Is Lake Bluff, IL 60044 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lake Bluff is a seller’s market. With about 1.5 months of supply and 37% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score73/ 100

More competitive than 77% of U.S. ZIP codes, and #167 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.5Under 4 months = seller’s market
Sold above original list37%Share of sales, last 3 months
Median sale-to-list101.2%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$331▲ +16.8% vs. last year

The Lake Bluff housing market right now

In the three months ending August 31, 2026, 37% of homes in Lake Bluff, IL 60044 sold above their list price, the typical home went under contract in 51 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 56 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 46%, homes sold more slowly (41 days then) and the median sale price rose 7% to $769,167. Overall, Lake Bluff is less competitive than a year ago, which gives buyers more room.

Within Lake County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Lake Bluff ranks #167 of 464 IL ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Fox Lake 60020 (26% sold over asking) or Highwood 60040 (33% sold over asking), while North Chicago 60064 (58% sold over asking) and Zion 60099 (54% sold over asking) are even more competitive.

Nearby markets

Antioch 60002Seller’s market $184 /sq ftBuffalo Grove 60089Seller’s market $245 /sq ftDeerfield 60015Seller’s market $302 /sq ftFox Lake 60020Seller’s market $185 /sq ft Browse all markets →

Where Lake Bluff is

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Questions about Lake Bluff real estate

Is Lake Bluff a buyer’s or seller’s market?

A seller’s market: there were 1.5 months of supply in Lake Bluff, IL 60044 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lake Bluff?

The typical home went under contract in 51 days in the latest three months.

Do homes in Lake Bluff sell over asking?

37% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.

What are property taxes in Lake Bluff?

About 2.58% of a home’s value a year in Lake County, or roughly $10,320 on a $400,000 home.

What is the median home price in Lake Bluff?

The median sale price was $769,167 in the three months ending August 31, 2026, about $331 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology