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Housing in Lake Bluff

94 homes sold in Lake Bluff in the last year, at a typical $1.2M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Bluff homes are listed.

Homes sold
94
June 2025 to May 2026
Typical sale price
$1.2M
median, weighted by sales
Price per square foot
$422
Illinois $193
Paid vs. asking
100.3%
43% sold over asking
For sale now
22
May 2026 · 11 sold that month
What sold · last 12 months

Houses are 87% of Lake Bluff’s sales, at a typical $1.3M

94 homes sold in the year to May 2026.

Houses$1.3M

typical sale · 82 sold in 12 months

Per square foot
$422IL $180
Days to sell
55
Sold over asking
45%
Listings with a price cut
12%
Fewer sales

Townhouses: 6 sold, typical $681K
Condos: 6 sold, typical $1.7M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

94 sales in the last year, against 161 in 2021 and a low of 83 in 2023. The typical sale went from $563K in 2016 to $1.2M.

Homes soldTypical sale price
050100150200$625K$850K$1.1M$1.3M2012: 106 sold, typical $459K’122013: 115 sold, typical $567K2014: 114 sold, typical $637K’142015: 136 sold, typical $541K2016: 124 sold, typical $563K’162017: 123 sold, typical $603K2018: 125 sold, typical $583K’182019: 120 sold, typical $525K2020: 153 sold, typical $590K’202021: 161 sold, typical $647K2022: 120 sold, typical $769K’222023: 83 sold, typical $804K2024: 111 sold, typical $985K’242025: 85 sold, typical $1MLast 12 months: 94 sold, typical $1.2MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.2M buys in Lake Bluff

Houseat $422 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Lake Bluff homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lake Bluff are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Lake Bluff’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 94 sales.

If you’re buying in Lake Bluff

  • Shop in February. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Less room to haggle. Only 10% of listings cut their price, against 24% before the pandemic.
  • Bid near asking. Buyers paid 100.3% of the list price on average; 43% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 20 a month), but May is the most competitive: 22% of May sales close over asking. February and March offer nearly as much choice with fewer homes bid up (11%). October has the least competition (10%) but only about 10 new listings.

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 13 new listings a month, 12% sold over asking, 118 days to sellJFeb: 17 new listings a month, 11% sold over asking, 115 days to sellFMar: 16 new listings a month, 14% sold over asking, 106 days to sellMApr: 20 new listings a month, 17% sold over asking, 85 days to sellAMay: 17 new listings a month, 22% sold over asking, 72 days to sellMJun: 18 new listings a month, 20% sold over asking, 58 days to sellJJul: 14 new listings a month, 17% sold over asking, 75 days to sellJAug: 11 new listings a month, 13% sold over asking, 65 days to sellASep: 14 new listings a month, 18% sold over asking, 68 days to sellSOct: 10 new listings a month, 10% sold over asking, 80 days to sellONov: 7 new listings a month, 11% sold over asking, 68 days to sellNDec: 3 new listings a month, 10% sold over asking, 83 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than Illinois

Lake Bluff now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price43%5%22%37%
Gone within two weeksShare of homes under contract within 14 days52%22%40%46%
Listings with a price cutShare of homes for sale that cut their price10%24%21%19%
Price paid vs. askingAverage sale price ÷ list price100.3%95.3%98%99.2%
Days to sellMedian days from listing to contract671043249
Supply

20 homes for sale on a typical day

That’s 75% fewer than in 2017–19 and well under 2019’s 92.

2012: 60 for sale’122013: 49 for sale2014: 58 for sale2015: 63 for sale’152016: 68 for sale2017: 67 for sale2018: 80 for sale’182019: 92 for sale2020: 44 for sale2021: 26 for sale’212022: 28 for sale2023: 21 for sale2024: 23 for sale’242025: 24 for saleLast 12 months: 20 for saleNow
Room to negotiate

1 in 10 listings has cut its price

10% in the last year, against 24% in 2017–19 and 19% across Illinois.

2015: 22%’152016: 24%2017: 22%2018: 24%’182019: 25%2020: 24%2021: 21%’212022: 18%2023: 18%2024: 12%’242025: 9%Last 12 months: 10%Now
Prices by type

Since 2019, houses are up 129%, condos 1008%

A house typically sold for $1.3M in the last year (82 sales), a condo for $1.7M (6).

$525K$950K$1.4M$1.8M2013201520172019202120232025NowHouses 2013: $586K, 105 salesHouses 2014: $664K, 103 salesHouses 2015: $563K, 125 salesHouses 2016: $602K, 111 salesHouses 2017: $642K, 112 salesHouses 2018: $614K, 107 salesHouses 2019: $553K, 104 salesHouses 2020: $616K, 142 salesHouses 2021: $677K, 149 salesHouses 2022: $794K, 113 salesHouses 2023: $859K, 77 salesHouses 2024: $1.1M, 99 salesHouses 2025: $1.1M, 78 salesHouses last 12 months: $1.3M, 82 salesHouses $1.3MCondos 2014: $133K, 4 salesCondos 2018: $202K, 5 salesCondos 2019: $155K, 4 salesCondos 2021: $187K, 6 salesCondos last 12 months: $1.7M, 6 salesCondos $1.7M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Lake Bluff ranks 107th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lake Bluff is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Lake Bluff

Five things worth knowing

20

New listings in April

The month with the most choice. December has the fewest, about 3.

Best time to buy
A+

Schools

The schools grade for Lake Bluff, from test results, graduation and how much students grow.

Schools in Lake Bluff
28 min

Typical commute

The average one-way trip to work for people who live in Lake Bluff.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Knollwood, North Chicago, Green Oaks, Lake Forest, Highwood and Libertyville sell for less a square foot

The busier markets within 25 miles of Lake Bluff, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lake Forest316$1.2M$36935%60
Libertyville279$636K$27644%49
Lake Bluff94$1.2M$42243%67
North Chicago85$250K$18041%57
Green Oaks51$849K$27441%53
Highwood32$435K$25941%49
Knollwood23$493K$25452%68

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Bluff, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Bluff. People who follow the town see it, and so do people comparing Lake Bluff with their own town. No commission, no listing fee.

Questions about buying a home in Lake Bluff

What do homes sell for in Lake Bluff, IL?

94 homes sold in the year to May 2026 at a typical $1.2M, $422 a square foot.

Is Lake Bluff a buyer’s or seller’s market?

A seller’s market: 22 homes were for sale in May 2026 and 11 sold, about 2 months of supply. Buyers paid 100.3% of asking on average, and 10% of listings cut their price.

When is the best time to buy in Lake Bluff?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Lake Bluff?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Bluff’s MLS listings; the search links above open each one filtered to Lake Bluff.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).