Competing Offers
1
Down Payment
~20%
Wanda Austin-Wingood
Lake County Redfin Agent
📢This was a Redfin Hot Home. More than 54 showings in 3 days! My client went in at list and was the only offer to do so. Half of the offers were cash/cash mortgage allowed. 80% of offers were as-is. Half had an April closing date.…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Spencer Loomis Elementary School
Public • K-5
563
Students
5 reviews
10/10
South Park Elementary School
Public • PreK-5
467
Students
5 reviews
10/10
Butterfield School
Public • PreK-5
486
Students
8 reviews
10/10
Copeland Manor Elementary School
Public • K-5
359
Students
9 reviews
10/10
Kipling Elementary School
Public • K-5
469
Students
1 reviews
Only showing 5 of
100+ elementary schools.
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 County housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake County.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake County has a moderate risk of flooding. 22,077 properties in Lake County are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Lake County. Flood risk is increasing slower than the national average.
30% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake County has a moderate risk of wildfire. There are 76,586 properties in Lake County that have some risk of being affected by wildfire over the next 30 years. This represents 30% of all properties in Lake County.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake County has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake County is most at risk from hurricanes. 252,072 properties in Lake County have some risk of being in a severe wind event within the next 30 years.