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Median Home Price in Lake Forest, IL

The median home value in Lake Forest, IL is $1,246,312 as of 2026-06-30, up 9.39% from a year earlier.

Median Home Value

$1,246,312

Year-over-Year

+9.39%

Population

19,357

Lake Forest ranks #4 of 279 Illinois cities tracked here by median home value, and sits 291.4% above the state's city median of $318,423. It sits in Lake County, where the county-wide median is $400,964.

Crime in Lake Forest

Lake Forest police recorded a violent crime rate of 21 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 625 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 Lake Forest

How much does a house cost in Lake Forest, IL?

The median home value in Lake Forest is $1,246,312. That's up 9.39% from a year earlier. That is about 291.4% above the typical county in Illinois.

Is Lake Forest expensive compared to the surrounding area?

Homes in Lake Forest are more expensive than Lake County as a whole, where the median is $400,964 — a difference of about 210.8%.

Is Lake Forest a safe place to live?

Lake Forest police reported 21 violent crimes per 100,000 residents, covering a population of about 19,357. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.