Lake County, IL Housing Market Brief
county · IL · as of May 2026
What is Lake County, IL’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Lake County, IL in its market cycle?
Lake County, IL is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Lake County, IL housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $434K | ▲ +6% |
| Median Days on Market | 45 days | ▼ -6.2% |
| Months of Supply | 2.6 | 0% |
| Homes for Sale | 2,055 | ▼ -2.4% |
| Homes Sold | 777 | ▼ -4.5% |
| Median Price / Sq Ft | $233 | ▲ +9.8% |
| Sale-to-List Ratio | 101.5% | ▲ +1% |
How has Lake County, IL’s Alpha Score moved?
Markets like Lake County, IL
Frequently asked questions
Is Lake County, IL a buyer's or seller's market?
As of May 2026, Lake County, IL is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Lake County, IL?
The median sale price in Lake County, IL is $434K, having risen 6% over the past year.
How affordable is Lake County, IL?
Lake County, IL scores 41 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Lake County, IL's Alpha Score?
Lake County, IL's strongest dimension is Price Momentum (82/100) and its weakest is Rental Yield (40/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Lake County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.