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Lake Forest, IL real estate

Compare top Lake Forest real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Lake Forest real estate Market Report.

Information and statistics on the latest trends in the Lake Forest real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$1.4M
+9.3% from Q1 '26
Median list price
$1.6M
+20% from Q1 '26
Active listings
172
+21% from Q1 '26
Homes sold
98
+85% from Q1 '26
New pendings
78
-4.9% from Q1 '26
New listings
96
+6.7% from Q1 '26

Quarterly Pricing Trends for Lake Forest

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Lake Forest Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $799K Median sale price in Oct 2021 - Dec 2021: $758K Median sale price in Jan 2022 - Mar 2022: $1M Median sale price in Apr 2022 - Jun 2022: $975K Median sale price in Jul 2022 - Sep 2022: $1.2M Median sale price in Oct 2022 - Dec 2022: $1M Median sale price in Jan 2023 - Mar 2023: $788K Median sale price in Apr 2023 - Jun 2023: $950K Median sale price in Jul 2023 - Sep 2023: $943K Median sale price in Oct 2023 - Dec 2023: $1M Median sale price in Jan 2024 - Mar 2024: $1.1M Median sale price in Apr 2024 - Jun 2024: $1M Median sale price in Jul 2024 - Sep 2024: $1.1M Median sale price in Oct 2024 - Dec 2024: $1.1M Median sale price in Jan 2025 - Mar 2025: $1.2M Median sale price in Apr 2025 - Jun 2025: $1.4M Median sale price in Jul 2025 - Sep 2025: $1.2M Median sale price in Oct 2025 - Dec 2025: $1.2M Median sale price in Jan 2026 - Mar 2026: $1.3M Median sale price in Apr 2026 - Jun 2026: $1.4M Median list price in Jul 2021 - Sep 2021: $899K Median list price in Oct 2021 - Dec 2021: $929K Median list price in Jan 2022 - Mar 2022: $1.1M Median list price in Apr 2022 - Jun 2022: $1.1M Median list price in Jul 2022 - Sep 2022: $1.3M Median list price in Oct 2022 - Dec 2022: $915K Median list price in Jan 2023 - Mar 2023: $914K Median list price in Apr 2023 - Jun 2023: $1.1M Median list price in Jul 2023 - Sep 2023: $1M Median list price in Oct 2023 - Dec 2023: $1M Median list price in Jan 2024 - Mar 2024: $1.2M Median list price in Apr 2024 - Jun 2024: $1.2M Median list price in Jul 2024 - Sep 2024: $1.1M Median list price in Oct 2024 - Dec 2024: $1M Median list price in Jan 2025 - Mar 2025: $1.7M Median list price in Apr 2025 - Jun 2025: $1.3M Median list price in Jul 2025 - Sep 2025: $1.3M Median list price in Oct 2025 - Dec 2025: $1.2M Median list price in Jan 2026 - Mar 2026: $1.3M Median list price in Apr 2026 - Jun 2026: $1.6M Jul 2021 - Sep 2021 Median sale price $799K Median list price $899K Oct 2021 - Dec 2021 Median sale price $758K Median list price $929K Jan 2022 - Mar 2022 Median sale price $1M Median list price $1.1M Apr 2022 - Jun 2022 Median sale price $975K Median list price $1.1M Jul 2022 - Sep 2022 Median sale price $1.2M Median list price $1.3M Oct 2022 - Dec 2022 Median sale price $1M Median list price $915K Jan 2023 - Mar 2023 Median sale price $788K Median list price $914K Apr 2023 - Jun 2023 Median sale price $950K Median list price $1.1M Jul 2023 - Sep 2023 Median sale price $943K Median list price $1M Oct 2023 - Dec 2023 Median sale price $1M Median list price $1M Jan 2024 - Mar 2024 Median sale price $1.1M Median list price $1.2M Apr 2024 - Jun 2024 Median sale price $1M Median list price $1.2M Jul 2024 - Sep 2024 Median sale price $1.1M Median list price $1.1M Oct 2024 - Dec 2024 Median sale price $1.1M Median list price $1M Jan 2025 - Mar 2025 Median sale price $1.2M Median list price $1.7M Apr 2025 - Jun 2025 Median sale price $1.4M Median list price $1.3M Jul 2025 - Sep 2025 Median sale price $1.2M Median list price $1.3M Oct 2025 - Dec 2025 Median sale price $1.2M Median list price $1.2M Jan 2026 - Mar 2026 Median sale price $1.3M Median list price $1.3M Apr 2026 - Jun 2026 Median sale price $1.4M Median list price $1.6M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
22
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Inventory and contract activity in Lake Forest are showing mixed patterns in this rolling three-month view through June 2026. Active listings are down roughly a fifth from a year ago, while new listings have fallen even more, indicating fewer fresh options coming to market. Homes sold are essentially flat year over year, but pending sales are down by about a third, hinting at some cooling in new contract activity.

Pricing has been adjusting upward despite the softer contract flow. The typical home value is roughly in line with last year, yet the median list price is up a little over 20 percent year over year, suggesting sellers are testing higher price points. More than half of recent sales closed above list price, and the average sale-to-list ratio is just over 101 percent, both stronger than a year ago.

Speed of sale and supply levels underline the tilt toward sellers. Median days on market have dropped compared with last year, and months of supply has shrunk to just over two months, reinforcing the seller’s market reading for Lake Forest. Because conditions can feel tight for buyers while still requiring careful pricing strategy for sellers, Agent Pronto can connect both buyers and sellers with an agent who understands these local dynamics.



Learn more about what Lake Forest has to offer.

Lake Forest offers a family-friendly, welcoming community with top-rated schools, safe neighborhoods, abundant parks and trails, and convenient local amenities that make daily life both thriving and enjoyable.

Lake Forest offers a rare mix of tree lined neighborhoods, walkable conveniences, and easy access to both Chicago and Waukegan. Metra’s Union Pacific North line connects commuters to downtown Chicago, while nearby I 94 supports regional travel for work or weekend trips.

Daily life here is anchored by a historic yet active downtown. Market Square features local shops, cafes, and restaurants, and is an easy stroll from the Lake Forest Metra Station. Families value the strong public schools, including Lake Forest High School, and resources like the Lake Forest Library and Lake Forest College add cultural and educational depth.

Outdoor amenities are a major draw. Residents enjoy the lakefront at Forest Park Beach and miles of paths and programs through the Lake County Forest Preserves. Community centers and local parks support youth sports, fitness, and seasonal events that make it easy to stay active close to home.

Housing options range from historic homes near downtown to larger properties closer to Highland Park and Libertyville, each with its own character and price point. Whether you are relocating from Chicago or moving across town, a knowledgeable local agent can clarify neighborhoods, school boundaries, and commute patterns. Agent Pronto connects you with the right Lake Forest real estate professional so both buying and selling feel more informed and far less stressful.

Find your Lake Forest real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Kathy is the best! She is a great communicator and truly represents her clients in all aspects of a property purchase. Kathy helped me purchase a home for myself, as well a condo for my daughter, and everything went so smoothly. I highly recommend Katherine Rubis.”

Carol Heunisch · Evanston, IL

Photo of Househunters4u Team
Berkshire Hathaway Chicago
“Steven was very helpful, knowledgeable, passionate, and most importantly he met all of my needs! I will definitely use him for all of my future home purchases in the near future. Thanks again Steven, he's definitely a ROCK STAR! I can't wait to work with him in the near future. Betty Ng”

Betty Ng · Matteson, IL

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RE/MAX Suburban
“Meldina is an expert in the local market and an exceptional negotiator. Her professionalism, communication, and dedication exceeded our expectations. We highly recommend her!”

Lola Mandic · Johnsburg, IL

Photo of Meldina Realty Group
Century 21 Dream Homes
“Working with Emir is always a pleasure. He was very helpful in coordinating work on our house for sale, working with vendors and providing valuable feedback on neccesary work vs. potential work items unlikely to generate return. We closed sale of house 3 weeks from time of first listing. I'd worked with Emir before and hope to do so again in the future.”

Matt · Chicago, IL

Photo of Emir Vulic
Owners.com
“Our house could be considered high end property in the neighborhood. Cinny worked hard to get it under the contract in a week and sold our house a little over a month. We are happy about the result. During the process, there were ups and downs which made us nervious. Cinny listened to our concerns and gave us professional advice.”

Jane & James · Chicago, IL

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Century 21 Realty Associates
“Would use Lizette again, very easy to work with & very professional. Would recommend here 100% to Friends.”

Bill Zabresky · Wheeling, IL

Photo of Lizette Andrews Delgado
REALTY OF AMERICA
“Renee O'Brien was very understanding, helpful, and kind .... knowledgable in the house situation and problem solving to move the sale along swiftly...”

K Ritchie · Janesville, WI

Photo of Renee OBrien Group
Keller Williams North Shore West
“Nancy Silwa is an experienced realtor who knows her profession. She knows, and in fact lives in the area, where I was selling my house. This was a bonus as she really had a handle on the market. She walked with me every step of the way so that I understood the process. I was selling a home I had lived in for 43 years. Nancy understood the emotional impact of this decision and gently helped me stay focused on the task at hand: sell the house. She found the perfect buyers. A young couple who will make my house their home. Knowing this made selling my home a little easier. I would and indeed have recommended Nancy to others. She is simply THE BEST!”

Pam Conrad · Elmhurst, IL

Photo of Sliwa team
Coldwell Banker
“Juan helped us immensely in buying our first home and answered every question we had. Would 100% recommend.”

Sara S. · Oak Park, IL

Photo of Juan Espinosa
E-Professionals Realty, LLC
“I had an amazing experience working with Erick when purchasing my new home. From the very beginning, he took the time to understand exactly what I was looking for and offered valuable insights into the housing market. Erick was incredibly knowledgeable, patient, and responsive, answering all my questions and guiding me through every step of the process. The process of finding the perfect home can be overwhelming, but Erick made it seamless. He was always available to schedule viewings at my convenience, and when we found the right place, he worked tirelessly to ensure my offer was competitive and that all the paperwork was handled efficiently. Thanks to Erick, I now own a home that I absolutely love. I highly recommend him to anyone looking for a dedicated and professional real estate agent.”

Liz Sanchez · Addison, IL

Photo of Erick Coley
Berkshire Hathaway American Heritage
“I highly recommend William for Buying or Selling a home. He has helped many members of our family and is trusted like a friend.”

Victor · Barrington, IL

Photo of William Squires
Real 1 Realty
“Agent Pronto helped up find a good agent in Larry. He was a pleasure to work with and helped us through a challenging sale.”

Dennis S. · Arlington Heights, IL

Photo of Larry Schneider
The Jason Mitchell Group Jason Mitchell Real Estate IL
“I found a great agent! We were able to sell the property within three days after it was listed. It was a pleasure working with Diana Matichyn and her team. I would highly recommend her.”

Daniela J. · Palatine, IL

Photo of Diana Matichyn
Coldwell Banker Realty
“Larry is by far the most AMAZING Realtor. He was always very responsive to my calls, texts, request, etc. We built up such a great relationship through this crazy process, that even after we closed on our new home, he reached out to check on us. He is always looking to get the best deal for his clients. He is like family now to us and will always have his own seat next to the firepit in our backyard. I would DEFINETLY recommend Larry to anyone and everyone looking to buy or sell. AMAZING.. Can't say enough Great things about Larry.”

Kathleen and Joe · Wheaton, IL

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“Linda DeMarco did a great job she’s kind and helpful”

Bouchra · Schaumburg, IL

Photo of Linda DeMarco
@Properties
“Easily one of the best realtors, he was extremely friendly didn’t rush us for houses tours. He also showed my family and me plenty of houses on the market for months.”

Nate Henley · Matteson, IL

Photo of Christine & Ramon Corp
Christine & Ramon Corp
“Dena was amazing! She helped us tremendously...She helped us with a new lender and made our dream come true, and not even Covid-19 stopped us! Forever grateful. ”

Nancy O. · Aurora, IL

Photo of The Dena Furlow Team
Keller Williams Infinity

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lake Forest. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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