All Countries
Grayslake, IL
Full City Profile · Illinois · McHenry County County
3.9
/5.0
B+
Good
20,707
Population
1,895/sq mi density
$113,697
Median Income
$53,833 per capita
$293,900
Home Value
$355,302 Zillow
$1,434
Median Rent
26.5% income on rent
48°F
Avg Temperature
260 sunny days/yr
62
Violent Crime/100K
852 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$113,697 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$293,900 home value, $1,434/mo rent
F
Safety
1.0 / 5.0
62 violent crimes/100K
A+
Education
5.0 / 5.0
59.1% bachelor's degree or higher
Housing Overview
Median Home Value
$293,900
4% above
US avg: $281,900
Median Rent
$1,434/mo
23% above
US avg: $1,163/mo
Homeownership Rate
76.3%
17% above US avg (65.4%)
Total Housing Units
8,340
Median year built: 1994
Home Value by Source
Census Median
$293,900
Zillow (ZHVI)
$355,302
Median Sale Price
$340,000
Median List Price
$394,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.3%
Owner-Occupied
23.7%
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
Census median rent:
$1,434/mo
· Zillow rent:
$1,713/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
7.9%
of listings with price reduction
Price Per Sq Ft
$210
Active Inventory
38
homes for sale
Affordability & Housing Stock
Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
76.3%
Complete Housing Data
Home Values
| Census Median Value | $293,900 |
| Zillow Home Value (ZHVI) | $355,302 |
| Median Sale Price | $340,000 |
| Median List Price | $394,450 |
| Price Per Sq Ft | $210 |
Rent
| Census Median Rent | $1,434 |
| Zillow Rent (ZORI) | $1,713 |
| 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 | 42 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 7.9% |
| Homes Sold | 17 |
| Active Inventory | 38 |
| Price Per Sq Ft | $210 |
Ownership & Stock
| Owner-Occupied | 76.3% |
| Renter-Occupied | 23.7% |
| Homeownership Rate | 76.3% |
| Total Housing Units | 8,340 |
| Median Year Built | 1994 |
| Rent Burden | 26.5% |