Baird & Warner's Market Report

Lake Zurich, IL 60047

Single-Family Homes

www.BairdWarner.com


Lake Zurich, IL 60047

Wed Jul 08 2026
This week the median list price for Lake Zurich, IL 60047 is $662,500 with the market action index hovering around 63. This is less than last month's market action index of 71. Inventory has increased to 18. Click here to stay informed with the Lake Zurich market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Lake Zurich, IL 60047

Wed Jul 08 2026
This week the median list price for Lake Zurich, IL 60047 is $662,500 with the market action index hovering around 63. This is less than last month's market action index of 71. Inventory has increased to 18. Click here to stay informed with the Lake Zurich market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Lake Zurich market.
Median List Price $662,500
Median Price of New Listings $749,450
Per Square Foot $275
Average Days on Market 75
Median Days on Market 42
Price Decreased 33%
Price Increased 11%
Relisted 28%
Inventory 18
Median Rent
Market Action 63
Strong Seller's Market

While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.

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
$1,117,900 3,575 0.25 - 0.5 acre 5 3 26 2 1 56
$714,500 1,993 1 - 2.5 acres 3 2.3 48 1 1 42
$549,900 2,300 0.25 - 0.5 acre 4 2.5 55 1 0 56
$399,950 1,596 0.25 - 0.5 acre 3 2 65 0 0 17