Crystal Lake, IL—60012
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Crystal Lake, IL
Home Price Trends — Crystal Lake, IL
As of Oct '25, the median home price in Crystal Lake, IL is $469,000, with a year-over-year change of 4.8%. This indicates that home prices in Crystal Lake, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $469,000 | 4.8% |
| Single Family | $476,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $267,000 | 8.5% |
3 Bed | $398,000 | 4.5% |
4 Bed | $501,000 | 4.8% |
| 5 Bed | $579,000 | 3.8% |
% of Housing Stock
Rental Trends — Crystal Lake, IL
As of July '25, Rentcast reports the average rent in Crystal Lake, IL is $2,750, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Crystal Lake, IL is 3-bedrooms: $2,750. The most common rental property sizes in Crystal Lake, IL are 1-bedroom and 3-bedroom, accounting for 36.9% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,600 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crystal Lake, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Crystal Lake, IL is 40. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $583,000 | 8.0% |
Listing Count | 54 | -2.0% |
| Listings as % of Homes | 1.2% | -2.0% |
Days on Market | 40 | -16.0% |
Demographics — Crystal Lake, IL
As of the latest ACS Survey released in 2023, Crystal Lake, IL has a population of 11,900, which has increased by 8.9% over the past 5 years. Crystal Lake, IL is a moderately popular place for families, as children make up 23.2% of the population. The area has a highly educated workforce, with 56.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,900 | 8.9% |
% Under 18 | 23.2% | 7.4% |
% Seniors | 14.0% | -1.4% |
% WFH | 22.2% | 96.5% |
% w/ College Degree | 56.3% | 8.5% |
As of the latest ACS Survey released in 2023, Crystal Lake, IL is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Crystal Lake, IL is hispanic, making up 7.9% of the population. Foreign-born residents account for 8.9% of the population in Crystal Lake, IL, and this percentage has increased by 45.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.5% | -8.4% |
% Black | 1.1% | 10.0% |
% Hispanic | 7.9% | 83.7% |
% Asian | 5.4% | 145.5% |
% Foreign Born | 8.9% | 45.9% |
Mortgage and Risk — Crystal Lake, IL
According to HUD data as of 2023, there were 179 mortgage originations in Crystal Lake, IL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Crystal Lake, IL. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Crystal Lake, IL
Crystal Lake, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,970 |
| 2 Bedroom | N/A | N/A | $2,220 |
| 3 Bedroom | $250 | $2,600 | $2,850 |
| 4 Bedroom | N/A | N/A | $3,350 |
Affordability — Crystal Lake, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $469,000 |
| Median Household Income | $147,000 |