Lake Forest, IL Real Estate & Property Data

Lake Forest Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Lake Forest, IL 60045. ATTOM’s Lake Forest real estate data is updated daily, and current market trends show that in Lake Forest, IL a total of 351 residential properties have sold over the past year. With a median home price of $971,250 in Lake Forest and a total of 3 foreclosures. Get detailed property data for Lake Forest, IL instantly. ATTOM is your one-stop-shop for the Lake Forest property reports and real estate data you need in Lake Forest, IL.

Lake Forest Real Estate Market Trends
Total Residential Properties 7,557
Total Commercial Properties 327
Avg. Home Age (Single Family Home) 54 Years
Avg. Square Feet (Single Family Home) 3,334
Total 2025 Residential Sales (year-to-date) 33
% of Homes Seriously Underwater (Q2 2025) 1.62%
Total 2024 Residential Sales 352
% of Equity Rich Homes (Q2 2025) 38.19%
Effective 2024 Property Tax 1.56%
Total Foreclosure Filings (year-to-date) 3
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Lake Forest, IL 60045 Real Estate Overview

There were 351 residential properties sold in the past year in Lake Forest, IL 60045. The median home value in Lake Forest, IL 60045 is $965,350. There are a total of 7,557 residential properties in the 60045.

Median Sales Price i
$971,250
(Feb 2025)
-19.1%
year-over-year
y-o-y
  • February '25 Feb '25 $971,250
  • January '25 Jan '25 $835,000
  • December '24 Dec '24 $965,000
  • November '24 Nov '24 $1,039,250
  • October '24 Oct '24 $957,500
  • September '24 Sep '24 $1,100,000
  • August '24 Aug '24 $902,500
  • July '24 Jul '24 $1,072,500
  • June '24 Jun '24 $1,127,500
  • May '24 May '24 $992,500
  • April '24 Apr '24 $1,150,000
  • March '24 Mar '24 $1,405,000
Median Down Payment i
$226,125
(Feb 2025)
-47.8%
year-over-year
y-o-y
  • February '25 Feb '25 $226,125
  • January '25 Jan '25 $170,000
  • December '24 Dec '24 $258,125
  • November '24 Nov '24 $259,250
  • October '24 Oct '24 $202,000
  • September '24 Sep '24 $260,000
  • August '24 Aug '24 $188,775
  • July '24 Jul '24 $215,000
  • June '24 Jun '24 $287,300
  • May '24 May '24 $280,000
  • April '24 Apr '24 $250,000
  • March '24 Mar '24 $360,288
Number of Homes Sold i
10
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 23
  • December '24 Dec '24 26
  • November '24 Nov '24 22
  • October '24 Oct '24 28
  • September '24 Sep '24 33
  • August '24 Aug '24 28
  • July '24 Jul '24 40
  • June '24 Jun '24 22
  • May '24 May '24 38
  • April '24 Apr '24 30
  • March '24 Mar '24 31
Number of Purchase Loans i
10
(Feb 2025)
-28.6%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 20
  • December '24 Dec '24 12
  • November '24 Nov '24 7
  • October '24 Oct '24 16
  • September '24 Sep '24 24
  • August '24 Aug '24 19
  • July '24 Jul '24 22
  • June '24 Jun '24 11
  • May '24 May '24 15
  • April '24 Apr '24 17
  • March '24 Mar '24 22
Number of REFI Loans i
5
(Feb 2025)
-44.4%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 24
  • December '24 Dec '24 16
  • November '24 Nov '24 23
  • October '24 Oct '24 30
  • September '24 Sep '24 20
  • August '24 Aug '24 8
  • July '24 Jul '24 13
  • June '24 Jun '24 8
  • May '24 May '24 11
  • April '24 Apr '24 16
  • March '24 Mar '24 15
Number of HELOC Loans i
14
(Feb 2025)
+180%
year-over-year
y-o-y
  • February '25 Feb '25 14
  • January '25 Jan '25 20
  • December '24 Dec '24 14
  • November '24 Nov '24 16
  • October '24 Oct '24 13
  • September '24 Sep '24 13
  • August '24 Aug '24 14
  • July '24 Jul '24 7
  • June '24 Jun '24 9
  • May '24 May '24 11
  • April '24 Apr '24 10
  • March '24 Mar '24 7

Lake Forest, IL 60045 Foreclosure Activity

There were a total of 3 Lake Forest, IL 60045 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
  • February '25 Feb '25 3
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 2
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
2
(Feb 2025)
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 2
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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