Lake In The Hills, IL Home Values & Market Trends

Real estate market trends reflect that there have been 447 transactions over the past year in Lake In The Hills. The median value for residential home transactions that occurred over the previous year is $329,980.61. The number of current listings in Lake In The Hills is 14, and the percentage of properties for sale in the city is 14.00%. Lake In The Hills, IL currently has 68 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 14 properties for sale.

Lake In The Hills, IL Real Estate Market Overview

ZipMedian Est. Value
60156

$ 365,748

$ 162/sqft

Housing Market Summary for Lake In The Hills, IL

Apr 2023March 2024Change
Median Listing Price$299.9K$325.3K8.46%
Median Sold Price$325.5K$325.3K-0.07%
Homes For Sale118-27.27%
Homes Sold261245-6.13%
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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 In The Hills, IL

Lake In The Hills home values range from $21,380 to $1,346,284. The median estimated value of a home in Lake In The Hills is $329,980.61. The median list price of a home is 385,000, and the total count of properties in the city is 9,898.

Foreclosure
There is 1 zips within Lake In The Hills, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $455,854 in 60156 to the lowest value of $114,622 in 60156. Foreclosure homes account for 0.00% of properties in Lake In The Hills, IL with 60156 containing 69 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.62% of all residential properties in Lake In The Hills, IL with 60156 containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake In The Hills, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $455,854 in 60156 to the lowest home value of $114,622 in 60156.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake In The Hills, IL ranges from the highest value of $330,784 in 60156 to the lowest value of $134,467 in 60156. Bank owned homes and properties account for 0.02% of properties in Lake In The Hills, IL. There is 1 zips within Lake In The Hills, IL; 60156 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60156 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Lake In The Hills, IL. Auction homes and other auction properties account for 0.05% of all properties in Lake In The Hills, IL. There is 1 zips within Lake In The Hills, IL; of that zips, the median estimated home value for homes going to auction ranges from $376,917 in 60156 to the lowest value of $138,847 in 60156.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Lake In The Hills, IL with 60156 containing 14 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lake In The Hills, IL; homes for sale in that zips, have a range of median values from $770,000 in 60156 to the lowest value of $187,102 in 60156.
    Sold Homes
    The median value for recently sold homes ranges from $737,699 in 60156 to the lowest price of $89,140 in 60156. There is 1 zips within Lake In The Hills, IL. 60156 has 275 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.78% of properties in Lake In The Hills, IL.

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      Guide for Lake In The Hills, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Lake In The Hills, IL

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