The Lake County housing market continues to show steady momentum heading into the end of 2025.

• The median home price across Lake County is now around $365,000, up 5–7% year-over-year.

• Homes are averaging 42–50 days on market, depending on price point and location.

• Inventory remains tight, with fewer new listings compared to last fall, especially in high-demand areas like Grayslake, Libertyville, Lake Zurich, and Gurnee.

• Interest rates have stabilized slightly, motivating more buyers to re-enter the market this fall.

These numbers reflect a market that’s still strong and competitive, but with a touch more breathing room for buyers than in the early spring surge.

What’s Driving the Market

1. Low Inventory, Steady Demand
Even with slight price moderation in some towns, the limited supply of homes continues to support values. Well-priced homes are still attracting multiple offers—especially updated properties in desirable school districts or with proximity to commuter routes.

2. Lifestyle-Driven Moves
Many Lake County buyers are prioritizing space, community amenities, and access to nature. Towns like Antioch, Grayslake, and Round Lake are seeing renewed interest from Chicago buyers looking for more room to grow without losing easy access to the city.

3. New Construction Trends
Several communities, including Hawthorn Woods and Lake Villa, are expanding new construction options. Builders are responding to demand for energy-efficient designs, home offices, and flexible layouts that meet post-pandemic lifestyle shifts.

Community Spotlight: Grayslake and Libertyville

Grayslake continues to be one of the most sought-after communities in central Lake County, offering a charming downtown, great schools, and convenient Metra access. Homes under $400K are moving quickly, particularly those in College Trail and Prairie Crossing.

Libertyville remains a favorite for buyers seeking historic character, boutique shopping, and a vibrant downtown dining scene. Inventory here is limited, but homes that combine walkability with modern updates are in high demand.

What to Watch Heading Into 2026

• Interest Rates – While rates remain higher than the record lows of 2021–2022, stabilization is helping restore buyer confidence.

• Tax Reassessments – Many Lake County homeowners have seen assessment increases in 2025. Staying informed on property tax appeals will be key to managing long-term costs.

• Buyer Preferences – Neutral paint tones, energy efficiency, and home office spaces remain top of the list for 2026 buyers.

• Investment Opportunities – Lake County’s rental market continues to perform well, attracting investors focused on long-term stability and appreciation.

If you’re thinking about buying, selling, or investing in Lake County, now is the perfect time to review your real estate goals. Market conditions are shifting, and having an experienced local team can help you navigate your next move with confidence.