Is Lake In The Hills, IL 60156 a buyer’s or seller’s market?

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

Lake In The Hills is a seller’s market. With about 1.7 months of supply and 49% 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 score80/ 100

More competitive than 85% of U.S. ZIP codes, and #83 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 supply1.7Under 4 months = seller’s market
Sold above original list49.1%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$201▲ +9.1% vs. last year

The Lake In The Hills housing market right now

In the three months ending August 31, 2026, 49% of homes in Lake In The Hills, IL 60156 sold above their list price, the typical home went under contract in 41 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 115 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 53%, homes sold faster (45 days then) and the median sale price rose 5% to $369,790. Overall, Lake In The Hills is about as competitive as it was a year ago.

Within McHenry County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 76%. On our competition score, Lake In The Hills ranks #83 of 464 IL ZIP codes with enough sales (score 80 out of 100).

Nearby, buyers who want less competition could look at Union 60180 (0% sold over asking) or Richmond 60071 (8% sold over asking), while Ringwood 60072 (100% sold over asking) and Hebron 60034 (60% sold over asking) are even more competitive.

Nearby markets

Algonquin 60102Seller’s market $206 /sq ftCary 60013Seller’s market $190 /sq ftCrystal Lake 60012Seller’s market $198 /sq ftCrystal Lake 60014Seller’s market $193 /sq ft Browse all markets →

Where Lake In The Hills is

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Questions about Lake In The Hills real estate

Is Lake In The Hills a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in Lake In The Hills, IL 60156 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 In The Hills?

The typical home went under contract in 41 days in the latest three months.

Do homes in Lake In The Hills sell over asking?

49% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Lake In The Hills?

About 2.36% of a home’s value a year in McHenry County, or roughly $9,440 on a $400,000 home.

What is the median home price in Lake In The Hills?

The median sale price was $369,790 in the three months ending August 31, 2026, about $201 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