Gurnee, IL is a village located in Lake County, Illinois. The current median housing value in Gurnee is $296,400 which is slightly lower than the US median housing value of $338,100. The appreciation rate for houses in Gurnee over the last year was 8.83%, which is above the national average of 8.27%. This is indicative of a strong real estate market and growing demand for homes in Gurnee. With its proximity to Chicago and other major cities, Gurnee continues to be an attractive option for prospective home buyers.
The median home cost in Gurnee is $296,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Gurnee is up 14.5%.
Average Age of Homes
- The median age of Gurnee real estate is 26 years old
The Rental Market in Gurnee
- Renters make up 26.4% of the Gurnee population
- 1.7% of houses and apartments in Gurnee, 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.