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Lake Zurich, IL

Full City Profile · Illinois · McHenry County County

4.0 /5.0
A Great
19,727 Population 2,851/sq mi density
$139,959 Median Income $63,070 per capita
$418,300 Home Value $479,339 Zillow
$1,782 Median Rent 28.1% income on rent
48°F Avg Temperature 260 sunny days/yr
40 Violent Crime/100K 1,236 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$139,959 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$418,300 home value, $1,782/mo rent
F
Safety
1.0 / 5.0
40 violent crimes/100K
A+
Education
5.0 / 5.0
61.2% bachelor's degree or higher

Housing Overview

Median Home Value
$418,300
48% above
US avg: $281,900
Median Rent
$1,782/mo
53% above
US avg: $1,163/mo
Homeownership Rate
80.2%
23% above US avg (65.4%)
Total Housing Units
7,479
Median year built: 1984

Home Value by Source

Census Median
$418,300
Zillow (ZHVI)
$479,339
Median Sale Price
$432,500
Median List Price
$514,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.2%
Owner-Occupied
19.8%
Renter-Occupied
80%
20%
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: $1,782/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
7.5%
of listings with price reduction
Price Per Sq Ft
$249
Active Inventory
40
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
80.2%

Complete Housing Data

Home Values

Census Median Value$418,300
Zillow Home Value (ZHVI)$479,339
Median Sale Price$432,500
Median List Price$514,900
Price Per Sq Ft$249

Rent

Census Median Rent$1,782
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 Market47
Sale-to-List Ratio1.0%
Price Drops7.5%
Homes Sold16
Active Inventory40
Price Per Sq Ft$249

Ownership & Stock

Owner-Occupied80.2%
Renter-Occupied19.8%
Homeownership Rate80.2%
Total Housing Units7,479
Median Year Built1984
Rent Burden28.1%