Why this is worth 3 minutes today.
{{first_name}} …Happy New Year! 🎉
Welcome to 2026 — and yes, it’s another chance to believe in new beginnings… both in life and with the Bears (optimism is part of the homebuying process, right? 🐻⬇️).
I hope your year is off to a great start. This week’s Weekly Welcome brings you fresh perspective on where the housing market is headed locally — and what buyers and sellers in Lake County might realistically expect as we settle into January.
To kick things off, I put together a 2026 Lake County Housing Market Forecast that breaks down the trends we’re already seeing, how national forecasts are lining up, and why this year could look a bit different than the last few. If you’re curious what’s on the horizon — whether you’re thinking of making a move or just keeping an eye on your home’s value — check it out here: Reasons To Be Optimistic About the 2026 Housing Market in Lake County, Illinois (Blog)
📈 Spoiler (from national headlines too): Economists are calling for a slightly more balanced market in 2026 — slower price growth, modest upticks in sales, and inventory that could creep up a bit compared to recent years.
In this edition, you’ll also find:
A snapshot of local market stats
A few homes worth knowing about
Quick tips if you’re thinking about buying or selling in the coming months
Whether you’re planning a move this year or just staying informed, you’re in the right place.
Here’s to a great 2026 — and to finally winning more than just our hope (Bears, we’re watching you 👀).
— Michael
The Market Report
Here’s what we’re seeing right now across Lake County — and the short version is this: inventory remains tight, demand is steady, and sellers still have the upper hand (with a few important nuances).
Residential - Detached
Detached homes continue to move well when they’re priced and presented correctly. Demand is steady, inventory is limited, and sellers who prepare their homes properly are still seeing strong interest.
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$440,000 | 42 | 1.7 | Seller |
Residential - Attached
Attached homes remain one of the most competitive parts of the market right now. Well-maintained condos and townhomes are attracting quick attention, especially from first-time buyers and downsizers looking for simplicity.
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$291,000 | 36 | 1.3 | Seller |
Luxury
The luxury market is slowing slightly, creating more room for smart pricing and negotiation.
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$975,000 | 53 | 2.5 | Seller |
The Private List
Coming Soon
Two homes currently available off-market or quietly circulating before broader exposure:
912 Highgate Ln, Grayslake — A well-located home in an established neighborhood, ideal for buyers looking for space, privacy, and a smoother path without the noise of the open market.
225 Walker Pl, Mundelein — A strong option for buyers who value convenience, solid layout, and the opportunity to move early before competition ramps up.
If one of these catches your eye — or if you’d like access to homes before they officially hit the market — just reply “Private List” and I’ll share details.
Buyer Needs
Investor cash buyer - AS-IS, Lake County Area
Wadsworth Buyer - +4 Bed, 3 Car Garage, Warren Schools
The Spotlight
January is prime reading season, and About Time Bookstore is a reminder of how good it feels to unplug for a bit. Thoughtfully curated and deeply local, it’s the kind of place that turns a quick visit into an hour well spent. Visit them here.
In Partnership With
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