MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Lake County, Illinois.
July 2024’s data reveals a Median Sale Price of $430,000 for homes in Lake County. This figure represents a decline of 5.7% month-over-month and a 4.9% year-over-year increase.
A total of 649 homes were sold in the region, indicating an increase of 2.4% from last month and a rise of 3.3% when compared with a year ago.
The median time homes spent on the market was 48 days, which is up 1 day compared to last month and unchanged over the previous year.
Lake County’s Market Pulse Score currently stands at 119 indicating a rising trend for the market.
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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