Forest Lake, IL housing market

The typical home in Forest Lake, IL costs $479K (+5.9% over the past year). The bottom 35% of homes run around $367K. See the full market and find out if you can afford to buy a house in Forest Lake — free, no signup.

Market snapshot (2026-06)

• Typical home value: $479K (Zillow ZHVI, 2026-06)
• 1-year change: +5.9%
• Bottom 35% of homes: $367K
• Top 35% of homes start around: $709K
• Median household income: $96K
• Price-to-income ratio: 5.0
• Estimated payment on the typical home: $2,461/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Hawthorn Woods, IL — typical home $762K
• Lake Zurich, IL — typical home $514K
• Long Grove, IL — typical home $969K
• Mundelein, IL — typical home $395K
• Vernon Hills, IL — typical home $463K
• Buffalo Grove, IL — typical home $452K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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