Karen Pioch

Lake in the Hills, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Lake in the Hills, IL

Wed Jul 06 2022
This week the median list price for Lake in the Hills, IL is $395,000 with the market action index hovering around 94. This is less than last month's market action index of 98. Inventory has increased to 21. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Lake in the Hills, IL

Wed Jul 06 2022
This week the median list price for Lake in the Hills, IL is $395,000 with the market action index hovering around 94. This is less than last month's market action index of 98. Inventory has increased to 21. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Lake in the Hills market.
Median List Price $395,000
Median Price of New Listings $309,950
Per Square Foot $145
Average Days on Market 44
Median Days on Market 14
Price Decreased 33%
Price Increased 0%
Relisted 10%
Inventory 21
Median Rent
Market Action 94
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$579,990 3,523 0.25 - 0.5 acre 4 4 22 1 0 35
$465,000 4,055 8,000 - 10,000 sqft 4 3.5 22 0 1 14
$369,900 2,544 8,000 - 10,000 sqft 4 2.5 27 3 4 0
$276,250 1,668 8,000 - 10,000 sqft 3 2 54 4 3 7