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Lake in the Hills, IL

Full City Profile · Illinois · McHenry County County

3.6 /5.0
B+ Good
28,853 Population 2,826/sq mi density
$113,491 Median Income $43,795 per capita
$296,400 Home Value $363,715 Zillow
$1,634 Median Rent 32.5% income on rent
49°F Avg Temperature 260 sunny days/yr
66 Violent Crime/100K 364 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$113,491 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$296,400 home value, $1,634/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
B+
Education
3.9 / 5.0
36.7% bachelor's degree or higher

Housing Overview

Median Home Value
$296,400
5% above
US avg: $281,900
Median Rent
$1,634/mo
40% above
US avg: $1,163/mo
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
10,071
Median year built: 1995

Home Value by Source

Census Median
$296,400
Zillow (ZHVI)
$363,715
Median Sale Price
$358,500
Median List Price
$384,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.5%
Owner-Occupied
15.5%
Renter-Occupied
85%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,634/mo · Zillow rent: $2,247/mo

Market Indicators (Redfin)

Median Days on Market
55 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$172
Active Inventory
52
homes for sale

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
84.5%

Complete Housing Data

Home Values

Census Median Value$296,400
Zillow Home Value (ZHVI)$363,715
Median Sale Price$358,500
Median List Price$384,950
Price Per Sq Ft$172

Rent

Census Median Rent$1,634
Zillow Rent (ZORI)$2,247
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market55
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold16
Active Inventory52
Price Per Sq Ft$172

Ownership & Stock

Owner-Occupied84.5%
Renter-Occupied15.5%
Homeownership Rate84.5%
Total Housing Units10,071
Median Year Built1995
Rent Burden32.5%