Lake Forest, IL: Where Homes Are Hotter Than Your Grandma’s Christmas Sweater

Let’s face it: Lake Forest is the Beyoncé of Illinois suburbs. Everyone wants a piece of it, and the real estate market proves it. As of December 2024, the average home value in this dreamy town has climbed to a jaw-dropping $1,076,341. That’s a 6.6% glow-up over the past year! And the median sale price? It’s flexing too, hitting $1,049,000 in November—a whopping 14.4% jump from last year. Lake Forest isn’t just thriving; it’s thriving in stilettos.

But let’s pause for a sec—if Lake Forest is the Beyoncé of suburbs, then the rest of Lake County is… Kelly Rowland. Solid, dependable, but not quite hitting those six-figure high notes, with an average home value of $354,906. Hey, no shade, but Lake Forest is clearly the showstopper in this duet.

Thinking of buying? Strap in, because competition is fierce. Homes in Lake Forest aren’t just selling; they’re basically being handed a rose on "The Bachelor." And for sellers? This is your moment. The market’s so hot you could roast marshmallows on it. Buyers are ready to shell out top dollar for those dreamy estates, spacious backyards, and “I live by the lake, darling” vibes.

So, whether you’re looking to buy or sell, Lake Forest is where the real estate magic happens. Get in while the market’s sizzling—because in Lake Forest, even the houses have main-character energy.

Sources:

• Zillow

• Redfin

• Rocket Homes