Channel Lake, IL
Housing market overview · Updated weekly
$590,000median sale price
Homes sold
2
Last 12 weeks
Days on market
349
Average pace
Active listings
6
3.0 months supply
Sale-to-list
87.8%
Below asking
The Channel Lake housing market is currently classified as a leaning buyer's with a median sale price of $590,000. Prices have risen 116.5% compared to last year, with homes spending an average of 349 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Channel Lake
There are currently 6 homes listed for sale in Channel Lake, Illinois.
Active listings
6
Homes on market
Avg. days on market
349
Days until sale
Explore nearby cities in IL
Frequently asked questions
What is the average home price in Channel Lake?
The median home sale price in Channel Lake is $590,000, up 116.5% from last year.
How long do homes stay on market in Channel Lake?
Homes typically spend 349 days on market before going under contract.
Is Channel Lake a buyer's or seller's market?
With 3.0 months of supply, Channel Lake is currently a leaning buyer's.
Get Channel Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.