All Countries
Bannockburn, IL
Full City Profile · Illinois · Lake County County
4.0
/5.0
A
Great
1,125
Population
554/sq mi density
$195,625
Median Income
$88,540 per capita
$1,110,800
Home Value
$1,212,664 Zillow
51°F
Avg Temperature
260 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$195,625 median income, 1.2% unemployment
B
Affordability
3.5 / 5.0
$1,110,800 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
86.7% bachelor's degree or higher
Housing Overview
Median Home Value
$1,110,800
294% above
US avg: $281,900
Homeownership Rate
88.3%
35% above US avg (65.4%)
Total Housing Units
248
Median year built: 1970
Home Value by Source
Census Median
$1,110,800
Zillow (ZHVI)
$1,212,664
Median Sale Price
$1,310,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.3%
Owner-Occupied
11.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$267
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
88.3%
Complete Housing Data
Home Values
| Census Median Value | $1,110,800 |
| Zillow Home Value (ZHVI) | $1,212,664 |
| Median Sale Price | $1,310,000 |
| Price Per Sq Ft | $267 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $267 |
Ownership & Stock
| Owner-Occupied | 88.3% |
| Renter-Occupied | 11.7% |
| Homeownership Rate | 88.3% |
| Total Housing Units | 248 |
| Median Year Built | 1970 |
| Rent Burden | 18.6% |