Current Price

$332,511

1 Month Forecast

â–² $360,288

1-Year Forecast *

â–² $381,144

5-Year Forecast *

â–² $454,116

"Is it a good time to buy homes in Grayslake?" "Does investing in real estate in Grayslake (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Grayslake is a good short-term (1-year) investment*. The Grayslake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Grayslake" 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 Grayslake in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Grayslake can be a profitable property investment option. The median price of an average house in Grayslake was 332,511 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Grayslake" area is 454,116 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +36.57% meaning that investing 100000 USD today may yield a profit of 36,572 USD by 2031.

Current Median Listing Price: 332,511 USD Median Listing Price Per Square Foot: 185 USD

Grayslake 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.

Grayslake (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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

Grayslake Price Target

Grayslake median home price target in 12 months: $381,144* (upside of 14.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $353,609 $358,096 $353,609 $358,096
2024 $310,899 $332,511 $310,899 $332,511
2023 $291,859 $310,101 $291,676 $310,101
2022 $271,729 $292,687 $271,729 $295,564
2021 $244,527 $268,667 $244,527 $268,667
2020 $228,501 $241,411 $228,501 $241,411
2019 $226,044 $227,674 $226,044 $227,674
2018 $222,642 $225,905 $222,642 $226,063
2017 $216,255 $221,194 $216,255 $221,194
2016 $210,652 $215,459 $210,652 $215,459
2015 $202,038 $208,963 $201,592 $208,963
2014 $190,495 $201,487 $190,495 $201,487
2013 $171,905 $188,997 $171,905 $188,997
2012 $170,504 $171,510 $170,504 $172,990

Questions & Answers about the Grayslake Housing Market Forecast

How much does an average home cost in Grayslake today?

The value of an average home (the listing price) in Grayslake is $332,511 USD.

What is the average price per square foot in Grayslake?

According to Walletinvestor the median price per square foot in Grayslake is 185 USD.

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

Yes. The Grayslake home prices may rise from 332,511 USD to 381,144 USD in one year.

Is it profitable to invest in Grayslake homes?

Yes. The long-term profit potential is +14.63% in one year.

Will Grayslake house prices fall / drop?

No. See above.

What is the predicted price of a Grayslake home in 2030?

The predicted home sales price of a Grayslake home in 2030 in Grayslake is 434,331 USD.

What is the predicted price of a Grayslake home in 2035?

The predicted home sales price of a Grayslake home in 2035 in Grayslake is 546,711 USD.

Will real estate prices decrease in Grayslake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Grayslake is the 3248. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lake, Grayslake decreased, looking at the past 12 months.

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

Median home values decreased by 6.553% to 332,511 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.846% in 2021
  • 13.406% in 2022
  • 15.746% in 2023
  • 13.976% in 2024
  • 13.106% in 2025
  • 13.856% in 2026

Based on our Grayslake real estate market research and report the predicted sales prices will increase by 291.593% in the next 10 years.

Over the last 12 months, the value of homes in Grayslake fluctuated: increasing 4 times .

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

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

Date Average price Minimum price Maximum price
Grayslake Housing Market Forecast with Real Estate Prices for 2025
August 2025 360288 326421 394155
September 2025 362494 338569 386418
October 2025 364713 339183 390243
November 2025 366946 332453 401439
December 2025 368868 347474 390262
Grayslake Housing Market Forecast with Real Estate Prices for 2026
January 2026 369642 348942 390342
February 2026 370489 341220 399757
March 2026 372039 347857 396222
April 2026 374228 350652 397805
May 2026 376519 349034 404005
June 2026 378825 354580 403069
July 2026 381144 351415 410873
August 2026 383477 347047 419908
September 2026 385825 362676 408975
October 2026 388187 366060 410314
November 2026 390564 352288 428839
December 2026 390948 354199 427698
Grayslake Housing Market Forecast with Real Estate Prices for 2027
January 2027 389714 351132 428295
February 2027 388431 351142 425720
March 2027 387709 357467 417950
April 2027 387143 352687 421599
May 2027 386047 357866 414229
June 2027 385806 352627 418985
July 2027 386661 353021 420300
August 2027 389028 352848 425207
September 2027 391410 364402 418417
October 2027 393806 364270 423341
November 2027 396217 356595 435839
December 2027 398643 359177 438108
Grayslake Housing Market Forecast with Real Estate Prices for 2028
January 2028 400012 376811 423212
February 2028 400561 363309 437814
March 2028 401259 367152 435366
April 2028 402236 373275 431197
May 2028 403271 365363 441178
June 2028 404957 376610 433304
July 2028 407436 378101 436771
August 2028 409930 379596 440265
September 2028 412440 378620 446260
October 2028 414965 378033 451897
November 2028 417134 378757 455510
December 2028 419352 383287 455416
Grayslake Housing Market Forecast with Real Estate Prices for 2029
January 2029 421413 387278 455547
February 2029 423993 393041 454944
March 2029 426383 392699 460067
April 2029 428993 401967 456020
May 2029 431620 392342 470897
June 2029 433465 390552 476378
July 2029 434331 401756 466905
August 2029 435006 398466 471547
September 2029 435368 408375 462361
October 2029 436156 412603 459708
November 2029 437096 414367 459825
December 2029 439772 406789 472755
Grayslake Housing Market Forecast with Real Estate Prices for 2030
January 2030 442465 405740 479189
February 2030 445174 406889 483458
March 2030 447899 419681 476117
April 2030 450245 422780 477710
May 2030 451189 421411 480968
June 2030 452223 410619 493828
July 2030 454116 409159 499074
August 2030 456788 412936 500640
September 2030 459585 431550 487619
October 2030 462398 427718 497078
November 2030 465229 434059 496400
December 2030 468078 438589 497566
Grayslake Housing Market Forecast with Real Estate Prices for 2031
January 2031 470943 440803 501084
February 2031 473826 434025 513628
March 2031 476727 445740 507715
April 2031 477197 443793 510601
May 2031 475690 441440 509939
June 2031 474124 427186 521062
July 2031 473242 432544 513941
August 2031 472552 441836 503268
September 2031 471215 433517 508912
October 2031 470920 442665 499175
November 2031 471963 425711 518216
December 2031 474853 443037 506668
Grayslake Housing Market Forecast with Real Estate Prices for 2032
January 2032 477760 437150 518369
February 2032 480685 450402 510968
March 2032 483628 447839 519416
April 2032 486588 452041 521136
May 2032 488260 446269 530250
June 2032 488931 463506 514355
July 2032 489782 463334 516231

> 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.