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Lake Zurich, IL 60047 Real Estate & Property Data

Lake Zurich, IL 60047 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 632 residential properties have been sold over the past 12 months in 60047. With a median sales price of $551,500 in 60047 and a total of 4 foreclosures in Lake Zurich, IL 60047. Discover market trends and get the granular level real estate data for Lake Zurich, IL 60047 to keep your pulse on the housing market. Curate compelling home reports for Lake Zurich, IL 60047 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lake Zurich, IL 60047 Real Estate Market Trends

Get property data for any address in Lake Zurich, IL 60047 or the country:

Total Residential Properties 14,625

Total Commercial Properties 665

Avg. Home Age (Single Family Home) 39 Years

Avg. Square Feet (Single Family Home) 2,701

Total 2024 Residential Sales (year-to-date) 60

% of Homes Seriously Underwater (Q2 2024) 0.56%

Total 2023 Residential Sales 624

% of Equity Rich Homes (Q2 2024) 46.85%

Effective 2023 Property Tax 1.95%

Total Foreclosure Filings (year-to-date) 9

Lake Zurich, IL 60047 Real Estate Overview

There were 632 residential properties sold in the past year in Lake Zurich, IL 60047. The median home value in Lake Zurich, IL 60047 is $578,928. There are a total of 14,625 residential properties in the 60047.

Median Sales Price i

$551,500

(Feb 2024)

+5%

year-over-year

y-o-y

February '24 Feb '24 $551,500
January '24 Jan '24 $430,000
December '23 Dec '23 $457,500
November '23 Nov '23 $553,000
October '23 Oct '23 $515,000
September '23 Sep '23 $590,500
August '23 Aug '23 $565,500
July '23 Jul '23 $599,500
June '23 Jun '23 $596,500
May '23 May '23 $542,000
April '23 Apr '23 $610,000
March '23 Mar '23 $462,500

Median Down Payment i

$147,000

(Feb 2024)

+50.4%

year-over-year

y-o-y

February '24 Feb '24 $147,000
January '24 Jan '24 $76,250
December '23 Dec '23 $82,000
November '23 Nov '23 $130,500
October '23 Oct '23 $106,150
September '23 Sep '23 $117,800
August '23 Aug '23 $131,044
July '23 Jul '23 $129,000
June '23 Jun '23 $116,700
May '23 May '23 $94,000
April '23 Apr '23 $125,000
March '23 Mar '23 $84,500

Number of Homes Sold i

26

(Feb 2024)

+4%

year-over-year

y-o-y

February '24 Feb '24 26
January '24 Jan '24 34
December '23 Dec '23 53
November '23 Nov '23 45
October '23 Oct '23 39
September '23 Sep '23 69
August '23 Aug '23 63
July '23 Jul '23 58
June '23 Jun '23 94
May '23 May '23 49
April '23 Apr '23 42
March '23 Mar '23 35

Number of Purchase Loans i

30

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 33
December '23 Dec '23 43
November '23 Nov '23 40
October '23 Oct '23 37
September '23 Sep '23 61
August '23 Aug '23 54
July '23 Jul '23 45
June '23 Jun '23 95
May '23 May '23 47
April '23 Apr '23 37
March '23 Mar '23 45

Number of REFI Loans i

21

(Feb 2024)

+110%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 20
December '23 Dec '23 5
November '23 Nov '23 14
October '23 Oct '23 20
September '23 Sep '23 7
August '23 Aug '23 9
July '23 Jul '23 10
June '23 Jun '23 20
May '23 May '23 11
April '23 Apr '23 13
March '23 Mar '23 21

Number of HELOC Loans i

13

(Feb 2024)

-27.8%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 20
December '23 Dec '23 17
November '23 Nov '23 21
October '23 Oct '23 17
September '23 Sep '23 27
August '23 Aug '23 29
July '23 Jul '23 19
June '23 Jun '23 14
May '23 May '23 21
April '23 Apr '23 19
March '23 Mar '23 15

Lake Zurich, IL 60047 Real Estate Market Overview

Last 30 days

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Lake Zurich, IL 60047 Foreclosure Activity

There were a total of 4 Lake Zurich, IL 60047 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

February '24 Feb '24 4
January '24 Jan '24 5
December '23 Dec '23 5
November '23 Nov '23 5
October '23 Oct '23 2
September '23 Sep '23 5
August '23 Aug '23 4
July '23 Jul '23 6
June '23 Jun '23 11
May '23 May '23 6
April '23 Apr '23 11
March '23 Mar '23 N/A

Foreclosure Starts i

4

(Feb 2024)

February '24 Feb '24 4
January '24 Jan '24 5
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 5
June '23 Jun '23 11
May '23 May '23 4
April '23 Apr '23 10
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 1

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