Do homes sell over asking in Lake County, IL?
In Lake County, IL, 51% of homes sold for more than the asking price during May 2026. The other 49% sold at or below what the seller asked.
Across all sales, the typical home fetched 101% of its asking price. That is above the asking price on average, which means bidding is still happening on the better homes.
13% of the homes on the market cut their price during the same stretch. A high number there and a low number above asking usually means sellers are starting too high.
A share this high means well-priced homes in Lake County, IL are still drawing competing offers. If you are buying, expect to need your best number first.
Source: Redfin's published market data for the Lake County, IL area, through May 2026.
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More about the Lake County, IL market
- When is the best month to sell a house in Lake County, IL?
- How long does it take to sell a house in Lake County, IL?
- Are home prices going up or down in Lake County, IL?
- Is Lake County, IL a buyer's market or a seller's market?
- How many homes are for sale in Lake County, IL?
- All Lake County, IL housing numbers
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Figures come from Redfin's published market data for the Lake County, IL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.