Market Overview
Home Prices in Lake in the Hills, IL
The median home value in Lake in the Hills, IL is $384,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake in the Hills are priced6% below average. Lake in the Hills is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Lake in the Hills home values have risen by approximately43.7%, reflecting strong long-term appreciation in this market.
Price History
Lake in the Hills Home Price Trend
City Comparison
Lake in the Hills vs. National Median
At $384,008, homes in Lake in the Hills cost 6% below the national median of $410,000. This makes Lake in the Hills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake in the Hills?
20% Down Payment
$76,802
on $384,008
Monthly P&I
$2,003/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,544/mo
incl. taxes & insurance
Income Needed
$101,760
gross annual (30% rule)
10% Down Option
$38,401
+ PMI applies
Loan Amount (20% dn)
$307,206
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake in the Hills, IL?
The median home value in Lake in the Hills is $384,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Lake in the Hills?
Over the past year, home values in Lake in the Hills have increased by 3.5%. Over five years, prices have risen approximately 43.7%.
How much do I need to earn to buy a home in Lake in the Hills?
To comfortably afford the median home price of $384,008 with a 20% down payment ($76,802) at today's rates (6.8%), you'd need a gross annual income of approximately $101,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake in the Hills compare to the national average home price?
The national median home value is approximately $410,000. At $384,008, homes in Lake in the Hills are 6% below the national average.
What metro area is Lake in the Hills part of?
Lake in the Hills is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.