The Lake in the Hills Estates housing market is somewhat competitive. Homes in Lake in the Hills Estates receive 3 offers on average and sell in around 57 days. The median sale price of a home in Lake in the Hills Estates was $285K last month, up 2.9% since last year. The median sale price per square foot in Lake in the Hills Estates is $166, down 4.6% since last year.
What is the housing market like in Lake in the Hills Estates today?
In March 2024, Lake in the Hills Estates home prices were up 2.9% compared to last year, selling for a median price of $285K. On average, homes in Lake in the Hills Estates sell after 57 days on the market compared to 73 days last year. There were 23 homes sold in March this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,000
+2.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake in the Hills Estates, IL
$285,000
+2.9%
United States
To compare other locations to the Lake in the Hills Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake in the Hills add value to a home.
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How hot is the Lake in the Hills Estates housing market?
Lake in the Hills Estates is somewhat competitive. Homes sell in 46.5 days.
0
100
65
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 about 1% above list price and go pending in around 47 days.
Hot homes
can sell for about 4% above list price and go pending in around 31 days.
Learn about schools in the Lake in the Hills Estates area
Elementary
Middle
High
GreatSchools Rating
6/10
Lake In the Hills Elementary School
Public • K-5
553
Students
4 reviews
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 in the Hills Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake in the Hills Estates.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake in the Hills Estates has a major risk of flooding. 250 properties in Lake in the Hills Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Lake in the Hills Estates. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake in the Hills Estates has a moderate risk of wildfire. There are 89 properties in Lake in the Hills Estates that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Lake in the Hills Estates.
Lake in the Hills Estates has minimal risk of severe winds over the next 30 years
Wind Factor
Lake in the Hills Estates has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
81% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Lake in the Hills Estates has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 81% of homes in Lake in the Hills Estates have a Minor Heat Factor®.
Lake in the Hills Estates is expected to see a 114% increase in the number of days over 100ºF over the next 30 years. Lake in the Hills Estates is expected to experience 8