What income do you need to buy a house in Lily Lake, IL?

It takes about $186,000/yr to afford the typical Lily Lake, IL home ($581K, +4.1% past year) at today's rates. Starter homes run around $383K. See if you can afford a house in Lily Lake (2026 data) — free, no signup.

Market snapshot (2026-07)

• Income needed to buy the typical home: about $186,000/yr (28% front-end ratio, 20% down, 6.76% 30-yr fixed, IL property tax and insurance)
• Typical home value: $581K (Zillow ZHVI, 2026-07)
• 1-year change: +4.1%
• Bottom 35% of homes: $383K
• Top 35% of homes start around: $799K
• Median household income: $140K
• Price-to-income ratio: 4.1
• Estimated payment on the typical home: $3,016/mo principal & interest (20% down, 6.76% 30-yr fixed)

Nearby housing markets

• Campton Hills, IL — typical home $699K
• Elburn, IL — typical home $467K
• South Elgin, IL — typical home $379K
• Geneva, IL — typical home $555K
• Pingree Grove, IL — typical home $379K
• Elgin, IL — typical home $343K

The most affordable cities to buy a house in Illinois

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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