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2024 Compare Cities Housing:
Potomac, MD vs Lake Forest, IL

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Highlights
- The median age of a home in Potomac is 2.3% younger than the median age of a home in Lake Forest.

Housing
 Potomac, MDLake Forest, ILUnited States
 Median Home Age444542
 Median Home Cost$1,195,800$898,600$338,100
 Home Appr. Last 12 months11.3%14.5%16.6%
 Home Appr. Last 5 yrs.30.3%31.8%57.0%
 Home Appr. Last 10 yrs.46.2%54.6%101.1%
 Property Tax Rate$10.0$28.8$11.0
 Homes Owned82.5%79.4%57.4%
 Housing Vacant2.9%8.5%11.2%
 Homes Rented14.6%12.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Potomac, MDLake Forest, ILUnited States
 Average Rent$3,390$2,700$1,840
 Studio Apartment$2,380$1,740$1,080
 1 Bedroom Home or Apartment$2,410$1,880$1,180
 2 Bedroom Home or Apartment$2,750$2,160$1,430
 3 Bedroom Home or Apartment$3,440$2,740$1,860
 4 Bedroom Home or Apartment$4,100$3,260$2,160
 space1
 Vacant Housing
 Potomac, MDLake Forest, ILUnited States
 Vacant For Rent0.2%1.3%1.9%
 Vacant Rented0.1%0.2%0.4%
 Vacant For Sale1.6%1.0%0.7%
 Vacant Sold0.2%0.3%0.4%
 Vacant Vacation0.3%2.5%3.6%
 Vacant Other0.5%3.2%4.1%
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 Owner-Occupied Housing Value
 Potomac, MDLake Forest, ILUnited States
 Less Than $20,0001.0%1.6%2.6%
 $20,000 to $39,9990.0%0.0%2.4%
 $40,000 to $59,9990.0%0.4%2.8%
 $60,000 to $79,9990.0%0.2%3.9%
 $80,000 to $99,9990.1%0.6%4.5%
 $100,000 to $149,9990.2%0.3%11.3%
 $150,000 to $199,9990.8%0.7%13.0%
 $200,000 to $299,9993.5%3.1%20.1%
 $300,000 to $399,9992.4%6.9%13.6%
 $400,000 to $499,9991.3%7.0%8.3%
 $500,000 to $749,99918.1%22.5%9.7%
 $750,000 to $999,99930.3%26.5%3.9%
 $1,000,000 to $1,499,99928.2%13.6%2.2%
 $1,500,000 to $1,999,9999.1%8.9%0.8%
 $2,000,000 and over5.1%7.7%1.1%
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 Housing Units By Year Built
 Potomac, MDLake Forest, ILUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20145.4%9.9%13.6%
 2000 to 20095.4%9.9%13.6%
 1990 to 19999.1%15.3%13.6%
 1980 to 198923.8%13.8%13.2%
 1970 to 197925.2%14.1%14.8%
 1960 to 19699.1%15.3%13.6%
 1950 to 19594.3%12.2%10.0%
 1940 to 19490.9%2.5%4.7%
 1939 or Earlier0.8%14.1%12.2%

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Reviews for Potomac    2 Reviews

Over 16 years ago

Spring and Fall can be quite glorious when the leaves turn or the tulips pop out and the humidity is lower. Winter, while it has some splendid "snow days," goes on much  More

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Over 16 years ago

The Potomac area in Montgomery County, Maryland, has the best of everything. High schools rated in the top 5 in the State, easy access to the Nation's Capitol,  More

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Reviews for Lake Forest    4 Reviews

We relocated cross county to Lake Forest about a year ago due to a job change. We looked at nearby communities, within proximity of the work commute (the office is in  More

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Be prepared for a so called upscale town with entitled, overpaid, snooty people from teenagers who sneer at you to adults who look you up and down, who make demands on a  More

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Over 14 years ago

Long cold winters, short cold springs, hot humid summers, nice  More

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ZIPS IN POTOMAC, MARYLAND
20854
ZIPS IN LAKE FOREST, ILLINOIS
60045

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