Loading image...

Lake Forest Market Snapshot

$1,750,000
Median Price
45
Avg Days on Market
218
Homes Sold YTD
92
Active Listings

Discover Lake Forest

Lake Forest is one of the most prestigious North Shore communities, known for its historic estates, world-class schools, and stunning lakefront properties. This affluent city features magnificent architecture, expansive parks, and a charming downtown shopping district.

19,450
Population
U.S. Census Bureau
17.20 sq mi
Total Area
U.S. Census Bureau
$194,267
Median Income
U.S. Census Bureau
46.40
Median Age
U.S. Census Bureau
Lake Forest overview

Lake Forest Real Estate Market

$1,750,000
Median Sale Price
+7.2% YoY
45
Avg Days on Market
Market Trend: up
218
Homes Sold YTD
$455/sq ft
3.1
Months Inventory
42 new listings

Price Range: $650K - $8.5M | Last Updated: 9/30/2025

Explore Lake Forest

Lake Forest gallery image 1
Lake Forest gallery image 2
Lake Forest gallery image 3
Lake Forest gallery image 4
Lake Forest gallery image 5
Lake Forest gallery image 6

Lake Forest Demographics

📊Detailed Demographics
$194,267
Median Household Income
U.S. Census Bureau
80.98%
College Educated
U.S. Census Bureau
86.70%
Home Ownership
U.S. Census Bureau
46.40
Median Age
U.S. Census Bureau
2.62
Avg Household Size
U.S. Census Bureau
2.10%
Unemployment Rate
U.S. Census Bureau
19,190
Total Population

Comprehensive demographics from U.S. Census Bureau • Data Year:
View complete demographic profile with detailed charts and comparisons →

Transportation & Connectivity

Highway

45 min
to Downtown Chicago

Interstate highway access

City Amenities & Features

Hospital/Medical Center
Major Shopping District
Parks & Recreation
Public Library

Ready to Explore Lake Forest?

Let our local experts help you find your perfect home in Lake Forest, Illinois.