In its November 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 $415,000 as of November 2024, marking an increase of 5.7% over the previous month and a 14.9% rise compared to a year ago.

During this period, 427 homes were sold in the area, reflecting a decrease 18.2% compared to the month beforeand and a decrease of 3.0% from the same month in the previous year.

Furthermore, homes in Lake County were on the market for an average of 54 days before selling, reflecting an increase of 2 days days month-over-month and unchanged of day year-over-year.

With a Market Pulse Score of 97, the analysis suggests a falling 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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Lake County, Illinois.

For November 2024, the data showcases a Median Sale Price of $415,000 in Lake County, a rise of 5.7% from the last month and an increase 14.9% from the same period the previous year.

A total of 427 homes were sold in the region, indicating a decrease of 18.2% from last month and a drop of 3.0% when compared with a year ago.

Homes remained on the market for a median of 54 days, which is up 2 days from the month before and unchanged from the previous year.

Currently, with a Market Pulse Score of 97, Lake County’s real estate market appears to be experiencing a downtrend.

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.

MyMarketPulse – What the Pros Know