Lake Forest, IL Housing Statistics

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346%

Med. Home Val. NAT. AVG.

70%

Rent NAT. AVG.

37%

Owner Occ. NAT. AVG.

Lake Forest Housing Information

Index	Lake Forest	Illinois	National
Median home price	$1,455,632	$308,565	$326,622
Median rent asked	$2,456	$1,374	$1,444
Avg. people per household	2.4	2.6	2.6
Owner occupied households	87.2%	66.0%	63.6%
Renter occupied households	12.8%	34.0%	36.4%

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Homes For Sale In Lake Forest, IL

27 W Onwentsia Rd

Lake Forest, IL

45 E Mallard Ln

Lake Forest, IL

965 Castlegate Ct

Lake Forest, IL

1225 W Deerpath

Lake Forest, IL

Housing Quick Facts

The median home price in Lake Forest is 346% higher than the national average.
The median rent asked in Lake Forest is 70% higher than the national average.
The average number of people per household in Lake Forest is 10% lower than the national average.
The number of owner occupied households in Lake Forest is 37% higher than the national average.
The number of renter occupied households in Lake Forest is 65% 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%
Waukegan, IL	90,063	$251,387	23%
Round Lake Beach, IL	28,313	$268,049	18%
Lake Forest, IL	19,888	$1,455,632	346%

Cities with similar population

	Population	Home Price	National Avg.
Huntington, NY	19,888	$1,167,234	257%
Frankfort, IL	19,886	$691,249	112%
Orinda, CA	19,891	$2,693,858	725%
Plattsburgh, NY	19,892	$255,722	22%
Salmon Creek, WA	19,907	$645,229	98%
Lake Forest, IL	19,888	$1,455,632	346%

Source: The Lake Forest, 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.