Forest Lake, IL Housing Statistics

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A+

70%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

51%

Owner Occ. NAT. AVG.

Forest Lake Housing Information

Index	Forest Lake	Illinois	National
Median home price	$553,840	$308,565	$326,622
Median rent asked	$0	$1,374	$1,444
Avg. people per household	3.3	2.6	2.6
Owner occupied households	96.0%	66.0%	63.6%
Renter occupied households	4.0%	34.0%	36.4%

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Homes For Sale In Forest Lake, IL

23509 N Garden Ln

Lake Zurich, IL

21365 W Ridge Rd

Lake Zurich, IL

23576 N Overhill Dr

Lake Zurich, IL

23515 N Overhill Dr

Lake Zurich, IL

Housing Quick Facts

The median home price in Forest Lake is 70% higher than the national average.
The median rent asked in Forest Lake is 100% lower than the national average.
The average number of people per household in Forest Lake is 28% higher than the national average.
The number of owner occupied households in Forest Lake is 51% higher than the national average.
The number of renter occupied households in Forest Lake is 89% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Park City, IL	7,894	$40,687	88%
North Chicago, IL	30,865	$190,433	42%
Round Lake Park, IL	8,005	$218,272	33%
McCullom Lake, IL	1,222	$245,561	25%
Waukegan, IL	90,063	$251,387	23%
Forest Lake, IL	1,341	$553,840	70%

Cities with similar population

	Population	Home Price	National Avg.
Jamaica Beach, TX	1,341	$433,350	33%
Tennessee Ridge, TN	1,341	$174,682	47%
Scottville, MI	1,342	$149,386	54%
Hayfield, MN	1,340	$218,903	33%
Jonesboro, IN	1,340	$106,434	67%
Forest Lake, IL	1,341	$553,840	70%

Source: The Forest Lake, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.