In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Lake County, Illinois.
The report shows that the Median Sale Price in Lake County reached $435,000 as of August 2024, marking an increase of 1.2% over the previous month and a 7.4% rise compared to a year ago.
The region reported 589 home sales, marking a reduction of 9.4% from the prior month, and 14.8% decrease year-over-year.
Additionally, the Median Days on Market for listings was observed at 49 days, 1 day longer compared to the previous month and shorter by 1 day from last year.
With a Market Pulse Score of 118, the analysis suggests a rising trend in Lake County’s housing market momentum.
For more information about the Lake County, Illinois market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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