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Lynwood, IL

Full City Profile · Illinois · Lake County County

3.5 /5.0
B+ Good
9,047 Population 1,767/sq mi density
$76,619 Median Income $35,112 per capita
$213,700 Home Value $268,697 Zillow
$1,151 Median Rent 51.0% income on rent
53°F Avg Temperature 275 sunny days/yr
796 Violent Crime/100K 4,679 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$76,619 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$213,700 home value, $1,151/mo rent
F
Safety
1.0 / 5.0
796 violent crimes/100K (109% above avg)
A
Education
4.2 / 5.0
39.6% bachelor's degree or higher

Housing Overview

Median Home Value
$213,700
24% below
US avg: $281,900
Median Rent
$1,151/mo
1% below
US avg: $1,163/mo
Homeownership Rate
81.4%
24% above US avg (65.4%)
Total Housing Units
3,558
Median year built: 1989

Home Value by Source

Census Median
$213,700
Zillow (ZHVI)
$268,697
Median Sale Price
$211,500
Median List Price
$284,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.4%
Owner-Occupied
18.6%
Renter-Occupied
81%
19%
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: $1,151/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$115
Active Inventory
30
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
81.4%

Complete Housing Data

Home Values

Census Median Value$213,700
Zillow Home Value (ZHVI)$268,697
Median Sale Price$211,500
Median List Price$284,900
Price Per Sq Ft$115

Rent

Census Median Rent$1,151
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 Market81
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold7
Active Inventory30
Price Per Sq Ft$115

Ownership & Stock

Owner-Occupied81.4%
Renter-Occupied18.6%
Homeownership Rate81.4%
Total Housing Units3,558
Median Year Built1989
Rent Burden51.0%