The Lake View housing market is somewhat competitive. The median sale price of a home in Lake View was $464K last month, up 9.0% since last year. The median sale price per square foot in Lake View is $318, up 1.8% since last year.
What is the housing market like in Lake View today?
In March 2024, Lake View home prices were up 9.0% compared to last year, selling for a median price of $464K. On average, homes in Lake View sell after 56 days on the market compared to 61 days last year. There were 296 homes sold in March this year, down from 337 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$464,375
+9.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake View, IL
$464,375
+9.0%
United States
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How hot is the Lake View housing market?
Lake View is somewhat competitive. Homes sell in 45 days.
0
100
53
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 45 days.
Hot homes
can sell for about 3% above list price and go pending in around 31 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake View, IL
99.5%
+1.1 pt
United States
Home offer insights for Lake View
Explore recent offers and recently sold homes in Lake View
Recent offers
Winning Offer|
11 Weeks Ago
~$550K Offer
2bd | 2ba | ~1,500sqft
Over List Price
1%
Days on Market
26
Competing Offers
3
Down Payment
~50%
Tiffeny Meyers
Lake View Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$500K Offer
Sold for $550K
3bd | 2ba | ~1,500sqft
Over List Price
4%
Days on Market
25
Competing Offers
12
Offer
All Cash
Steve Dombar
Lake View Redfin Agent
Offer Not Accepted|
8 Weeks Ago
~$250K Offer
Sold for $250K
2bd | 1ba | ~750sqft
Over List Price
4%
Days on Market
46
Competing Offers
2
Down Payment
~20%
Elizabeth Caya
Lake View Redfin Agent
Offer Not Accepted|
8 Weeks Ago
~$1.5M Offer
Sold for $1.75M
5bd | 3.5ba | —sqft
Over List Price
3%
Days on Market
19
Competing Offers
11
Offer
All Cash
Niko Voutsinas
Lake View Redfin Agent
The level of interest in this Lakeview gem of a single-family home was immense. In just a 2 hour showing window, dozens of groups came through and more than 10 offers were received by the next day when an offer deadline was set. Tons of demand at a price point where demand greatly outstrips supply of high quality offerings. We won't know until it closes but it will most likely close at least 5-10% above the list price and I'd guess that many if not all contract contingencies were waived. …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Hawthorne Elementary Scholastic Academy
Public • K-8 • Choice school
566
Students
23 reviews
8/10
Walt Disney Magnet School
Public • PreK-8 • Choice school
1520
Students
39 reviews
8/10
Ravenswood Elementary School
Public • PreK-8
548
Students
22 reviews
8/10
Burley Elementary School
Public • K-8
553
Students
21 reviews
8/10
Blaine Elementary School
Public • PreK-8
821
Students
51 reviews
Only showing 5 of
11 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 View housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake View.
Risk Factor
Flood Factor - Minor
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake View has a minor risk of flooding. 589 properties in Lake View are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Lake View. Flood risk is increasing slower than the national average.