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Lake Forest, IL Real Estate

Lake Forest, Illinois is located in Lake County. Nearby cities and towns include Bannockburn, Lake Bluff, Mettawa, Highwood, Knollwood, Lincolnshire, Highland Park, Green Oaks, Riverwoods, Deerfield, Vernon Hills, North Chicago, Indian Creek, Libertyville, Buffalo Grove, Mundelein, Long Grove, Northbrook, Park City, Wheeling, Glencoe, Waukegan, Northfield, Prospect Heights, Forest Lake, Gages Lake, Gurnee, Kildeer, Hawthorn Woods, Glenview, Winnetka, Grayslake, Arlington Heights, Lake Zurich, Third Lake, Grandwood Park, Palatine, Mount Prospect, Deer Park, Kenilworth, Beach Park, Hainesville, Golf, Round Lake Park, Wilmette, Morton Grove, North Barrington, Rolling Meadows, Des Plaines, Wauconda, Round Lake, Niles, Old Mill Creek, Venetian Village, Wadsworth, Round Lake Beach, Barrington, Inverness, Lindenhurst, Tower Lakes, Skokie, Zion, Park Ridge, Evanston, Lake Barrington, Round Lake Heights, Volo, Hoffman Estates, Long Lake, Winthrop Harbor, Lake Villa, Port Barrington, Lincolnwood, Elk Grove Village, Rosemont, Island Lake, Fox Lake Hills, Fox River Grove, Schaumburg, South Barrington, Barrington Hills, Lakemoor, Harwood Heights, Norridge, Holiday Hills, Schiller Park, Oakwood Hills, Antioch, Bensenville, Itasca, Wood Dale, Cary, Pleasant Prairie, Trout Valley, Franklin Park, Prairie Grove, Fox Lake, Roselle, Lake Shangrila, Pistakee Highlands, River Grove, Elmwood Park, Lake Catherine, Streamwood, Johnsburg, Channel Lake, East Dundee, Northlake, Addison, Hanover Park, Bloomingdale, Melrose Park, Stone Park, McHenry, Carpentersville, Kenosha, River Forest, Algonquin, Elmhurst, Bristol, McCullom Lake, Berkeley, Crystal Lake, Oak Park, Spring Grove, Bellwood, Glendale Heights, Camp Lake, Maywood, West Dundee, and Bartlett. Lake Forest is a suburban community with a population of 19,487. The median household income is $140,963. In Lake Forest, 64% of residents are married, and families with children reside in 36% of the households. Half the population of Lake Forest commutes 23 minutes or less to work, with 69% of residents holding white collar jobs and 31% residents holding blue collar jobs. The median age of homes in Lake Forest, IL is 32 years, with 77% of those homes owned, 14% rented, and 9% not occupied. In the previous year, 297 Lake Forest properties were sold. The median sale price of a home in Lake Forest in the previous year was $786,910.

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About Schools in Lake Forest, IL

Lake Forest offers a range of educational opportunities with 5 elementary schools, 3 middle schools and one high school.

Contact a Coldwell Banker® real estate agent to learn more about the schools and school districts in Lake Forest, IL.


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Lake Forest, IL Local Market & Demographic Data

Married vs. single

Lake Forest, IL
  • 36% Single
  • 64% Married
  • 51% Single
  • 49% Married

Male VS. Female

Lake Forest, IL
  • 52% Female
  • 48% Male
  • 51% Female
  • 49% Male

Average Age of Citizens in Lake Forest, IL

  • 42
  • 38
  • Lake Forest, IL
  • Illinois

Average Age of Homes in Lake Forest, IL

  • 32
  • 38
  • Lake Forest, IL
  • Illinois

Vacant Homes in Lake Forest, IL

  • 9%
  • 8%
  • Lake Forest, IL
  • Illinois

Average INCOME of Citizens

  • $220,557
  • $77,034
  • Lake Forest, IL
  • Illinois

Owned Homes vs. Rented Homes

Lake Forest, IL
  • 77% Owned
  • 14% Rented
  • 60% Owned
  • 32% Rented