Lake County, IL Housing Market Update: July 2026

Key Takeaways Lake County prices surged nearly triple the national pace in July. The median sale price rose 9% year over year to $433,728, far outstripping the national rate of about 3%. Homes sold two days faster than a year ago and pending sales climbed 8% year over year, even as active listings grew 6% and new listings jumped 14%. Nearly half of homes sold above list price, and supply sat at just 2.4 months, signaling continued seller control despite the influx of fresh inventory. Lake County, IL Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $433,728 (+8.6% YoY) 970 (+8.0% YoY) 3,210 (+6.3% YoY) 47 days (-2 days YoY) 48.3% (+0.8 ppt YoY) Lake County’s housing market accelerated in July. Prices posted their fastest annual gain in over two years, homes went under contract two days faster than last summer, and pending sales rose by nearly double digits. A 14% jump in new listings gave buyers more choices, but demand absorbed the fresh supply so quickly that months of supply held flat at just 2.4—keeping sellers firmly in control. Learn everything you need to know about the Lake County, IL housing market heading into late summ...