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Featured local agent — Lake in the Hills, IL
Sarah Mitchell
Compass Real Estate · Lake in the Hills, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake in the Hills, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$430,000median sale price
How is the Lake in the Hills, IL housing market right now?
The median home sale price in Lake in the Hills, IL is $430,000, up 8.5% year-over-year. Homes sell in an average of 44 days with 76 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake in the Hills a buyer's or seller's market?
Lake in the Hills, IL is currently a seller's market, based on 3.6 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
44
Average pace
Active listings
76
3.6 months supply
Sale-to-list
102.3%
Above asking
What does the Lake in the Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $373,950 |
| Year-over-year price change | +8.5% |
| Average days on market | 44 days |
| Active inventory | 76 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 46 |
| Listings with a price cut | 9.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake in the Hills by property type?
How the Lake in the Hills, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $470,000 | $215/sq ft | 15 | 50 days |
| Condo / Co-op | $263,000 | $201/sq ft | 1 | 2 days |
| Townhouse | $367,000 | $204/sq ft | 5 | 42 days |
Source: Redfin · Updated monthly
The Lake in the Hills housing market is currently classified as a seller's market with a median sale price of $430,000. Prices have risen 8.5% compared to last year, with homes spending an average of 44 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lake in the Hills
There are currently 76 homes listed for sale in Lake in the Hills, Illinois. The median listing price is $374K.
Active listings
76
Homes on market
Median list price
$374K
Avg. days on market
44
Days until sale
New this week
46
Newly listed
Who lives in Lake in the Hills?
Population
28,853
Median income
$113,491/yr
Median age
36.6 years
Owner-occupied
84.5%
College grads
36.7%
Avg commute
32.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake in the Hills?
Zillow home value
$380,934
Zillow rent index
$2,221/mo
Price-to-rent ratio
14.3x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Lake in the Hills?
Lake in the Hills is a community of approximately 29K residents with a median age of 36.6 years.The median household income is $113,491, which reflects a relatively affluent area with strong earning potential. 36.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake in the Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake in the Hills?
4 schools tracked · 3,134 students
The largest public schools serving Lake in the Hills, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Marlowe Middle School
Grades 6-8 · 1,237 students
Martin Elementary School
Grades 3-5 · 764 students
Chesak Elementary School
Grades K-2 · 665 students
Lincoln Prairie Elem School
Grades PK-5 · 468 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake in the Hills, IL?
Want a head-to-head view? Compare Lake in the Hills side-by-side with any other U.S. city using our market-comparison tool.
Is Lake in the Hills a good real estate investment market?
For investors evaluating Lake in the Hills, the price-to-rent ratio of 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 8.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lake in the Hills's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake in the Hills's median home price.
Frequently asked questions
What is the average home price in Lake in the Hills?
The median home sale price in Lake in the Hills is $430,000, up 8.5% from last year.
How long do homes stay on market in Lake in the Hills?
Homes typically spend 44 days on market before going under contract.
What is the median income in Lake in the Hills?
The median household income is $113,491 per year.
Is Lake in the Hills a buyer's or seller's market?
With 3.6 months of supply, Lake in the Hills is currently a seller's market.
What is the Zillow home value estimate for Lake in the Hills?
The Zillow Home Value Index (ZHVI) for Lake in the Hills is $380,934, representing the typical home value in the area.
What is the median condo price in Lake in the Hills?
The median condo/co-op sale price in Lake in the Hills, IL is $263,000, compared to $470,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake in the Hills?
The median single-family home price in Lake in the Hills, IL is $470,000 (about $215 per square foot).
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