How's Chicago's Real Estate Market?

Lake Bluff, IL 60044

Single-Family Homes

312-961-6212



Lake Bluff, IL 60044

Fri Feb 26 2021
This week the median list price for Lake Bluff, IL 60044 is $706,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 24. Click here to stay informed with the Lake Bluff market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lake Bluff, IL 60044

Fri Feb 26 2021
This week the median list price for Lake Bluff, IL 60044 is $706,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 24. Click here to stay informed with the Lake Bluff market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lake Bluff market.
Median List Price $706,000
Per Square Foot $259
Days on Market 165
Price Decreased 21%
Price Increased 0%
Relisted 13%
Inventory 24
Median Rent $3,200
Most Expensive $9,950,000
Least Expensive $369,000
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$3,700,000 7,615 2.5 - 5 acres 5 7 63 0 0 283
$1,194,950 4,652 1 - 2.5 acres 4 4 26 1 2 161
$589,000 2,550 0.25 - 0.5 acre 4 2 60 1 1 133
$397,000 1,852 0.25 - 0.5 acre 3 2 53 0 2 171