Altos Market Data for Realtors

Lake in the Hills, IL

Single-Family Homes

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Lake in the Hills, IL

Fri Mar 29 2024
This week the median list price for Lake in the Hills, IL is $315,900 with the market action index hovering around 70. This is an increase over last month's market action index of 68. Inventory has held steady at or around 9. Click here to stay informed with the Lake in the Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lake in the Hills, IL

Fri Mar 29 2024
This week the median list price for Lake in the Hills, IL is $315,900 with the market action index hovering around 70. This is an increase over last month's market action index of 68. Inventory has held steady at or around 9. Click here to stay informed with the Lake in the Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lake in the Hills market.
Median List Price $315,900
Median Price of New Listings $265,000
Per Square Foot $195
Average Days on Market 198
Median Days on Market 35
Price Decreased 44%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 70
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$834,950 3,949 0.25 - 0.5 acre 4 4.3 13 0 0 749
$467,450 2,570 0.25 - 0.5 acre 3 2.8 27 0 2 63
$307,950 1,626 4,500 - 6,500 sqft 3 2 32 0 1 10
$275,000 1,102 0.25 - 0.5 acre 4 1.5 54 1 1 35