Lake Zurich, IL Home Values & Market Trends
Real estate market trends reflect that there have been 292 transactions over the past year in Lake Zurich. The median value for residential home transactions that occurred over the previous year is $538,274. The number of current listings in Lake Zurich is 221, and the percentage of properties for sale in the city is 221.00%. Lake Zurich, IL currently has 16 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 221 properties for sale.
Lake Zurich, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60047 | $ 723,148 $ 271/sqft |
Housing Market Summary for Lake Zurich, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $495K | $450K | -9.09% |
| Median Sold Price | $530.1K | $515.4K | -2.77% |
| Homes For Sale | 140 | 220 | 57.14% |
| Homes Sold | 144 | 163 | 13.19% |
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 Zurich, IL
Browse Homes in Lake Zurich, IL
Lake Zurich home values range from $210,306 to $1,608,041. The median estimated value of a home in Lake Zurich is $538,274. The median list price of a home is 450,000, and the total count of properties in the city is 415.
- Pre-ForeclosurePre-foreclosure homes account for 3.13% of all residential properties in Lake Zurich, IL with 60047 containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Zurich, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,247,968 in 60047 to the lowest home value of $270,881 in 60047.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Zurich, 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 Zurich, IL. There is 1 zips within Lake Zurich, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60047 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Zurich, IL. Auction homes and other auction properties account for 0.72% of all properties in Lake Zurich, IL. There is 1 zips within Lake Zurich, IL; of that zips, the median estimated home value for homes going to auction ranges from $899,500 in 60047 to the lowest value of $385,936 in 60047.
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More Real Estate Resources for Lake Zurich, IL
Guide for Lake Zurich, 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.
