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2025 Compare Cities Housing:
Grayslake, IL vs Valparaiso, IN

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Highlights
- The median age of a home in Grayslake is 59.3% younger than the median age of a home in Valparaiso.
 Grayslake, ILValparaiso, INUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$301,200$338,100
 Home Appr. Last 12 months14.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock54.9%57.0%
 Home Appr. Last 10 yrs.54.6%  Unlock101.1%
 Property Tax Rate  Unlock$9.2$11.0
 Homes Owned70.7%  Unlock57.4%
 Housing Vacant  Unlock5.7%11.2%
 Homes Rented25.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Grayslake, ILValparaiso, INUnited States
 Average Rent  Unlock$1,320$1,840
 Studio Apartment$1,260  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$890$1,180
 2 Bedroom Home or Apartment$1,570  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,340$1,860
 4 Bedroom Home or Apartment$2,370  Unlock$2,160
 space1
 Vacant Housing
 Grayslake, ILValparaiso, INUnited States
 Vacant For Rent  Unlock3.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other0.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Grayslake, ILValparaiso, INUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock1.0%4.5%
 $100,000 to $149,9994.8%  Unlock11.3%
 $150,000 to $199,999  Unlock26.6%13.0%
 $200,000 to $299,99944.0%  Unlock20.1%
 $300,000 to $399,999  Unlock13.7%13.6%
 $400,000 to $499,9995.4%  Unlock8.3%
 $500,000 to $749,999  Unlock3.5%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Grayslake, ILValparaiso, INUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock9.5%13.6%
 2000 to 200918.1%  Unlock13.6%
 1990 to 1999  Unlock19.2%13.6%
 1980 to 19899.2%  Unlock13.2%
 1970 to 1979  Unlock17.2%14.8%
 1960 to 196946.1%  Unlock13.6%
 1950 to 1959  Unlock7.8%10.0%
 1940 to 19492.4%  Unlock4.7%
 1939 or Earlier  Unlock15.0%12.2%
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Reviews for Grayslake    3 Reviews
diane · Grayslake, IL
Property tax
Over 11 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Mom2 · Grayslake, IL
Humid in summer, cold in winter
Over 14 years ago

Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Fred · Grayslake, IL
Property Taxes are high
Over 15 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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Reviews for Valparaiso    11 Reviews
Samantha · Valparaiso, IN
Pleasantly Surprised
Over 10 years ago

I moved to Valparaiso, IN about 1 year ago. I moved here because I was attending the law school located here. At a glance, it appears to be a small town, with many new  More

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Luke · Valparaiso, IN
Best Places to Eat
Over 11 years ago

My favorite restaurants in Valparaiso are: Panera Bread--The lines sometimes get long, but, the service is decent and the food is great. Red Robin--Bottomless fries  More

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gr8ful · Sterling, CO
Beautiful country living in big metropolis
Over 12 years ago

I loved driving anywhere, down any road because of the trees, fields and green, green grass that is all over. Cost of living is outrageous! But lil towns close by make  More

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Learn More About Grayslake, Illinois
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