The Q1 2025 real estate snapshot for Lake County, Illinois, reveals a market showing signs of subtle change with both gains and slight declines across various metrics. Overall, the number of properties sold dipped slightly by 0.48%, while the average sold price increased by 1.98%, and the average list price rose by 1.97%, indicating modest appreciation in home values. Interestingly, the median sold price fell marginally by 0.28%, though the median list price edged up by 1.12%. New listings increased by 1.25%, while the list-to-sell price ratio remained virtually unchanged at -0.07%. Notably, the median days on market jumped 16.67%, suggesting homes are taking longer to sell compared to Q1 2024. Local data highlights Antioch’s steady activity with a 22% rise in new listings and a 23% increase in median sold price. In contrast, Bannockburn saw no change in sales volume but experienced a 43% increase in median sold price, signaling a strong luxury segment. Overall, the market reflects stable pricing with a slight slowdown in buyer activity Click graphic below for more infomation.