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2024 Compare Cities Housing:
Prospect Heights, IL vs Lake Forest, IL

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Highlights
- The median age of a home in Prospect Heights is 2.2% older than the median age of a home in Lake Forest.

Housing
 Prospect Heights, ILLake Forest, ILUnited States
 Median Home Age464542
 Median Home Cost$297,000$898,600$338,100
 Home Appr. Last 12 months14.5%14.5%16.6%
 Home Appr. Last 5 yrs.31.8%31.8%57.0%
 Home Appr. Last 10 yrs.54.6%54.6%101.1%
 Property Tax Rate$24.5$28.8$11.0
 Homes Owned64.6%79.4%57.4%
 Housing Vacant1.7%8.5%11.2%
 Homes Rented33.8%12.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Prospect Heights, ILLake Forest, ILUnited States
 Average Rent$1,720$2,700$1,840
 Studio Apartment$1,110$1,740$1,080
 1 Bedroom Home or Apartment$1,200$1,880$1,180
 2 Bedroom Home or Apartment$1,370$2,160$1,430
 3 Bedroom Home or Apartment$1,740$2,740$1,860
 4 Bedroom Home or Apartment$2,070$3,260$2,160
 space1
 Vacant Housing
 Prospect Heights, ILLake Forest, ILUnited States
 Vacant For Rent0.0%1.3%1.9%
 Vacant Rented0.0%0.2%0.4%
 Vacant For Sale0.3%1.0%0.7%
 Vacant Sold0.2%0.3%0.4%
 Vacant Vacation1.2%2.5%3.6%
 Vacant Other0.0%3.2%4.1%
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 Owner-Occupied Housing Value
 Prospect Heights, ILLake Forest, ILUnited States
 Less Than $20,0000.0%1.6%2.6%
 $20,000 to $39,9990.3%0.0%2.4%
 $40,000 to $59,9990.9%0.4%2.8%
 $60,000 to $79,9993.2%0.2%3.9%
 $80,000 to $99,9996.7%0.6%4.5%
 $100,000 to $149,99912.5%0.3%11.3%
 $150,000 to $199,9998.1%0.7%13.0%
 $200,000 to $299,99916.3%3.1%20.1%
 $300,000 to $399,99919.1%6.9%13.6%
 $400,000 to $499,99910.8%7.0%8.3%
 $500,000 to $749,99915.0%22.5%9.7%
 $750,000 to $999,9996.9%26.5%3.9%
 $1,000,000 to $1,499,9990.0%13.6%2.2%
 $1,500,000 to $1,999,9990.0%8.9%0.8%
 $2,000,000 and over0.3%7.7%1.1%
 space3
 Housing Units By Year Built
 Prospect Heights, ILLake Forest, ILUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20144.6%9.9%13.6%
 2000 to 20094.6%9.9%13.6%
 1990 to 199910.4%15.3%13.6%
 1980 to 198920.0%13.8%13.2%
 1970 to 197928.8%14.1%14.8%
 1960 to 196910.4%15.3%13.6%
 1950 to 195913.2%12.2%10.0%
 1940 to 19492.8%2.5%4.7%
 1939 or Earlier1.2%14.1%12.2%

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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 PROSPECT HEIGHTS, ILLINOIS
No Zip Codes Here.
ZIPS IN LAKE FOREST, ILLINOIS
60045

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