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IL area data

Lake forest, IL

Lake forest, IL.

Population: 21,074 (Census ACS)

Home values & appreciation

Median home value
$1.22M
1-year appreciation
+9.9%
3-year appreciation
+24.6%
5-year appreciation
+46.2%
10-year appreciation
+45.1%
All-time peak (2026-07)
$1.22M
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$1.34M
Median list price
$1.45M
Median days on market
49 days
Sale-to-list ratio
100.5%
Active listings
69
1-year forecast
+2.7%
Days to pending
23 days
New listings (monthly)
33

Rents

Typical rent
$4,038/mo
1BR fair-market rent
$2,370/mo
3BR fair-market rent
$3,440/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
4
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, strongWind, tornado, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
57.0°F
Average low
45.0°F
Annual precipitation
40.2 in
Annual snowfall
26.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
182
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
5.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (40 mi)
Nearest airport
Chicago Executive Airport (PWK) (9 mi)
Nearest major airport
Chicago Executive Airport (PWK) (9 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
5.0 / 5
EV charging stations (within 10 mi)
130
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-2,667 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$10,001
Mean commute to work
22 min
Households with broadband internet
89.0%

Employment & development

Total county employment
289,339
Average weekly wage
$1,795
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
432

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents