The Lake Katherine housing market is somewhat competitive. The median sale price of a home in Lake Katherine was $286K last month, down 3.1% since last year. The median sale price per square foot in Lake Katherine is $218, up 45.7% since last year.
What is the housing market like in Lake Katherine today?
In February 2025, Lake Katherine home prices were down 3.1% compared to last year, selling for a median price of $286K. On average, homes in Lake Katherine sell after 38 days on the market compared to 53 days last year. There were 6 homes sold in February this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,500
-3.1% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Lake Katherine, IL
$285,500
-3.1%
United States
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How hot is the Lake Katherine housing market?
Lake Katherine is somewhat competitive. Homes sell in 40.5 days.
0
100
64
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% below list price and go pending in around 41 days.
Hot homes
can sell for about 1% above list price and go pending in around 32 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.1%
-0.63 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Lake Katherine, IL
99.1%
-0.63 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.
Flood Factor - Major
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Katherine has a major risk of flooding. 177 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.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Katherine has a moderate risk of wildfire. There are 37 properties in Lake Katherine that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Lake Katherine.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake Katherine has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Katherine is most at risk from hurricanes. 639 properties in Lake Katherine have some risk of being in a severe wind event within the next 30 years.