Forest Lake Housing Information - Census

IndexForest LakeIllinoisNational
Median home price$262,200$175,700$175,700
Median rent asked$2,001$903$920
Avg. people per household3.02.62.6
Owner occupied households81.6%66.9%64.4%
Renter occupied households18.4%33.1%35.6%

Forest Lake Housing Information - Zillow

IndexForest LakeIllinoisNational
Zillow home value index$292,200$168,800$196,500
Year over year appreciation rate4.36%5.76%6.79%
5 year average appreciation rate5.76%3.66%5.28%
10 year average appreciation rate-1.06%-1.85%0.01%

Did you know?

  • The median home price in Forest Lake is 49% higher than the national average.
  • The median rent asked in Forest Lake is 118% higher than the national average.
  • The average number of people per household in Forest Lake is 15% higher than the national average.
  • The number of owner occupied households in Forest Lake is 27% higher than the national average.
  • The number of renter occupied households in Forest Lake is 48% lower than the national average.

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Compare Forest Lake, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Park City, IL7,551$23,60087%
North Chicago, IL30,760$120,00032%
McCullom Lake, IL1,001$124,10029%
Round Lake Park, IL7,758$125,20029%
Waukegan, IL88,671$130,90025%
Forest Lake, IL1,750$262,20049%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Greene, NY1,750$104,80040%
Oakwood, IL1,750$78,80055%
East Dubuque, IL1,751$121,50031%
Elizabethville, PA1,751$99,60043%
Warroad, MN1,751$100,50043%
Forest Lake, IL1,750$262,20049%
Source: The Forest Lake, IL housing data displayed above is derived from the United States Census Bureau and Zillow data.