Lake County, IL home prices

Lake County, IL: the typical home is worth $396,803 as of 2026-05, up +6.0% over the past year and +116.4% since 2000. Listings run about $238/sq ft…

Data as of May 2026 · by the Real Estate Price Map data team · methodology & sources

1975: $44,186 → 2026: $396,803 (9.0×) pre-2000 estimated via FHFA index

Market read

At $396,803, homes in Lake County sit 151% above the Illinois median ($158,388) and 70% above the US median ($233,954). That ranks #3 of 102 Illinois counties by price.

Prices are holding steady (+6.0% in the last year) — a balanced market.

Homes here sell fast — a median 29 days on the market, with 12% of listings cutting their asking price.

At 3.7× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,959/mo to buy (P&I, 20% down) vs $2,221/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

Nearby counties

Cook County, IL ($334,930) · DuPage County, IL ($444,011) · Kenosha County, WI ($335,884) · McHenry County, IL ($368,900) · Kane County, IL ($382,854) · Racine County, WI ($316,886)