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Gurnee, IL

Full City Profile · Illinois · Lake County County

4.0 /5.0
A Great
30,486 Population 2,257/sq mi density
$121,410 Median Income $57,800 per capita
$331,100 Home Value $364,252 Zillow
$1,594 Median Rent 29.4% income on rent
48°F Avg Temperature 261 sunny days/yr
131 Violent Crime/100K 3,260 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$121,410 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$331,100 home value, $1,594/mo rent
F
Safety
1.0 / 5.0
131 violent crimes/100K
A+
Education
5.0 / 5.0
54.4% bachelor's degree or higher

Housing Overview

Median Home Value
$331,100
17% above
US avg: $281,900
Median Rent
$1,594/mo
37% above
US avg: $1,163/mo
Homeownership Rate
74.4%
14% above US avg (65.4%)
Total Housing Units
12,142
Median year built: 1992

Home Value by Source

Census Median
$331,100
Zillow (ZHVI)
$364,252
Median Sale Price
$331,500
Median List Price
$434,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.4%
Owner-Occupied
25.6%
Renter-Occupied
74%
26%
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: $1,594/mo · Zillow rent: $1,828/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
15.5%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
74.4%

Complete Housing Data

Home Values

Census Median Value$331,100
Zillow Home Value (ZHVI)$364,252
Median Sale Price$331,500
Median List Price$434,450
Price Per Sq Ft$184

Rent

Census Median Rent$1,594
Zillow Rent (ZORI)$1,828
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 Market60
Sale-to-List Ratio1.0%
Price Drops15.5%
Homes Sold20
Active Inventory58
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied74.4%
Renter-Occupied25.6%
Homeownership Rate74.4%
Total Housing Units12,142
Median Year Built1992
Rent Burden29.4%