2026 Compare Cities Housing:
Southaven, MS vs Lake Forest, IL

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Highlights
- The median age of a home in Southaven is 73.1% younger than the median age of a home in Lake Forest.
 Southaven, MSLake Forest, ILUnited States
 Median Home Age26  Unlock42
 Median Home Cost  Unlock$898,600$338,100
 Home Appr. Last 12 months19.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.80.3%  Unlock101.1%
 Property Tax Rate  Unlock$28.8$11.0
 Homes Owned66.8%  Unlock57.4%
 Housing Vacant  Unlock8.5%11.2%
 Homes Rented26.9%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Southaven, MSLake Forest, ILUnited States
 Average Rent  Unlock$2,700$1,840
 Studio Apartment$990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,880$1,180
 2 Bedroom Home or Apartment$1,280  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,740$1,860
 4 Bedroom Home or Apartment$1,970  Unlock$2,160
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 Vacant Housing
 Southaven, MSLake Forest, ILUnited States
 Vacant For Rent  Unlock1.3%1.9%
 Vacant Rented0.3%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock2.5%3.6%
 Vacant Other1.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Southaven, MSLake Forest, ILUnited States
 Less Than $20,000  Unlock1.6%2.6%
 $20,000 to $39,9990.8%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9995.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.6%4.5%
 $100,000 to $149,99921.8%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99929.1%  Unlock20.1%
 $300,000 to $399,999  Unlock6.9%13.6%
 $400,000 to $499,9990.8%  Unlock8.3%
 $500,000 to $749,999  Unlock22.5%9.7%
 $750,000 to $999,9991.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock13.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock7.7%1.1%
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 Housing Units By Year Built
 Southaven, MSLake Forest, ILUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock9.9%13.6%
 2000 to 200927.6%  Unlock13.6%
 1990 to 1999  Unlock15.3%13.6%
 1980 to 198913.5%  Unlock13.2%
 1970 to 1979  Unlock14.1%14.8%
 1960 to 196921.1%  Unlock13.6%
 1950 to 1959  Unlock12.2%10.0%
 1940 to 19491.3%  Unlock4.7%
 1939 or Earlier  Unlock14.1%12.2%
Reviews for Southaven    5 Reviews

Southaven, MS has grown tremendously over the last past 15 years. Many people from Memphis, TN has moved here. The housing is very affordable but jobs are hard to come  More

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Over 17 years ago

I am planning to relocate to Southaven Mississippi in March to be closer to my family in Memphis. I have over 20 years administrative assistant experience. Are there  More

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My wife and I relocated here recently back into her hometown of Southaven, MS. Since this time we have had our Garage Sale signs pulled up off of the street because of a  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 16 years ago

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

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