Home appreciation in Lake County, IL

Over the five years ending 2025, home prices in Lake County, IL grew an average of 9.2% a year.

Price growth at a glance

1-year

+7.6%

2025 over 2024. Illinois: +6.6%.

5-year, per year

+9.2%

Average annual growth, 2020 to 2025. Illinois: +8.3%.

10-year, per year

+5.4%

+69.7% in total since 2015. Illinois: +5.5%.

How does your home compare?

Lake County, IL home prices rose 69.7% over the ten years to 2025, while its ZIP codes ranged from +42.8% to +198.8%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Lake County, IL compares with Illinois

Illinois averaged +8.3% a year, so Lake County, IL grew faster than the state overall. For five-year price growth, Lake County, IL ranks 193rd out of 409 metros nationwide and 3rd out of 10 in Illinois.

Index, 2005 = 100

Lake County, IL (metropolitan division) and Illinois, quarterly house price index rebased to 100 in 2005.
YearLake County, IL (metropolitan division)Illinois
2005 Q1100100
2005 Q2102102
2005 Q3104104
2005 Q4106106
2006 Q1107108
2006 Q2108109
2006 Q3108109
2006 Q4109111
2007 Q1109111
2007 Q2109111
2007 Q3108110
2007 Q4108110
2008 Q1107110
2008 Q2104108
2008 Q3101104
2008 Q4100104
2009 Q199103
2009 Q295100
2009 Q39197
2009 Q49096
2010 Q18795
2010 Q28694
2010 Q38794
2010 Q48694
2011 Q18391
2011 Q28189
2011 Q38189
2011 Q48089
2012 Q17988
2012 Q27887
2012 Q37888
2012 Q47988
2013 Q17887
2013 Q27988
2013 Q38088
2013 Q48188
2014 Q18189
2014 Q28390
2014 Q38592
2014 Q48592
2015 Q18693
2015 Q28694
2015 Q38694
2015 Q48795
2016 Q18795
2016 Q28896
2016 Q38998
2016 Q48998
2017 Q18897
2017 Q29099
2017 Q390100
2017 Q491100
2018 Q191101
2018 Q291101
2018 Q391102
2018 Q491101
2019 Q191102
2019 Q292104
2019 Q393105
2019 Q493105
2020 Q194106
2020 Q294106
2020 Q395107
2020 Q496109
2021 Q197110
2021 Q2101115
2021 Q3104119
2021 Q4108122
2022 Q1111125
2022 Q2119132
2022 Q3121134
2022 Q4118132
2023 Q1122134
2023 Q2125139
2023 Q3129142
2023 Q4129143
2024 Q1131145
2024 Q2137150
2024 Q3139152
2024 Q4139153
2025 Q1143155
2025 Q2146159
2025 Q3148162
2025 Q4149163
2026 Q1151164
2026 Q2154169

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +5.4% a year over ten years, +69.7% in total.

Over this history, home prices peaked in 2007, fell 27.6% to its 2012 low, and regained the 2007 level in 2022.

The strongest year was 2022 at +14.2%, and the weakest was 2009 at -9.2%.

In 2025 alone the index moved +7.6%, against +6.6% for the state.

ZIP codes in Lake County, IL

Over the ten years to 2025, the 25 ZIP codes FHFA measures in this metro ranged from +42.8% in 60045 to +198.8% in 60064, while the metro as a whole rose 69.7%.

Fastest-rising ZIP codes

10-year change

  1. 60064+198.8%
  2. 60085+139.2%
  3. 60099+136.0%
  4. 60073+123.0%
  5. 60087+117.5%

Slowest-rising ZIP codes

10-year change

  1. 60045+42.8%
  2. 60015+44.6%
  3. 60048+46.1%
  4. 60044+46.7%
  5. 60035+46.8%
ZIP codes in Lake County, IL (metropolitan division) ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
60064-9.4%+10.6%+11.6%+198.8%
60085+6.7%+11.2%+9.1%+139.2%
60099+10.3%+12.5%+9.0%+136.0%
60073+10.1%+11.4%+8.3%+123.0%
60087+7.7%+10.4%+8.1%+117.5%
60020+7.3%+9.9%+7.3%+102.2%
60002+4.3%+9.7%+6.6%+89.3%
60096+1.3%+9.4%+6.5%+88.1%
60046+6.4%+10.0%+6.4%+85.9%
60060+7.8%+9.5%+6.2%+81.8%
60030+4.9%+9.8%+6.1%+81.0%
60084+5.4%+9.4%+6.1%+80.8%
60041+7.1%+9.2%+6.1%+80.7%
60031+7.7%+8.4%+5.4%+68.6%
60083+3.5%+7.9%+5.3%+67.8%
60061+7.7%+8.5%+4.6%+57.4%
60089+5.9%+8.0%+4.3%+51.9%
60047+6.6%+7.9%+4.3%+51.7%
60069+3.8%+7.7%+4.1%+50.1%
60010+8.4%+7.5%+4.1%+49.7%
60035+4.5%+8.1%+3.9%+46.8%
60044+3.4%+7.8%+3.9%+46.7%
60048+6.6%+7.4%+3.9%+46.1%
60015+7.3%+7.7%+3.8%+44.6%
60045+7.7%+8.0%+3.6%+42.8%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Lake County, IL (metropolitan division) and Illinois, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006104.9+4.9%105.6
2007105.3+0.3%107.2
2008100.2-4.9%103.0
200991.0-9.2%96.1
201084.2-7.4%91.1
201178.9-6.3%86.7
201276.2-3.4%85.0
201377.3+1.4%85.2
201481.3+5.1%87.8
201584.0+3.3%90.9
201686.0+2.4%93.6
201787.3+1.5%95.9
201888.4+1.4%97.9
201989.9+1.7%100.7
202091.9+2.2%103.6
202199.7+8.4%112.7
2022113.9+14.2%126.6
2023122.7+7.8%134.8
2024132.4+7.9%145.1
2025142.5+7.6%154.7

The 10 measured metros in Illinois

Measured metros in Illinois ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Rockford, IL+8.3%+11.1%+7.4%
2Elgin, IL (metropolitan division)+6.5%+9.4%+6.4%
3Lake County, IL (metropolitan division)+7.6%+9.2%+5.4%
4Bloomington, IL+3.9%+9.1%+4.8%
5Champaign-Urbana, IL+6.3%+8.8%+5.3%
6Kankakee, IL+3.5%+8.4%+5.7%
7Chicago-Naperville-Schaumburg, IL (metropolitan division)+6.6%+8.1%+5.5%
8Decatur, IL+4.5%+7.9%+4.7%
9Peoria, IL+6.6%+7.6%+4.1%
10Springfield, IL+5.7%+7.6%+4.4%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. This is a metropolitan division, a subdivision of a larger metropolitan statistical area, for which FHFA publishes its own index. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Illinois row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2