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Featured local agent — Lake Zurich, IL
Sarah Mitchell
Compass Real Estate · Lake Zurich, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Zurich, IL Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $525,000 |
| Year-over-year price change | +20.2% |
| Average days on market | 38 days |
| Active inventory | 54 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 105.5% |
| Median price per sq ft | $280/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 36 |
| Listings with a price cut | 7.4% |
| Market condition | Seller'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $577,000 | $285/sq ft | 13 | 38 days |
| Condo / Co-op | $315,000 | $200/sq ft | 1 | 54 days |
| Townhouse | $430,000 | $188/sq ft | 2 | 46 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
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
May Whitney Elem School
Grades PK-5 · 685 students
Lake Zurich Middle - S Campus
Grades 6-8 · 604 students
Isaac Fox Elementary School
Grades K-5 · 511 students
Sarah Adams Elementary School
Grades K-5 · 426 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 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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