Lake County, IL Housing Market Trends

Market Overview for Q4 2025

$355K 0.6% Y-o-Y $2K Y-o-Y
$206 3.5% Y-o-Y $7 Y-o-Y
1,212 -44.3% Y-o-Y -962 Y-o-Y
Lake County, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $307,000 $340,000 $320,000 $297,000
2023 $300,000 $360,000 $346,000 $320,000
2024 $330,000 $368,000 $365,000 $353,000
2025 $349,000 $405,000 $385,000 $355,000
Lake County, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $158 $171 $168 $164
2023 $166 $180 $184 $179
2024 $181 $197 $195 $199
2025 $199 $210 $210 $206
Real Estate Transactions in Lake County, IL
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 2,515 3,864 3,225 2,171
2023 1,823 2,715 2,729 2,002
2024 1,735 2,696 2,485 2,174
2025 1,736 2,741 2,528 1,212
Lake County, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $307,000 $340,000 $320,000 $297,000
2023 $300,000 $360,000 $346,000 $320,000
2024 $330,000 $368,000 $365,000 $353,000
2025 $349,000 $405,000 $385,000 $355,000
Lake County, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $158 $171 $168 $164
2023 $166 $180 $184 $179
2024 $181 $197 $195 $199
2025 $199 $210 $210 $206
Real Estate Transactions in Lake County, IL
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 2,515 3,864 3,225 2,171
2023 1,823 2,715 2,729 2,002
2024 1,735 2,696 2,485 2,174
2025 1,736 2,741 2,528 1,212

Lake County, IL Housing Stock

Property Type
Units
Single Family
4
Other
223,735

Lake County: Demographics

Total population
714,223
Median age
39.1
No high school education
4.6%
Some high school/college
27.3%
Bachelor's degree
25.7%
Average household income
$155,726
Occupied housing units
258,455
Owner-occupied units
74.8%
Renter-occupied units
25.2%
Median year structure built
1983

Discover City-Level Housing Market Prices and Trends in Lake County, IL

#
City
Median Sale Price