All Countries
Forest Lake, IL
Full City Profile · Illinois · McHenry County County
4.2
/5.0
A
Great
1,797
Population
5,134/sq mi density
$92,956
Median Income
$41,348 per capita
$318,300
Home Value
$444,921 Zillow
48°F
Avg Temperature
260 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.5 / 5.0
$92,956 median income, 4.3% unemployment
A+
Affordability
4.8 / 5.0
$318,300 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.4% bachelor's degree or higher
Housing Overview
Median Home Value
$318,300
13% above
US avg: $281,900
Homeownership Rate
94.5%
44% above US avg (65.4%)
Total Housing Units
631
Median year built: 1993
Home Value by Source
Census Median
$318,300
Zillow (ZHVI)
$444,921
Median Sale Price
$380,000
Median List Price
$382,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.5%
Owner-Occupied
5.5%
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
128 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$275
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
30.3%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
94.5%
Complete Housing Data
Home Values
| Census Median Value | $318,300 |
| Zillow Home Value (ZHVI) | $444,921 |
| Median Sale Price | $380,000 |
| Median List Price | $382,500 |
| Price Per Sq Ft | $275 |
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 | 128 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.5% |
| Homes Sold | 3 |
| Active Inventory | 8 |
| Price Per Sq Ft | $275 |
Ownership & Stock
| Owner-Occupied | 94.5% |
| Renter-Occupied | 5.5% |
| Homeownership Rate | 94.5% |
| Total Housing Units | 631 |
| Median Year Built | 1993 |
| Rent Burden | 30.3% |