Lake Zurich, IL

Seller's market-7.7% YoY

Housing market overview · Updated weekly

$432,500median sale price

Homes sold

16

Last 12 weeks

Days on market

47

Average pace

Active listings

40

2.5 months supply

Sale-to-list

102.2%

Above asking

The Lake Zurich housing market is currently classified as a seller's market with a median sale price of $432,500. Prices have fallen 7.7% compared to last year, with homes spending an average of 47 days on market, indicating 2.5 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 Lake Zurich

There are currently 40 homes listed for sale in Lake Zurich, Illinois. The median listing price is $515K.

Active listings

40

Homes on market

Median list price

$515K

Avg. days on market

47

Days until sale

New this week

22

Newly listed

Price drops:7.5%of listings
Sale-to-list:102.2%

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Frequently asked questions

What is the average home price in Lake Zurich?

The median home sale price in Lake Zurich is $432,500, down 7.7% from last year.

How long do homes stay on market in Lake Zurich?

Homes typically spend 47 days on market before going under contract.

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

With 2.5 months of supply, Lake Zurich is currently a seller's market.

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