Altos Market Data for Realtors

Lake in the Hills, IL

Single-Family Homes

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Lake in the Hills, IL

Tue May 30 2023
This week the median list price for Lake in the Hills, IL is $415,000 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lake in the Hills, IL

Tue May 30 2023
This week the median list price for Lake in the Hills, IL is $415,000 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lake in the Hills market.
Median List Price $415,000
Median Price of New Listings $354,900
Per Square Foot $156
Average Days on Market 88
Median Days on Market 11
Price Decreased 19%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Market Action 79
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
$699,950 4,451 0.25 - 0.5 acre 4 3.5 28 0 0 91
$457,500 2,850 0.25 - 0.5 acre 4 2.8 28 0 0 10
$369,950 2,626 0.25 - 0.5 acre 3 2.5 25 1 2 7
$308,400 1,930 8,000 - 10,000 sqft 3 2.3 36 0 0 7