Lake Forest Real Estate Market

Lake Forest Market

The median sale price for homes in Lake Forest over the last 12 months is $260,500.


The median mortgage debt is $245,205.

Additional Statistics for Single Family Homes and Condos in Lake Forest, IL
$1,197,660
Median Listing Price
113
Median Days on Market
291
Active Listings
4.5%
Distressed Listings
(foreclosures and short sales)
Lake Forest, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lake Forest is $1,399,000. The list prices dropped by -2.3% from the previous month.

The median sale price in December for single family homes is $670,000. The sale prices dropped by -12.7% from the previous month.

The price per square foot for sales in this area is $132.

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Lake Forest, IL Market Inventory Trends

The number of active listings in Lake Forest increased by 9% from the previous month.

The median number of days active properties have been listed is 85.

The number of sales in December dropped by 47.1% from the previous month.

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Lake Forest, IL Property Ownership

The percent of unoccupied properties is very low in Lake Forest. It is -8.06% below the national average.

The percent of owner occupied properties in Lake Forest is 18.03% above the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.