The median home value in Lake Forest, IL is $1,150,000. This is higher than the county median home value of $242,800. The national median home value is $219,700. The average price of homes sold in Lake Forest, IL is $1,150,000. Approximately 78.35% of Lake Forest homes are owned, compared to 12.04% rented, while 9.62% are vacant. Lake Forest real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Forest real estate agent to arrange a tour today!
Lake Forest, Illinois has a population of 18,931. Lake Forest is more family-centric than the surrounding county with 38.99% of the households containing married families with children. The county average for households married with children is 38.63%.
The median household income in Lake Forest, Illinois is $169,122. The median household income for the surrounding county is $82,613 compared to the national median of $57,652. The median age of people living in Lake Forest is 47.8 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 36.3 inches per year, with 33.4 inches of snow per year.