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Today: September 22, 2025

Current Price

$305,199

1 Month Forecast

$328,022

1-Year Forecast *

$347,406

5-Year Forecast *

$413,711

"Is it a good time to buy homes in Gages Lake?" "Does investing in real estate in Gages Lake (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Gages Lake is a good short-term (1-year) investment*. The Gages Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Gages Lake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Gages Lake in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Gages Lake can be a profitable property investment option. The median price of an average house in Gages Lake was 305,199 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Gages Lake" area is 413,711 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +35.55% meaning that investing 100000 USD today may yield a profit of 35,555 USD by 2030.

Current Median Listing Price: 305,199 USD Median Listing Price Per Square Foot: 170 USD

Gages Lake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Gages Lake (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Gages Lake Price Target

Gages Lake median home price target in 12 months: $347,406* (upside of 13.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $325,582 $325,875 $325,262 $326,860
2024 $283,857 $305,199 $283,857 $305,199
2023 $264,721 $282,983 $264,721 $282,983
2022 $243,011 $264,701 $243,011 $266,786
2021 $222,354 $240,031 $222,354 $241,911
2020 $205,742 $219,682 $205,742 $219,682
2019 $199,109 $204,744 $199,109 $204,951
2018 $198,795 $198,355 $198,355 $202,444
2017 $192,618 $197,701 $192,618 $198,327
2016 $185,387 $191,591 $185,387 $191,591
2015 $178,975 $183,350 $178,009 $183,350
2014 $169,357 $178,202 $169,357 $178,202
2013 $146,224 $167,318 $146,224 $167,318
2012 $139,139 $145,694 $138,786 $146,571

Questions & Answers about the Gages Lake Housing Market Forecast

How much does an average home cost in Gages Lake today?

The value of an average home (the listing price) in Gages Lake is $305,199 USD.

What is the average price per square foot in Gages Lake?

According to Walletinvestor the median price per square foot in Gages Lake is 170 USD.

Will the median listing price of homes in Gages Lake grow / rise / go up?

Yes. The Gages Lake home prices may rise from 305,199 USD to 347,406 USD in one year.

Is it profitable to invest in Gages Lake homes?

Yes. The long-term profit potential is +13.83% in one year.

Will Gages Lake house prices fall / drop?

No. See above.

What is the predicted price of a Gages Lake home in 2030?

The predicted home sales price of a Gages Lake home in 2030 in Gages Lake is 413,711 USD.

What is the predicted price of a Gages Lake home in 2035?

The predicted home sales price of a Gages Lake home in 2035 in Gages Lake is 525,222 USD.

Will real estate prices decrease in Gages Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Gages Lake is the 7121. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lake, Gages Lake increased, looking at the past 12 months.

According to Walletinvestor's Gages Lake real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.718% to 305,199 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 15.179% in 2020
  • 15.149% in 2021
  • 15.319% in 2022
  • 13.309% in 2023
  • 13.969% in 2024
  • 12.339% in 2025

Based on our Gages Lake real estate market research and report the predicted sales prices will increase by 265.211% in the next 10 years.

Over the last 12 months, the value of homes in Gages Lake fluctuated: increasing 6 times and decreasing 4 times.

Gages Lake (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Gages Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 328022 310965 345079
September 2025 330184 298156 362212
October 2025 332359 315741 348977
November 2025 334549 304105 364993
December 2025 336754 313518 359990
Gages Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 338973 311516 366430
February 2026 341206 307427 374986
March 2026 343455 318039 368870
April 2026 345718 318406 373030
May 2026 347996 316328 379664
June 2026 348660 328089 369231
July 2026 347406 316487 378325
August 2026 346156 322618 369695
September 2026 345476 313001 377951
October 2026 346119 326044 366194
November 2026 348400 329238 367562
December 2026 350696 328952 372439
Gages Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 353006 324413 381600
February 2027 355333 322997 387668
March 2027 357674 334783 380565
April 2027 360031 339509 380553
May 2027 361899 325709 398089
June 2027 362151 336438 387864
July 2027 360848 335589 386108
August 2027 359550 329348 389752
September 2027 359222 323300 395144
October 2027 359838 329252 390424
November 2027 359865 329997 389734
December 2027 360470 325865 395075
Gages Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 361845 332173 391516
February 2028 364229 333634 394824
March 2028 366629 335466 397793
April 2028 369045 336569 401521
May 2028 371477 343987 398966
June 2028 373924 339897 407952
July 2028 375667 348994 402339
August 2028 376731 357141 396321
September 2028 377214 354204 400225
October 2028 377940 348082 407797
November 2028 379107 345745 412468
December 2028 381147 362090 400205
Gages Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 383659 362558 404760
February 2029 386187 361471 410903
March 2029 388732 362687 414777
April 2029 391293 365077 417510
May 2029 393867 364721 423013
June 2029 396394 365079 427709
July 2029 398430 368946 427914
August 2029 400484 379659 421309
September 2029 402659 372862 432456
October 2029 405274 383795 426754
November 2029 407945 379389 436501
December 2029 409547 375554 443539
Gages Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 409526 377583 441469
February 2030 408717 386646 430787
March 2030 407734 371038 444430
April 2030 407544 373311 441778
May 2030 408312 373606 443019
June 2030 411003 383465 438540
July 2030 413711 384337 443084
August 2030 416437 377292 455582
September 2030 419181 395707 442655
October 2030 421943 397470 446416
November 2030 424723 387348 462099
December 2030 427522 399733 455311
Gages Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 430339 388166 472512
February 2031 433175 398088 468262
March 2031 436029 401147 470911
April 2031 436861 413708 460015
May 2031 435290 397855 472725
June 2031 433724 409002 458446
July 2031 432872 406034 459710
August 2031 433678 394647 472709
September 2031 436535 406414 466656
October 2031 439412 405577 473246
November 2031 442307 420192 464422
December 2031 445222 420734 469709
Gages Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 448155 405581 490730
February 2032 451108 427200 475017
March 2032 453449 423522 483377
April 2032 453765 409750 497780
May 2032 452133 419127 485138
June 2032 450506 426629 474383
July 2032 450095 427140 473050
August 2032 450867 422011 479722
September 2032 450901 413025 488777
October 2032 451659 425914 477403
November 2032 453381 423458 483304
December 2032 456369 431268 481469
Gages Lake Housing Market Forecast with Real Estate Prices for 2033
January 2033 459376 421707 497045
February 2033 462403 424948 499857
March 2033 465450 433334 497566
April 2033 468517 424945 512089
May 2033 470700 441516 499883
June 2033 472033 437575 506492
July 2033 472639 434355 510923

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.