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Lake Zurich, IL 60047 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lake Zurich, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 3636PendingPending sales: 66
Lake Zurich, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $520k$520kSoldMedian sold price (last 6 months): $740k$740k
What homes actually sell for in Lake Zurich, IL
Distribution of 352 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $525k to $925k
$331k to $452k: 46 sales$331k$452k to $573k: 44 sales$573k to $694k: 46 sales$573k$694k to $816k: 62 sales62sales$816k to $937k: 52 sales$816k$937k to $1.06M: 24 sales$1.06M to $1.18M: 19 sales$1.06M$1.18M to $1.3M: 24 salesMedian $740k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 6 pending sales in ZIP code 60047. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $520,000, while the median of the 352 closed sales Resideline tracked over the last six months was $740,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 60047 for 48 days.

Frequently asked questions

What is the median home price in 60047?

The median closed sale price in Lake Zurich, IL 60047 was $740,000 over the last six months, based on 352 closed sales tracked by Resideline. The middle half of those sales ranged from $524,900 to $925,000.

Is 60047 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 36 active listings in 60047, a pending-to-active ratio of 0.17. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 60047 currently looks like a balanced market.

Nearby ZIP code market data

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