Market Update
Lake County & McHenry County Market Data
Here is what the numbers tell us about the local real estate market right now. I pull these figures from reliable sources so you can make informed decisions — without hype or pressure. Data last updated July 27, 2026.
Lake County, Illinois
June 2026 Market Data
Data sourced from Redfin and Freddie Mac. All comparisons are versus June 2025 unless noted.
| Metric | June 2026 |
|---|---|
| Median Home Sale Price | $443,748 |
| Pending Sales (Homes Sold) | 1,077 |
| Active Inventory | 3,251 listings |
| New Listings | ~1,154 |
| Average Days on Market | 46 days |
| Sold Above List Price | 51.1% of homes |
McHenry County, Illinois
Most Recent Available Data
Full monthly data for June 2026 was not yet available at the time this page was updated. The figures below reflect the most recent published data from Redfin and other sources. I will update this section as soon as new numbers are released.
| Metric | Most Recent Data |
|---|---|
| Median Home Sale Price | $369,000 |
| Median Price per Square Foot | $196 |
| Average Days on Market | ~49 days |
| Sale-to-List Price Ratio | ~100.1% |
| Active Inventory | ~1,378 listings |
Mortgage Rates
30-Year Fixed Mortgage Rate
30-Year Fixed (Freddie Mac PMMS)
6.49%
As of June 25, 2026. Rates remained relatively stable through June 2026, ranging between approximately 6.41% and 6.56% during the month.
Source: Freddie Mac Primary Mortgage Market Survey. Rates are for informational purposes only and may vary based on lender, credit profile, and loan terms.
What the Numbers Mean
A calm look at where the market stands
Here is what the numbers tell us. Lake County's market continues to show steady activity through the middle of 2026. The median sale price rose to $443,748 in June, which is up about 6% from a year ago and about 3.5% from May. That is a healthy, gradual climb, not a spike. Pending sales were up more than 13% year-over-year, and new listings jumped 17% compared to last June, which tells me more sellers are deciding now is the right time. Inventory is growing too, with more than 3,200 active listings, up about 5.6% from last year. That gives buyers more to choose from than they had at this time in 2025.
Over in McHenry County, the most recent data shows a median sale price around $369,000, up nearly 4% year-over-year. Homes there are selling at about 49 days on market, on average, and typically at or just above list price. The trend in McHenry County has been steadier and slightly more measured than Lake County, with prices rising at a more moderate pace. That makes sense given the two counties have different housing stock and market dynamics.
Mortgage rates stayed in the mid-6% range through June, which is where they have been for much of 2026. That is not low, but it is stable, and stability gives buyers and sellers something they can plan around. If you are thinking about buying or selling, the biggest takeaway is this: the market is active but not overheated. There is more inventory than a year ago, homes are selling at a reasonable pace, and prices are rising at a sustainable rate. That does not mean every situation is the same, of course. Your specific home, neighborhood, and timing all matter. But for someone looking to make a move, the conditions right now are more balanced than they have been in a while. If you have questions about what these numbers mean for your situation, I am here to talk it through with you. No pressure, just straight answers.
"I have seen a lot of markets over the last 50 years. What I like about this one is the balance. There is inventory, there is buyer demand, and there is time to make a thoughtful decision. That is a good place to be."
— Ron Rank
Want to talk about what these numbers mean for you?
Whether you are thinking about selling, buying, or just trying to understand the market, I am here to help. No pressure — just experienced guidance.