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Prairie Crossing Housing Market Report June 2025•Lake County, Illinois

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Housing Prices in Prairie Crossing, IL

How much do homes in Prairie Crossing, IL cost?

Housing Market Conditions

Is Prairie Crossing, IL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Prairie Crossing is a Seller's Market

Difference Since May 2025

Last month, Prairie Crossing has remained a Seller's Market.

Insight

Prairie Crossing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$553,000$261/SqFt
+$247,000
+80.7%

Based on all homes sold in June 2025

Insight

Homes in Prairie Crossing have sold for 80.7% more than they did a month ago.

Summary: The median home sold price in Prairie Crossing was $553,000 in June 2025, up 80.7% from last month, and the median price per square foot was $261.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2-$282.7K
N/A
3$306K$553K
+80.7%
4-$750K
N/A
5--
N/A

Summary: Prairie Crossing housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +80.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Prairie Crossing, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Prairie Crossing, IL

Housing supply in Prairie Crossing, IL

How many homes are available in Prairie Crossing, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthJun 2025
52 months agoMay 2025
+20.0 %
Change MoMMay – Jun

Summary: The Prairie Crossing real estate market had 6 homes for sale in Jun 2025, a 20.0 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJun 2025
12 months agoMay 2025
+200.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
212
+100.0%
332
-33.3%
412
+100.0%
500
0.0%

Summary: Prairie Crossing housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Prairie Crossing, IL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Prairie Crossing, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Prairie Crossing in June 2025, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Prairie Crossing, IL

How long does it take to sell a home in Prairie Crossing, IL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Prairie Crossing are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 3 homes were sold in Prairie Crossing; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
28 DaysLast MonthJun 2025
54 Days1 month agoMay 2025
-46.9 %
Change MoMMay – Jun

Summary: Homes in Prairie Crossing had an average listing age of 28 days in Jun 2025, down by 46.9% compared to the previous month.

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Newest Listings in Prairie Crossing, IL

What homes are available in Prairie Crossing, IL?

New listings aren’t available for Prairie Crossing, IL

Nearby markets

Nearby markets aren't available for Prairie Crossing, IL

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