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Lake Forest Market Report

$2,258,669

AVERAGE PRICE OF 145 HOMES

$2,137,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,998,784

AVERAGE PRICE OF 99 MULTI-MILLION DOLLAR HOMES

$2,314,750

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$5,595,438

AVERAGE PRICE OF 16 HOMES WITH A POOL

Average Home

Average Price $2,258,669
Avg Bedrooms 3.85 beds
Avg Bathrooms 4.48 baths

Average Price by Bedrooms

2 bedrooms $481,500
3 bedrooms $1,450,127
4 bedrooms $1,732,419
5 bedrooms $2,174,579
Lake Forest Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 117 101 78 98 132
Average Price $2,379,847 $2,323,932 $1,975,016 $1,976,479 $1,827,417
Avg Price Change +2.41% +17.67% -0.07% +8.16% +0.67%
Median Price $1,580,917 $1,451,745 $1,299,906 $1,256,997 $1,250,102
Med Price Change +8.90% +11.68% +3.41% +0.55% -2.63%
Avg Bedrooms 3.84 beds 3.69 beds 3.6 beds 3.53 beds 3.4 beds
Avg Bathrooms 4.59 baths 4.48 baths 4.24 baths 3.99 baths 3.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Forest High School 135 $2,209,500 148 days
Total Homes Average Price Avg Days on Site
All Homes 145 $2,258,669 145 days
Distressed Homes 2 $2,137,000 36 days
Multi-Million Dollar Homes 99 $2,998,784 98 days
Newly Built Homes 8 $2,314,750 111 days
Homes with a Pool 16 $5,595,438 90 days
Beyond Properties Realty
Erica Cuneen
109 North Marion St
Oak Park, IL 60301
708-386-1366
4343 North Western Ave
Chicago IL 60618
708-220-2025

Based on information submitted to the MLS GRID by MRED as of April 23, 2025 3 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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