4-week rolling average · Data through March 12, 2026 · ZIP 60657
Lake View (60657) is a highly competitive market with a competition score of 89 and a median days on market of just 12 days, reflecting strong and sustained buyer demand. There is a notable gap between the median list price of $615,000 and the median sale price of $1,875,000, suggesting a significant presence of luxury and high-end properties closing well above typical listing ranges. With 310 active homes and a median price per square foot of $463.99, the market offers options across a broad price spectrum.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $265K | $2K/mo |
| 2BR | $490K | $3K/mo |
| 3BR | $850K | $4K/mo |
| 4BR | $1.52M | $5K/mo |
| 5BR | $1.90M | $6K/mo |
| 6BR | $2.40M | $6K/mo |
| 7BR | $1.55M | — |
| 8BR | $1.20M | — |
Sellers in Lake View are well positioned, with homes spending a median of just 12 days on market and a competition score of 89 out of 100 signaling intense buyer activity. Using the $463.99 per square foot median as a pricing benchmark can help sellers attract serious offers quickly in this fast-moving environment.
Buyers in Lake View should be ready to act quickly, as the median days on market is only 12 days and the competition score sits at 89 out of 100. Entry points vary meaningfully by bedroom count, with 1-bedroom homes at a median of $265,000 and 3-bedroom homes at $850,000, giving buyers options at different budget levels.
The rental market in Lake View shows strong depth, with 2,215 rental units in inventory and a median rent of $2,196 supporting consistent demand for income-producing properties. A 2-bedroom unit rents for a median of $2,995 against a purchase price of $489,500, and investors should carefully evaluate those figures against the current 30-year mortgage rate of 6.37%.
The current 30-year mortgage rate of 6.37% and 15-year rate of 5.72% represent a meaningful financing cost at Lake View price points, particularly given the median sale price of $1,875,000. Buyers should model out the monthly payment difference between loan products carefully, as even a modest rate difference can have a significant impact at this price level.
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Market intelligence by FarmPosts