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Lake Bluff, IL

Full City Profile · Illinois · Lake County County

3.9 /5.0
B+ Good
5,834 Population 1,430/sq mi density
$205,735 Median Income $111,197 per capita
$739,400 Home Value $615,993 Zillow
$1,826 Median Rent 36.6% income on rent
48°F Avg Temperature 261 sunny days/yr
18 Violent Crime/100K 963 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$205,735 median income, 2.1% unemployment
A+
Affordability
4.7 / 5.0
$739,400 home value, $1,826/mo rent
F
Safety
1.0 / 5.0
18 violent crimes/100K
A+
Education
5.0 / 5.0
81.8% bachelor's degree or higher

Housing Overview

Median Home Value
$739,400
162% above
US avg: $281,900
Median Rent
$1,826/mo
57% above
US avg: $1,163/mo
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
2,313
Median year built: 1976

Home Value by Source

Census Median
$739,400
Zillow (ZHVI)
$615,993
Median Sale Price
$1,149,500
Median List Price
$750,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.5%
Owner-Occupied
8.5%
Renter-Occupied
92%
9%
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: $1,826/mo · Zillow rent: $2,099/mo

Market Indicators (Redfin)

Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$412
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
36.6%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
91.5%

Complete Housing Data

Home Values

Census Median Value$739,400
Zillow Home Value (ZHVI)$615,993
Median Sale Price$1,149,500
Median List Price$750,000
Price Per Sq Ft$412

Rent

Census Median Rent$1,826
Zillow Rent (ZORI)$2,099
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 Market32
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold6
Active Inventory11
Price Per Sq Ft$412

Ownership & Stock

Owner-Occupied91.5%
Renter-Occupied8.5%
Homeownership Rate91.5%
Total Housing Units2,313
Median Year Built1976
Rent Burden36.6%