Spring Lake Farms, Lake in the Hills, IL
Spring Lake Farms — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Spring Lake Farms, Lake in the Hills, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Spring Lake Farms Neighborhood Overview
Spring Lake Farms is a residential neighborhood located in the village of Lake in the Hills, Illinois. The community offers a suburban atmosphere with a focus on family living and outdoor recreation. Its location provides residents with a balance of quiet neighborhood streets and convenient access to broader amenities.
Lifestyle & Amenities
The neighborhood is characterized by its proximity to Spring Lake, which offers scenic views and opportunities for outdoor activities. Residents enjoy access to local parks, walking paths, and community spaces that foster an active lifestyle. Shopping and dining options are available within a short drive in the surrounding Lake in the Hills and Algonquin areas.
Real Estate Market
The real estate in Spring Lake Farms primarily consists of single-family homes. The Census median home value is $280,000, while the current market shows an asking price per square foot of approximately $143. This indicates a market with homes that offer value within the broader Chicago suburban region.
Schools & Education
Families in Spring Lake Farms are served by the Community Unit School District 300. The district operates several elementary, middle, and high schools in the area, providing educational options for children of all ages. The neighborhood's demographic profile suggests a community with a strong focus on family and education.
Transportation & Connectivity
Major roadways like Randall Road and Algonquin Road provide direct connections to surrounding communities and employment centers. While the neighborhood is not directly served by rail, several Metra stations are within a reasonable driving distance for commuters heading to Chicago. This makes Spring Lake Farms a viable option for those seeking a suburban base with regional connectivity.
Why Choose Spring Lake Farms
Spring Lake Farms appeals to homebuyers seeking a established suburban neighborhood with a strong sense of community. The combination of natural lake views, family-friendly amenities, and a solid housing market presents a compelling value. With a median household income of $110,988, the area supports a comfortable lifestyle within the sought-after Lake in the Hills area.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Spring Lake Farms Market Data
| Metric | Value |
|---|---|
| Median Home Price | $280K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $111K |
| Homeownership Rate | 86.1% |
| Renter-Occupied | 13.9% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60156 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Spring Lake Farms, Lake in the Hills
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Spring Lake Farms, Lake in the Hills, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12