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Acorn Acres Ancient Oaks Beacon Hill Beaver Creek Bishops Ridge Boschome Brierwoods Cedar Creek Copperfield Countryside East Creekside of Long Grove Elmwood Estates of Stone Creek Farmington Foxborough Estates Hawthorn Knolls Heather Highlands Herons Crossing Hickory Hills Hidden Valley Highview Indian Creek Country Estates Lake Zurich Estates Lake Zurich Highlands Long Grove Valley Marden Estates Meadowridge Old Mill Grove Pepper Tree Pheasant Knolls Pine Lake Circle Pine Valley Ponds Prairie Creek Quail Run Quentin Corners Rambling Hills Rambling Hills East Rambling Hills West Staples Corner Tall Oaks The Meadows The Woodland Tiffany Estates Timber Trails White Birch Lakes Woodland Estates

LAKE ZURICH, IL 60047

Real Estate Market Report  ·  Lake County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60047

Acorn Acres · Ancient Oaks · Beacon Hill · Beaver Creek · Bishops Ridge · Boschome · Brierwoods · Cedar Creek · Copperfield · Countryside East · Creekside of Long Grove · Elmwood · Estates of Stone Creek · Farmington · Foxborough Estates · Hawthorn Knolls · Heather Highlands · Herons Crossing · Hickory Hills · Hidden Valley · Highview · Indian Creek Country Estates · Lake Zurich Estates · Lake Zurich Highlands · Long Grove Valley · Marden Estates · Meadowridge · Old Mill Grove · Pepper Tree · Pheasant Knolls · Pine Lake Circle · Pine Valley · Ponds · Prairie Creek · Quail Run · Quentin Corners · Rambling Hills · Rambling Hills East · Rambling Hills West · Staples Corner · Tall Oaks · The Meadows · The Woodland · Tiffany Estates · Timber Trails · White Birch Lakes · Woodland Estates

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKE ZURICH, IL real estate market (60047) currently shows 141 active listings, with 77 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 42 days last year.

The median listing price has risen 12.3% year-over-year, from $756,460 to $849,500.

Whether you are buying or selling in LAKE ZURICH, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,750  ·  Density: 484.4/mi²  ·  Median household income: $167,358

Typical home value: $490,737  ·  Homeownership: 90.2%

Market Overview

Active Listings
141
⇩ 2.8% vs 145 last year
Pending
77
55% pending ratio
Median Price
$849,500
⇧ 12.3% vs $756,460 last year
Average Price
$948,617
⇧ 1.9% vs $931,267 last year
Days on Market
26
⇩ 38.1% vs 42 days last year

Price Per Square Foot

Median $/sqft
$276
⇧ 7.4% vs $257/sqft last year
Median Home Size
3,026 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 141 this year vs 145 last year
  • Days on market: 26 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $849,500 (+12.3% YoY)
  • Average: $948,617 (+1.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 914 listings ($792,625,340 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60047Lake Zurich, IL 600470.0 mi126$112,419,720$829,925$892,220
60061Vernon Hills, IL 600614.8 mi62$34,048,292$455,000$549,166
60074Palatine, IL 600744.9 mi67$29,664,987$296,975$442,761
60067Palatine, IL 600676.6 mi87$54,347,421$589,750$624,683
60010Barrington, IL 600107.0 mi139$206,048,596$1,137,000$1,482,364
60090Wheeling, IL 600908.0 mi91$28,409,472$293,450$312,192
60021Fox River Grove, IL 600218.8 mi9$4,104,729$464,975$456,081
60015Deerfield, IL 600159.0 mi60$65,917,080$812,000$1,098,618
60070Prospect Heights, IL 600709.1 mi34$11,799,564$222,500$347,046
60045Lake Forest, IL 600459.3 mi66$185,495,310$1,949,375$2,810,535
60195Schaumburg, IL 601959.7 mi3$750,000$250,000$250,000
60005Arlington Heights, IL 600059.9 mi57$27,156,738$349,725$476,434
60073Round Lake, IL 6007310.8 mi113$32,463,431$263,000$287,287

Frequently Asked Questions

How many homes are for sale in LAKE ZURICH, IL 60047?

As of March 2026, there are 141 active listings in LAKE ZURICH, IL (zip code 60047), compared to 145 the prior year.

What is the median home price in LAKE ZURICH, IL 60047?

The median listing price in LAKE ZURICH, IL 60047 is $849,500 as of March 2026, a 12.3% increase from $756,460 the prior year.

How long do homes stay on the market in LAKE ZURICH, IL?

Homes in LAKE ZURICH, IL 60047 spend an average of 26 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in LAKE ZURICH, IL 60047?

Based on current inventory and days-on-market data as of March 2026, LAKE ZURICH, IL 60047 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 42 days last year.

How much can I save on real estate commission in LAKE ZURICH, IL?

With SELL123.com's maximum 3% commission, sellers in LAKE ZURICH, IL 60047 save an estimated $16,990 compared to a typical 5% commission on the median listing price of $849,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.