Altos Market Data for Realtors

Lake Bluff, IL

Single-Family Homes

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Lake Bluff, IL

Sun Jul 06 2025
This week the median list price for Lake Bluff, IL is $687,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 20. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Lake Bluff, IL

Sun Jul 06 2025
This week the median list price for Lake Bluff, IL is $687,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 20. 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

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lake Bluff market.
Median List Price $687,000
Median Price of New Listings $582,000
Per Square Foot $372
Average Days on Market 217
Median Days on Market 49
Price Decreased 30%
Price Increased 0%
Relisted 20%
Inventory 20
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$3,995,000 7,418 5 - 10 acres 5 5.5 31 0 0 672
$1,145,000 3,636 0.25 - 0.5 acre 4 3.5 72 0 2 49
$624,900 2,153 4,500 - 6,500 sqft 4 2.5 50 1 0 21
$575,000 1,632 - 3 2 49 3 0 0