Lake Zurich Market Report
$535,963
AVERAGE PRICE OF 75 HOMES$342,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,292,500
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$765,864
AVERAGE PRICE OF 17 NEWLY BUILT HOMES$484,450
AVERAGE PRICE OF 2 HOMES WITH A POOL$510,000
AVERAGE PRICE OF 1 REDUCED PRICE HOMESAverage Home
| Average Price | $535,963 |
| Avg Bedrooms | 2.77 beds |
| Avg Bathrooms | 2.53 baths |
Average Price by Bedrooms
| 2 bedrooms | $308,300 |
| 3 bedrooms | $544,422 |
| 4 bedrooms | $509,410 |
| 5 bedrooms | $567,760 |
Lake Zurich Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 66 | 65 | 68 | 71 | 76 |
| Average Price | $558,220 | $539,475 | $501,555 | $514,361 | $515,611 |
| Avg Price Change | +3.47% | +7.56% | -2.55% | -0.24% | -2.95% |
| Median Price | $504,981 | $495,446 | $431,585 | $458,885 | $467,336 |
| Med Price Change | +1.92% | +14.80% | -6.33% | -1.84% | -5.76% |
| Avg Bedrooms | 2.91 beds | 2.85 beds | 2.86 beds | 2.84 beds | 2.67 beds |
| Avg Bathrooms | 2.67 baths | 2.54 baths | 2.5 baths | 2.5 baths | 2.47 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Adlai E Stevenson High School | 1 | $579,900 | 26 days |
| Lake Zurich High School | 52 | $477,947 | 137 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 75 | $535,963 | 130 days |
| Distressed Homes | 2 | $342,000 | 39 days |
| Multi-Million Dollar Homes | 4 | $1,292,500 | 97 days |
| Newly Built Homes | 17 | $765,864 | 296 days |
| Homes with a Pool | 2 | $484,450 | 28 days |
| Reduced Price Homes | 1 | $510,000 | 39 days |
