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Median sale price
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Forest Lake, IL: housing market trends

The median home sale price in Forest Lake, IL was $494,764 for the three-month period ending September 2026. Sale prices were 47.7% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$494,764
three-month period ending September 2026
Median sale price per sq ft
$272.60
three-month period ending September 2026
Active listings
12
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 12 active listings for the three-month period ending September 2026. Active listings were 14.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 53 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Forest Lake, IL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$494,764$272.605 · small sample
Single-familySeptember 2026$494,803$272.615 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Forest Lake, IL
MarketMedian sale priceReporting period / source
Hawthorn Woods, IL$845,5673 months ending September 2026 · Redfin
Lake Zurich, IL$552,7373 months ending September 2026 · Redfin
Kildeer, IL$894,5743 months ending September 2026 · Redfin
Long Grove, IL$1,110,7213 months ending September 2026 · Redfin
Deer Park, IL$762,6373 months ending September 2026 · Redfin
North Barrington, IL$795,3713 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Forest Lake, IL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$494,764$272.6012
August 2026$475,000$232.0412
July 2026$427,500$268.5015
June 2026$460,000$232.0414
May 2026$460,000$235.6715
April 2026$430,000$226.6013
March 2026$492,500$216.9419
February 2026$480,000$229.5220
January 2026$540,000$216.9417
December 2025$214,000$167.8515
November 2025$335,000$197.4620
October 2025$335,000$197.4615
September 2025$335,000$205.4014
August 2025$365,000$205.4018
July 2025$365,000$208.5716
June 2025$381,000$212.9118
May 2025$381,000$231.1716
April 2025$405,000$217.2515
March 2025$415,500$220.4813
February 2025$405,000$230.1012
January 2025$384,000$246.8810
December 2024$319,500$214.2217
November 2024$359,500$225.0515
October 2024$369,000$215.1020

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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