The Cranberry Lake housing market is somewhat competitive. The median sale price of a home in Cranberry Lake was $215K last month, up 16.2% since last year. The median sale price per square foot in Cranberry Lake is $161, up 34.6% since last year.
What is the housing market like in Cranberry Lake today?
In March 2024, Cranberry Lake home prices were up 16.2% compared to last year, selling for a median price of $215K. On average, homes in Cranberry Lake sell after 40 days on the market compared to 50 days last year. There were 8 homes sold in March this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$215,000
+16.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cranberry Lake, IL
$215,000
+16.2%
United States
To compare other locations to the Cranberry Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hainesville add value to a home.
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How hot is the Cranberry Lake housing market?
Cranberry Lake is somewhat competitive. Homes sell in 56 days.
0
100
46
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 56 days.
Hot homes
can sell for about 4% above list price and go pending in around 41 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.8%
-0.19 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cranberry Lake, IL
99.8%
-0.19 pt
United States
Home offer insights for Cranberry Lake
Explore recent offers and recently sold homes in Cranberry Lake
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 Cranberry Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cranberry Lake.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cranberry Lake has a minor risk of flooding. 5 properties in Cranberry Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Cranberry Lake. Flood risk is increasing faster than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cranberry Lake has a minor risk of wildfire. There are 80 properties in Cranberry Lake that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in Cranberry Lake.
Cranberry Lake has minimal risk of severe winds over the next 30 years
Wind Factor
Cranberry Lake has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.