Lake County, IL Home Values & Market Trends
The median home price in Lake County, IL is $401,673. There were 10,158 home sales in Lake County, IL over the past 12 months. The median residential Lake County, IL home value for transactions over the previous year is $359,769. The number of current listings in Lake County, IL is 7,683, and the percentage of properties for sale is 7683.00%. The county has 844 foreclosures, 29 bank owned properties, 91 headed for auction, and 7,683 properties for sale.
Lake County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Waukegan | $ 246,333 $ 200/sqft | Lake Villa | $ 394,816 $ 195/sqft |
| Gurnee | $ 387,900 $ 208/sqft | Lake Zurich | $ 538,274 $ 287/sqft |
| Grayslake | $ 372,640 $ 218/sqft | Fox Lake | $ 279,900 $ 202/sqft |
| Buffalo Grove | $ 480,601 $ 255/sqft | Wauconda | $ 398,691 $ 219/sqft |
| Mundelein | $ 385,043 $ 245/sqft | Lake Bluff | $ 783,228 $ 364/sqft |
| Highland Park | $ 840,425 $ 359/sqft | Ingleside | $ 317,678 $ 210/sqft |
| Antioch | $ 377,708 $ 205/sqft | Lincolnshire | $ 667,628 $ 246/sqft |
| Zion | $ 267,517 $ 197/sqft | Winthrop Harbor | $ 312,276 $ 219/sqft |
| Libertyville | $ 688,000 $ 304/sqft | North Chicago | $ 211,699 $ 179/sqft |
| Deerfield | $ 660,885 $ 328/sqft | Wadsworth | $ 428,027 $ 201/sqft |
| Round Lake | $ 355,477 $ 181/sqft | Island Lake | $ 342,328 $ 214/sqft |
| Lake Forest | $ 1,303,323 $ 420/sqft | Highwood | $ 699,000 $ 338/sqft |
| Barrington | $ 732,008 $ 290/sqft | Great Lakes | $ -- $ -- |
| Vernon Hills | $ 467,112 $ 253/sqft |
Housing Market Summary for Lake County, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $408.5K | $390.7K | -4.36% |
| Median Sold Price | $436.6K | $435.1K | -0.34% |
| Homes For Sale | 5,352 | 7,595 | 41.91% |
| Homes Sold | 4,111 | 4,648 | 13.06% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake County, IL
Browse Homes in Lake County, IL
Lake County, IL home values range from $13,174 to $12,999,000. Lake Forest is the priciest city with a median listing home price of $1,349,500, and North Chicago is most affordable with average house prices of around $207,500.
- Pre-ForeclosurePre-foreclosure homes account for 5.16% of all residential properties in Lake County, IL with Waukegan containing 85 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 27 cities within Lake County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $391,442 in Highwood to the lowest home value of $87,576 in North Chicago.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake County, IL ranges from the highest value of $286,000 in Highland Park to the lowest value of $76,486 in North Chicago. Bank owned homes and properties account for 0.21% of properties in Lake County, IL. There are 27 cities within Lake County, IL; Waukegan containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWaukegan has 19 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, IL. Auction homes and other auction properties account for 0.65% of all properties in Lake County, IL. There are 27 cities within Lake County, IL; of those cities, the median estimated home value for homes going to auction ranges from $328,582 in Lake Forest to the lowest value of $84,932 in Lake Forest.
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More Real Estate Resources for Lake County, IL
Guide for Lake County, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
