The housing market in 60045 Lake Forest, IL is doing very well, with a median value of $897,000. This is significantly higher than the US median house value of $338,100 and the one-year appreciation rate of 8.27% across the country. What's even more impressive is that the one-year appreciation rate in this area is 8.83%, giving potential buyers plenty of confidence in this market. With strong demand and excellent prices, 60045 Lake Forest, IL looks to be a great place to buy a home.
The median home cost in Lake Forest (zip 60045) is $897,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Lake Forest (zip 60045) is up 14.5%.
Average Age of Homes
- The median age of Lake Forest (zip 60045) real estate is 42 years old
The Rental Market in Lake Forest (zip 60045)
- Renters make up 10.6% of the Lake Forest (zip 60045) population
- 1.2% of houses and apartments in Lake Forest (zip 60045), 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.