Photo: MinimalRM · CC BY-SA 3.0214 homes sold in Lake Zurich in the last year, at a typical $517K
About one sale in 6 is a condo. 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 Zurich homes are listed.
Every place Lake Zurich homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Zurich.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 82% of Lake Zurich’s sales, at a typical $535K (year to May 2026)
214 homes sold in the year to September 2026.
typical sale · 172 sold in the year to May 2026
- Per square foot
- $255IL $180
- Days to sell
- 48
- Sold over asking
- 62%
- Listings with a price cut
- 13%
Townhouses: 30 sold, typical $393K
Condos: 7 sold, typical $316K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
214 sales in the last year, against 387 in 2021 and a low of 202 in 2025. The typical sale went from $309K in 2016 to $517K.
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 $500K buys in Lake Zurich
Check a listing against what Lake Zurich 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.
Bidding wars in Lake Zurich are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Lake Zurich’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 September 2026, 214 sales.
If you’re buying in Lake Zurich
- Shop in March. It brings about 37 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Bid near asking. Buyers paid 101.7% of the list price on average; 60% paid over.
- Move fast on good ones. Two thirds of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 43 a month), but July is the most competitive: 33% of July sales close over asking. March and April offer nearly as much choice with fewer homes bid up (30%). January has the least competition (14%) but only about 20 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Illinois
| Lake Zurich now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 60% | 10% | 43% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 64% | 33% | 58% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 101.7% | 97.3% | 99.9% | 99% |
| Days to sellMedian days from listing to contract | 48 | 73 | 13 | 51 |
38 homes for sale on a typical day
That’s 63% fewer than in 2017–19 and well under 2019’s 112.
Since 2019, houses are up 59%, condos 45%
A house typically sold for $535K in the year to May 2026 (172 sales), a condo for $316K (7).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lake Zurich ranks 1st of 327 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lake Zurich is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Zurich home costs about $3,610 a month
Price: Lake Zurich’s typical sale, last 12 months. Property tax at Lake Zurich’s 2.1% (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 Zurich is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 11.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $517K home, about $10,950 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Zurich, from test results, graduation and how much students grow.
Schools in Lake ZurichTypical commute
The average one-way trip to work for people who live in Lake Zurich.
Work & commuteCheck 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 hazardsLook 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.
Forest Lake, North Barrington and Hawthorn Woods sell for less a square foot
The busier markets within 25 miles of Lake Zurich, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lake Zurich | 214 | $517K | $262 | 60% | 48 |
| Barrington | 205 | $632K | $267 | 28% | 54 |
| Hawthorn Woods | 144 | $770K | $244 | 34% | 89 |
| Kildeer | 83 | $899K | $287 | 46% | 99 |
| North Barrington | 53 | $885K | $239 | 30% | 62 |
| Deer Park | 42 | $734K | $260 | 59% | 61 |
| Forest Lake | 25 | $457K | $240 | 37% | 62 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lake Zurich, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Zurich. People who follow the town see it, and so do people comparing Lake Zurich with their own town. No commission, no listing fee.
Questions about buying a home in Lake Zurich
What do homes sell for in Lake Zurich, IL?
214 homes sold in the year to September 2026 at a typical $517K, $262 a square foot.
Is Lake Zurich a buyer’s or seller’s market?
A seller’s market: 35 homes were for sale in September 2026 and 20 sold, about 1.8 months of supply. Buyers paid 101.7% of asking on average.
When is the best time to buy in Lake Zurich?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Zurich?
About 2.1% of a home’s value a year. On a $517K home that’s near $10,950.
Where can I see homes for sale in Lake Zurich?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Zurich’s MLS listings; the search links above open each one filtered to Lake Zurich.
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).