Lake Bluff, IL Home Values & Market Trends

Real estate market trends reflect that there have been 173 transactions over the past year in Lake Bluff. The median value for residential home transactions that occurred over the previous year is $511,952.33. The number of current listings in Lake Bluff is 3, and the percentage of properties for sale in the city is 3.00%. Lake Bluff, IL currently has 6 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Lake Bluff, IL Real Estate Market Overview

ZipMedian Est. Value
60044

$ 755,000

$ 304/sqft

Housing Market Summary for Lake Bluff, IL

Mar 2023February 2024Change
Median Listing Price$1.1M$553.3K-51.85%
Median Sold Price$487K$553.3K13.61%
Homes For Sale13200.00%
Homes Sold1181266.78%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lake Bluff, IL

Lake Bluff home values range from $36,527 to $7,896,274. The median estimated value of a home in Lake Bluff is $511,952.33. The median list price of a home is 755,000, and the total count of properties in the city is 3,435.

Foreclosure
There is 1 zips within Lake Bluff, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $2,443,612 in 60044 to the lowest value of $341,190 in 60044. Foreclosure homes account for 0.00% of properties in Lake Bluff, IL with 60044 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in Lake Bluff, IL with 60044 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Bluff, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,006,400 in 60044 to the lowest home value of $341,190 in 60044.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake Bluff, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Bluff, IL. There is 1 zips within Lake Bluff, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60044 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Bluff, IL. Auction homes and other auction properties account for 0.03% of all properties in Lake Bluff, IL. There is 1 zips within Lake Bluff, IL; of that zips, the median estimated home value for homes going to auction ranges from $2,443,612 in 60044 to the lowest value of $2,443,612 in 60044.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Lake Bluff, IL with 60044 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lake Bluff, IL; homes for sale in that zips, have a range of median values from $1,297,890 in 60044 to the lowest value of $332,729 in 60044.
    Sold Homes
    The median value for recently sold homes ranges from $5,995,000 in 60044 to the lowest price of $132,408 in 60044. There is 1 zips within Lake Bluff, IL. 60044 has 121 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.52% of properties in Lake Bluff, IL.

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      Guide for Lake Bluff, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      4 Tips on How To Buy a House Wholesale
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      California
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      4 Tips on How To Buy a House Wholesale
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      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes Lake Bluff, IL

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