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LAKE ZURICH, IL 60047

Real Estate Market Report  ·  Lake County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
112
⇧ 2.8% vs 109 last year
Pending
60
54% pending ratio
Median Price
$836,450
⇧ 11.5% vs $749,900 last year
Average Price
$872,134
⇩ 5.9% vs $926,529 last year
Days on Market
70
⇧ 6.1% vs 66 days last year

Market Context

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

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

Market Analysis

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

The LAKE ZURICH, IL real estate market (60047) currently shows 112 active listings, with 60 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70 days on market compared to 66 days last year.

The median listing price has risen 11.5% year-over-year, from $749,900 to $836,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 112 this year vs 109 last year
  • Days on market: 70 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $836,450 (+11.5% YoY)
  • Average: $872,134 (-5.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 844 listings ($723,586,921 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60047Lake Zurich, IL 600470.0 mi112$97,679,008$836,450$872,134
60061Vernon Hills, IL 600614.8 mi63$35,273,889$475,000$559,903
60074Palatine, IL 600744.9 mi61$25,832,036$265,000$423,476
60067Palatine, IL 600676.6 mi80$49,351,040$568,500$616,888
60010Barrington, IL 600107.0 mi135$190,215,135$1,095,000$1,409,001
60090Wheeling, IL 600908.0 mi80$24,952,800$299,000$311,910
60021Fox River Grove, IL 600218.8 mi11$4,410,527$382,400$400,957
60015Deerfield, IL 600159.0 mi45$46,467,675$759,450$1,032,615
60070Prospect Heights, IL 600709.1 mi34$11,828,566$249,500$347,899
60045Lake Forest, IL 600459.3 mi62$187,589,866$1,950,000$3,025,643
60195Schaumburg, IL 601959.7 mi3$658,500$219,500$219,500
60005Arlington Heights, IL 600059.9 mi53$21,017,044$259,900$396,548
60073Round Lake, IL 6007310.8 mi105$28,310,835$249,999$269,627

Frequently Asked Questions

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

As of January 2026, there are 112 active listings in LAKE ZURICH, IL (zip code 60047), compared to 109 the prior year.

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

The median listing price in LAKE ZURICH, IL 60047 is $836,450 as of January 2026, a 11.5% increase from $749,900 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 70 days on the market before going under contract, compared to 66 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 January 2026, LAKE ZURICH, IL 60047 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 66 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 $16,729 compared to a typical 5% commission on the median listing price of $836,450. 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.