October's First-Time Homebuyer Report for Long Lake

Long Lake is much older than the rest of Illinois, with a median age of 34. It's affluent as well, with a median income of $60,183 per household. Detached homes account for 100% of the area's current housing market. The top school in the city is Lakes Community High School.

Price Range

The housing prices of Long Lake are close to the state average with a median home value of $110,800 and a current average list price of $174,825. The Long Lake market saw sales remain flat this week with six homes sold over the last 30 days, while new listings climbed to seven.

Curious as to which homes have been getting the most attention in Long Lake? These listings have stirred up interest and produced the most views:

$179K   $374K   $300K  

Typical Dwelling

The typical dwelling in Long Lake is a three-bedroom detached home worth about $179,107. To purchase a similar home, a buyer with good credit and a $35,821 cash down payment could obtain a mortgage with a 3.95% interest rate and a $786 monthly payment. The property tax rate is $19.95 per $1,000 of taxable assessed value.

Get started right now by checking out Long Lake homes for sale or reviewing Long Lake real estate trends.


Data reported through 10/13/2016

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RE/MAX Center
Snapped 1 home in this area
Results Realty USA
Snapped 1 home in this area
Better Homes and Gardens Real Estate Star Homes
Snapped 1 home in this area

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