Grayslake, IL Housing


3 Reviews



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Grayslake, IL is a popular residential area in the US with a median house value of $280,800. This is slightly lower than the US median house value of $338,100 but has seen a higher appreciation rate over the past year at 8.83%, which is just slightly above the national average of 8.27%. Grayslake continues to be an attractive place to live due to its high quality residential options and rising home values.

The median home cost in Grayslake is $280,800. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Grayslake is up 14.5%.

Average Age of Homes
- The median age of Grayslake real estate is 24 years old
The Rental Market in Grayslake
- Renters make up 27.3% of the Grayslake population
- 1.4% of houses and apartments in Grayslake, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGrayslake, IllinoisUnited States
  8,149.0139,647,020.0
  2742
  $280,800$338,100
  14.5%16.6%
  31.8%57.0%
  54.6%101.1%
  $28.77$10.98
  $9,611$2,690
  70.7%57.4%
  4.1%11.2%
  25.3%31.4%
  Vacant Housing
  1.4%1.9%
  0.0%0.4%
  1.3%0.7%
  0.0%0.4%
  0.8%3.6%
  0.5%4.1%
  Value of Owner-Occupied Housing
  0.7%2.6%
  0.3%2.4%
  1.3%2.8%
  0.1%3.9%
  1.5%4.5%
  4.8%11.3%
  18.8%13.0%
  44.0%20.1%
  21.5%13.6%
  5.4%8.3%
  1.0%9.7%
  0.2%3.9%
  0.6%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  18.1%13.6%
  18.1%13.6%
  46.1%13.6%
  9.2%13.2%
  7.4%14.8%
  46.1%13.6%
  5.5%10.0%
  2.4%4.7%
  4.3%12.2%
Reviews for Grayslake
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Over 10 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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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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Over 14 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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