Home › Cities › Grayslake, IL

Median Home Price in Grayslake, IL

The median home value in Grayslake, IL is $376,258 as of 2026-06-30, up 5.23% from a year earlier.

Median Home Value

$376,258

Year-over-Year

+5.23%

Population

24,339

Grayslake ranks #93 of 279 Illinois cities tracked here by median home value, and sits 18.2% above the state's city median of $318,423. It sits in Lake County, where the county-wide median is $400,964.

Crime in Grayslake

Grayslake police recorded a violent crime rate of 66 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 641 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Grayslake

How much does a house cost in Grayslake, IL?

The median home value in Grayslake is $376,258. That's up 5.23% from a year earlier. That is about 18.2% above the typical county in Illinois.

Is Grayslake expensive compared to the surrounding area?

Homes in Grayslake are cheaper than Lake County as a whole, where the median is $400,964 — a difference of about 6.2%.

Is Grayslake a safe place to live?

Grayslake police reported 66 violent crimes per 100,000 residents, covering a population of about 24,339. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.