Lake Zurich Housing Market Snapshot
All residential property types — detached single-family homes, attached townhomes and duplexes, and condominiums — in the Village of Lake Zurich, Illinois, for August 2026 and January-August 2026 year to date.
Lake Zurich is still a seller’s market — 1.5 months of supply, 20 days to contract, and homes closing at 100.6% of original list price.
Through August 2026, 177 homes have closed in the Village of Lake Zurich at an average price of $544,596 — up 10.8% from the same period last year, for $96.4M in total sales volume. Sellers brought 260 homes to market over the same stretch, up 2.4% year over year, and 187 went under contract.
The value signal underneath the headline price is the per-square-foot figure: $263 a square foot year to date, up 10.0% from a year ago. Homes are averaging 22 days on market and selling at 100.9% of original list price — the village is absorbing nearly everything that comes to market, at close to whatever the first list price says.
January-August 2026 at a Glance
Each figure is compared with the same year-to-date period in the prior year. Percentage measures move in percentage points.
August 2026 vs. August 2025
| Metric | August 2025 | August 2026 | Change |
|---|---|---|---|
| New Listings | 31 | 38 | +22.6% |
| Homes Under Contract | 19 | 16 | −15.8% |
| Closed Sales | 20 | 21 | +5.0% |
| Median Sale Price | $451,000 | $582,000 | +29.0% |
| Median Price / Sq Ft | $246 | $273 | +11.0% |
| Inventory of Homes for Sale | 25 | 30 | +20.0% |
| Months’ Supply of Inventory | 1.2 | 1.5 | +25.0% |
| Avg Days on Market | 13 | 20 | +53.8% |
| % of Original List Price Received | 100.8% | 100.6% | −0.2 pts |
Monthly medians for closed sales, actual data through August 2026. In a village that closes a couple dozen homes a month, single months swing on which homes happened to sell.
What This Means If You’re Buying or Selling in Lake Zurich
- 01
Sellers still set the terms
Under three months of supply is a seller’s market by any standard measure. Lake Zurich is running well under two. Sellers who prepare the home and price it to the comps are negotiating from strength, not hoping for a rescue.
- 02
Pricing right beats pricing high
Closings are landing right at original list price, which means the market pays full ask for correctly priced homes — and quietly ignores the ones that reach. An aggressive first number costs weeks, then costs the premium anyway.
- 03
Three weeks is a decision window, not a shopping season
At the current pace on market, a buyer who needs a weekend to think it over is a buyer who loses the house. Full pre-approval, a lender who answers the phone on Sunday, and a clear list of non-negotiables before touring are the price of admission.
- 04
Read the median with the sample size
Lake Zurich closes a couple dozen homes in a typical month, so a handful of lakefront or new-construction sales can swing the monthly median hard in either direction. Year-to-date average price and price per square foot are the steadier signals; one month is a data point, not a trend.
- 05
Inventory is loosening from a very low base
More homes are coming to market than a year ago, and month-end inventory is up with it. That is genuine relief for buyers who have been fighting over three listings at a time — but it is a thaw, not a shift in who holds the leverage.
- 06
Price per square foot is the cleanest comp
It strips out the size mix that distorts medians in a village with everything from lake cottages to 4,000-square-foot new builds. When per-square-foot values rise year over year, the appreciation is real appreciation — not just larger homes happening to sell.
Data from Midwest Real Estate Data LLC (MRED) via InfoSparks. All residential property types, Village of Lake Zurich.
Figures exclude seller concessions. Lake Zurich is a small market and single months can move sharply on a handful of closings — read monthly figures alongside the year-to-date trend.
Percent-of-original-list compares the sale price to the first list price, so it reflects the full pricing history of a listing, not the last reduction.
All residential property types, Village of Lake Zurich. Data through August 2026; retrieved 2026-09-09. This page reads the published figures at page load and refreshes as MRED publishes each month.
Ready to Make Your Move in Lake Zurich?
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