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343%
Med. Home Val. NAT. AVG.
71%
Rent NAT. AVG.
37%
Owner Occ. NAT. AVG.
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Lake Forest Housing Information

IndexLake ForestIllinoisNational
Median home price$818,000$174,800$184,700
Median rent asked$1,627$925$949
Avg. people per household2.42.62.6
Owner occupied households87.2%66.0%63.6%
Renter occupied households12.8%34.0%36.4%
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Housing Quick Facts

  • The median home price in Lake Forest is 343% higher than the national average.
  • The median rent asked in Lake Forest is 71% 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

       PopulationHome PriceNational Avg.
      Park City, IL7,636$23,20087%
      North Chicago, IL29,967$107,90042%
      Round Lake Park, IL7,744$120,10035%
      Waukegan, IL87,157$140,30024%
      Round Lake Beach, IL27,313$149,00019%
      Lake Forest, IL19,497$818,000343%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Cumberland, MD19,495$104,20044%
      Salmon Creek, WA19,506$355,70093%
      Montgomery, IL19,515$224,90022%
      Franconia, VA19,478$423,100129%
      Upper St. Clair, PA19,521$267,50045%
      Lake Forest, IL19,497$818,000343%
      Source: The Lake Forest, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).