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Housing in Lake Catherine

19 homes sold in Lake Catherine in the last year, at a typical $290K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Lake Catherine homes are listed.

Homes for sale in Lake CatherineZillowRedfinRealtor.comMore places to look ↓
Homes sold
19
October 2025 to September 2026
Typical sale price
$290K
median, weighted by sales
Price per square foot
$201
Illinois $193
Paid vs. asking
99.6%
41% sold over asking
For sale now
4
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Lake Catherine’s sales, at a typical $276K (year to May 2026)

19 homes sold in the year to September 2026.

Houses$276K

typical sale · 26 sold in the year to May 2026

Per square foot
$201IL $180
Days to sell
72
Sold over asking
58%
Listings with a price cut
31%
10 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

19 sales in the last year, against 41 in 2021 and a low of 20 in 2022. The typical sale went from $185K in 2016 to $290K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2014: 23 sold, typical $135K’142016: 21 sold, typical $185K2017: 27 sold, typical $153K’172018: 32 sold, typical $234K2020: 26 sold, typical $177K’202021: 41 sold, typical $269K2022: 20 sold, typical $332K’222023: 26 sold, typical $262K2024: 29 sold, typical $256K’242025: 30 sold, typical $268KLast 12 months: 19 sold, typical $290KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in Lake Catherine

Houseat $201 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lake Catherine 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.

Rent or buy?

Owning the typical Lake Catherine home costs about $2,191 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Catherine’s typical sale, last 12 months. Property tax at Lake Catherine’s 2.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Catherine is affordable on local pay is on Cost of living.

Before you buy in Lake Catherine

Four things worth knowing

2.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $290K home, about $8,120 a year.

Taxes vs. neighbors
33 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Lake Catherine, free

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

Questions about buying a home in Lake Catherine

What do homes sell for in Lake Catherine, IL?

19 homes sold in the year to September 2026 at a typical $290K, $201 a square foot.

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

A seller’s market: 4 homes were for sale in September 2026 and 2 sold, about 1.5 months of supply. Buyers paid 99.6% of asking on average.

How much are property taxes in Lake Catherine?

About 2.8% of a home’s value a year. On a $290K home that’s near $8,120.

Where can I see homes for sale in Lake Catherine?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).