Altos Market Data for Realtors

Lake in the Hills, IL

Single-Family Homes

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Lake in the Hills, IL

Tue Sep 21 2021
This week the median list price for Lake in the Hills, IL is $309,900 with the market action index hovering around 68. This is less than last month's market action index of 72. Inventory has increased to 31. 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 21 2021
This week the median list price for Lake in the Hills, IL is $309,900 with the market action index hovering around 68. This is less than last month's market action index of 72. Inventory has increased to 31. 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 $309,900
Median Price of New Listings $310,000
Per Square Foot $139
Average Days on Market 55
Median Days on Market 21
Price Decreased 32%
Price Increased 3%
Relisted 23%
Inventory 31
Median Rent $1,873
Market Action 68
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
$439,000 3,598 0.25 - 0.5 acre 4 2 21 1 1 84
$344,950 2,380 8,000 - 10,000 sqft 4 2 23 2 3 14
$279,950 1,734 8,000 - 10,000 sqft 4 2 27 1 5 17
$222,450 1,376 8,000 - 10,000 sqft 2 2 28 2 3 35