Karen Pioch

Lake in the Hills, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Lake in the Hills, IL

Mon Jan 17 2022
This week the median list price for Lake in the Hills, IL is $282,450 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 10. Click here to stay informed with the Lake in the Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lake in the Hills, IL

Mon Jan 17 2022
This week the median list price for Lake in the Hills, IL is $282,450 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 10. Click here to stay informed with the Lake in the Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lake in the Hills market.
Median List Price $282,450
Median Price of New Listings $279,900
Per Square Foot $195
Average Days on Market 95
Median Days on Market 53
Price Decreased 20%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent $1,695
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$894,700 3,543 0.5 - 1 acre 4 4.5 16 0 1 231
$317,500 1,976 8,000 - 10,000 sqft 3 2.5 24 0 1 157
$280,000 1,628 8,000 - 10,000 sqft 3 2.5 31 1 0 56
$210,000 1,032 8,000 - 10,000 sqft 3 2 68 0 1 21