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Green Oaks, IL

Full City Profile · Illinois · Lake County County

3.7 /5.0
B+ Good
4,085 Population 1,024/sq mi density
$133,472 Median Income $78,872 per capita
$653,500 Home Value $205,025 Zillow
$1,300 Median Rent 35.5% income on rent
48°F Avg Temperature 261 sunny days/yr
54 Violent Crime/100K 1,295 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$133,472 median income, 1.1% unemployment
B+
Affordability
3.9 / 5.0
$653,500 home value, $1,300/mo rent
F
Safety
1.0 / 5.0
54 violent crimes/100K
A+
Education
5.0 / 5.0
57.9% bachelor's degree or higher

Housing Overview

Median Home Value
$653,500
132% above
US avg: $281,900
Median Rent
$1,300/mo
12% above
US avg: $1,163/mo
Homeownership Rate
70.5%
8% above US avg (65.4%)
Total Housing Units
1,664
Median year built: 1990

Home Value by Source

Census Median
$653,500
Zillow (ZHVI)
$205,025
Median Sale Price
$1,230,937
Median List Price
$849,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.5%
Owner-Occupied
29.5%
Renter-Occupied
71%
30%
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: $1,300/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$302
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
70.5%

Complete Housing Data

Home Values

Census Median Value$653,500
Zillow Home Value (ZHVI)$205,025
Median Sale Price$1,230,937
Median List Price$849,900
Price Per Sq Ft$302

Rent

Census Median Rent$1,300
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 Market88
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory4
Price Per Sq Ft$302

Ownership & Stock

Owner-Occupied70.5%
Renter-Occupied29.5%
Homeownership Rate70.5%
Total Housing Units1,664
Median Year Built1990
Rent Burden35.5%