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Featured local agent — Lake Zurich, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Lake Zurich, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lake Zurich, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lake Zurich, IL Housing Market & Real Estate

Seller's market+20.2% YoY

Housing market overview · Updated monthly ·

$560,000median sale price

How is the Lake Zurich, IL housing market right now?

The median home sale price in Lake Zurich, IL is $560,000, up 20.2% year-over-year. Homes sell in an average of 38 days with 54 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 Zurich a buyer's or seller's market?

Seller's market3.6 months of supply38 avg. days on market

Lake Zurich, IL is currently a seller's market, based on 3.6 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

15

Last 12 weeks

Days on market

38

Average pace

Active listings

54

3.6 months supply

Sale-to-list

105.5%

Above asking

What does the Lake Zurich housing market data show?

Current housing market statistics for Lake Zurich, IL
MetricValue
Median sale price$560,000
Median list price$525,000
Year-over-year price change+20.2%
Average days on market38 days
Active inventory54 listings
Months of supply3.6 months
Sale-to-list price ratio105.5%
Median price per sq ft$280/sq ft
Homes sold (latest month)15
New listings (latest month)36
Listings with a price cut7.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Lake Zurich by property type?

How the Lake Zurich, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lake Zurich, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$577,000$285/sq ft1338 days
Condo / Co-op$315,000$200/sq ft154 days
Townhouse$430,000$188/sq ft246 days

Source: Redfin · Updated monthly

The Lake Zurich housing market is currently classified as a seller's market with a median sale price of $560,000. Prices have risen 20.2% compared to last year, with homes spending an average of 38 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 3.6x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Lake Zurich

There are currently 54 homes listed for sale in Lake Zurich, Illinois. The median listing price is $525K.

Active listings

54

Homes on market

Median list price

$525K

Avg. days on market

38

Days until sale

New this week

36

Newly listed

Price drops:7.4%of listings
Sale-to-list:105.5%

Who lives in Lake Zurich?

Population

19,727

Median income

$139,959/yr

Median age

41.3 years

Owner-occupied

80.2%

College grads

61.2%

Avg commute

28.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Lake Zurich?

Zillow home value

$506,077

Zillow rent index

$2,917/mo

Price-to-rent ratio

14.5x

Price-to-income

3.6x

Source: Zillow Research

What is it like to live in Lake Zurich?

Lake Zurich is a community of approximately 20K residents with a median age of 41.3 years.The median household income is $139,959, which reflects a relatively affluent area with strong earning potential. 61.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Zurich offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lake Zurich?

5 schools tracked · 4,028 students

The largest public schools serving Lake Zurich, 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.

Lake Zurich High School

Grades 9-12 · 1,802 students

Public

May Whitney Elem School

Grades PK-5 · 685 students

Public

Lake Zurich Middle - S Campus

Grades 6-8 · 604 students

Public

Isaac Fox Elementary School

Grades K-5 · 511 students

Public

Sarah Adams Elementary School

Grades K-5 · 426 students

Public

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 Zurich, IL?

Want a head-to-head view? Compare Lake Zurich side-by-side with any other U.S. city using our market-comparison tool.

Is Lake Zurich a good real estate investment market?

For investors evaluating Lake Zurich, the price-to-rent ratio of 14.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 20.2% 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 Zurich's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake Zurich's median home price.

Frequently asked questions

What is the average home price in Lake Zurich?

The median home sale price in Lake Zurich is $560,000, up 20.2% from last year.

How long do homes stay on market in Lake Zurich?

Homes typically spend 38 days on market before going under contract.

What is the median income in Lake Zurich?

The median household income is $139,959 per year.

Is Lake Zurich a buyer's or seller's market?

With 3.6 months of supply, Lake Zurich is currently a seller's market.

What is the Zillow home value estimate for Lake Zurich?

The Zillow Home Value Index (ZHVI) for Lake Zurich is $506,077, representing the typical home value in the area.

What is the median condo price in Lake Zurich?

The median condo/co-op sale price in Lake Zurich, IL is $315,000, compared to $577,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lake Zurich?

The median single-family home price in Lake Zurich, IL is $577,000 (about $285 per square foot).

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