Karen Pioch

Lake in the Hills, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Lake in the Hills, IL

Tue Sep 28 2021
This week the median list price for Lake in the Hills, IL is $299,950 with the market action index hovering around 70. This is less than last month's market action index of 72. Inventory has increased to 28. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lake in the Hills, IL

Tue Sep 28 2021
This week the median list price for Lake in the Hills, IL is $299,950 with the market action index hovering around 70. This is less than last month's market action index of 72. Inventory has increased to 28. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lake in the Hills market.
Median List Price $299,950
Median Price of New Listings $265,500
Per Square Foot $151
Average Days on Market 56
Median Days on Market 25
Price Decreased 32%
Price Increased 7%
Relisted 18%
Inventory 28
Median Rent $1,973
Market Action 70
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
$375,000 2,743 8,000 - 10,000 sqft 4 2 22 0 4 91
$319,900 1,866 8,000 - 10,000 sqft 4 2 24 3 1 7
$259,900 1,608 8,000 - 10,000 sqft 3 2 32 3 3 28
$225,000 1,460 4,500 - 6,500 sqft 2 2 27 1 2 35