Home Values

Lakemoor Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$144,100

  • 11.9% 1-year change
  • 2.7% 1-year forecast

The median home value in Lakemoor is $144,100. Lakemoor home values have gone up 11.9% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Lakemoor is $86, which is lower than the Chicago Metro average of $134. The median price of homes currently listed in Lakemoor is $112,000 while the median price of homes that sold is $164,000. The median rent price in Lakemoor is $1,295, which is lower than the Chicago Metro median of $1,641.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lakemoor is 7.3%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lakemoor homeowners underwater on their mortgage is 31.8%, which is higher than Chicago Metro at 27.1%.

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Relative ZHVI
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Lakemoor Market Overview

Data through Sep 30, 2014
  • $144,100 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $112,000 Median listing price
  • No recent data Median sale price
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Lakemoor Market Health

Data through Sep 30, 2014
  • 0.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 31.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Prairie Grove $348,800
Johnsburg $221,200
Wauconda $180,100
Name Median ZHVI
Volo $178,000
McHenry $146,400
Island Lake $141,500
Name Median ZHVI
Pistakee Highlands $125,600
Fox Lake $121,200
Long Lake $118,800

Listings & Sales

Data through Sep 30, 2014
  • $86 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.0% Listings with price cut
57.3%
Sold below listing
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Lakemoor Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,435 Lakemoor
    $1,647 Chicago Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,295 Rent list price (Aug 31, 2014)
  • $0.85 Rent list price / sq ft (Aug 31, 2014)
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