Gurnee, IL
Full City Profile · Illinois · Lake County County
3.9
/5.0
B+
Good
30,486
Population
2,257/sq mi density
$121,410
Median Income
$57,800 per capita
$331,100
Home Value
$382,364 Zillow
$1,594
Median Rent
29.4% income on rent
48°F
Avg Temperature
163
Violent Crime/100K
2,257 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$121,410 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$331,100 home value, $1,594/mo rent
F
Safety
1.0 / 5.0
163 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)
$382,364
Redfin Median Sale
$331,500
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
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 Sale Price
$331,500
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) | $382,364 |
| Redfin Median Sale | $331,500 |
| 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 Market | 60 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.5% |
| Homes Sold | 20 |
| Active Inventory | 58 |
| Price Per Sq Ft | $184 |
Ownership & Stock
| Owner-Occupied | 74.4% |
| Renter-Occupied | 25.6% |
| Homeownership Rate | 74.4% |
| Total Housing Units | 12,142 |
| Median Year Built | 1992 |
| Rent Burden | 29.4% |