The Valley Lakes housing market is somewhat competitive. The median sale price of a home in Valley Lakes was $343K last month, up 1.5% since last year. The median sale price per square foot in Valley Lakes is $161, up 17.5% since last year.
What is the housing market like in Valley Lakes today?
In March 2024, Valley Lakes home prices were up 1.5% compared to last year, selling for a median price of $343K. On average, homes in Valley Lakes sell after 60 days on the market compared to 37 days last year. There were 7 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$342,500
+1.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Valley Lakes, IL
$342,500
+1.5%
United States
To compare other locations to the Valley Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Round Lake 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 Valley Lakes housing market?
Valley Lakes is somewhat competitive. Homes sell in 54 days.
0
100
58
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 54 days.
Hot homes
can sell for about 4% above list price and go pending in around 35 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.0%
+1.0 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Valley Lakes, IL
101.0%
+1.0 pt
United States
Home offer insights for Valley Lakes
Explore recent offers and recently sold homes in Valley Lakes
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 Valley Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Valley Lakes.
Risk Factor
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Valley Lakes has a minor risk of flooding. 16 properties in Valley Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Valley Lakes. Flood risk is increasing slower than the national average.
94% of properties are at risk of wildfire over the next 30 years
Fire Factor
Valley Lakes has a moderate risk of wildfire. There are 1,179 properties in Valley Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 94% of all properties in Valley Lakes.
Valley Lakes has minimal risk of severe winds over the next 30 years
Wind Factor
Valley Lakes has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.